Stranded assets

Barry intervened in COP26 questions in the House of Commons to ask what Alok Sharma, the COP president, is doing to engage with the heads of financial sectors across the world about how they are dealing with the issue over $1 trillion in projected “stranded assets” due to low-carbon transition.

Driven by technological, societal and political change, renewable energy technologies are progressively replacing fossil fuels. A recent report found that, under an expectation that governments will fulfill their net-zero emissions pledges, these changes will accelerate, with the consequence that current oil and gas assets may be overvalued by more than $1 trillion.

WATCH Barry’s question 🔽

No more than a kleptocracy: Barry calls for urgent measures to support a new, democratic Sri Lanka

Thousands of Tamils in Brent North are deeply concerned about the situation in Sri Lanka, Barry told the House of Commons when he intervened on 13 July during an Urgent Question on the state of emergency declared there.

He pointed out that the Parliamentary Labour Party had long warned that the country’s government was “no more than a kleptocracy”, which had now been proven to be the case, and called on the minister to set out what measures the UK government was taking to support a new, strong, inclusive and democratic Sri Lanka.

No one in this chamber or outside it should have any confidence in this government

Barry intervened in yesterday’s debate (18 July) in the House of Commons on the confidence vote in Boris Johnson’s government, describing the so-called caretaker prime minister as a “reckless narcissist”.

“Are there any two words in the entire English language that describe this PM less than ‘care’ and ‘taker’?” Barry asked.

He said it was clear that the neither Johnson’s cabinet colleagues or the public had any confidence in him, yet Tory MPs had left him in place because they refuse to call a general election as they have no confidence they would win it.

WATCH Barry’s speech 🔽

Barry calls for St Monica Trust to be referred to the HSE for use of agency workers

Barry called on the minister to report the St Monica Trust to the Health and Safety Executive, during the debate on the government's intention to allow agency workers to be used to break strikes, on Monday 11 July.

That morning, Barry had visited striking Unison members on their picket lines at the Bristol Cote Lane and the Sandford sites. These low paid workers are being subjected to fire and rehire, but their biggest concerns, which they shared with Barry, are about the use of agency staff who are not skilled or experienced.

The striking staff were deeply concerned for the safety and welfare of the elderly people in their care.

WATCH Barry’s intervention 🔽

Barry raises constituent's case in violence against women and girls debate

Barry intervened during Labour’s Opposition Day debate today to powerfully raise an incredibly concerning case of a constituent he met over the weekend.

The young woman had gone to the police to report violence from her partner, against her. She was concerned that the officer hadn’t taken the issue seriously and raised a complaint against the officer.

She was then subsequently charged with stalking the person that had committed violence against her.

During his contribution Barry said; “This is the way in which our police I am afraid in London have got things entirely wrong”

Shadow Home Secretary Yvette Cooper said that she would like to meet with Barry discuss with him further to discuss the individual case.

Barry challenges Liz Truss on humanitarian efforts for Ukrainians

Barry spoke up today on behalf of constituents who have relatives who have fled to Ukraine to Poland and asked Liz Truss what conversations she has had with her Polish counterparts with regards to swift flights being arranged to bring them here.

Barry also asked what conversations had been undertaken with the Home Secretary with regards to the matter. The full exchange can be viewed below

Barry calls for an urgent windfall tax to help leaseholders stuck in limbo

Barry asked a question to Michael Gove, Secretary of State for Housing, in his statement on Building Safety.

In his question, Barry said that the Secretary of State’s statement focused on cladding, when the vast majority of leaseholders in unsafe homes are suffering from other insulation and fire stopping defects.

Barry also noted that many of the companies who will be asked to ‘pay up’ have gone into voluntary liquidation. Barry asked the Secretary of State whether he will implement a windfall tax on the whole industry now.

Many leaseholders in Brent North and around the country have been waiting 3 years in purdah and need some urgent clarity and leadership from the government on this issue.

You can watch his question in full below.

Barry responds to the Autumn Budget

Barry responded to the Chancellor’s Autumn Budget in the Chamber. In his speech, Barry touched on matters such as:

  • This Budget is the result of 11 years of austerity and under-investment.

  • No Government since the war has implemented a higher tax take from the people of this country.

  • Growth in the next three years will slow to a sluggish 1.3% and our country’s debt stands at the astonishing figure of £2.2 trillion

  • The growing deficit

  • The total lack of strategy to tax wealth on unearned income

  • The failure of the Government to work towards a net zero economy

You can watch Barry’s speech in full below.