Anneliese Dodds

Anneliese Dodds

Labour (Co-op) — Oxford East

Speaking in the House of Commons on 26 February 2025

Debate

British Indian Ocean Territory

Contribution

I was just about to come on to that. There have been some changes to enable a limited element of front-loading, but the overall net present value of the treaty payments, which accounts for the impact of indexation, is not higher than it was. I will not press this point, because it would be very unfair to Opposition Members, but surely, when they talk about economic illiteracy, they are not falling into the trap of confusing timing with magnitude, because there is a pretty obvious difference between the two. We will provide more information on the departmental budgetary impacts in due course. The details will be set out when the treaty is laid before Parliament. We are seeing more bizarre claims about this issue even just within this debate. Frankly, we heard wild enough ones earlier when the Leader of the Opposition had her say, and the Prime Minister explained that she was wide of the mark. Of course, as colleagues would expect, any funding arrangement and the departmental split of any costs arising from the treaty with Mauritius will be finalised through the spending review. I have to say that I am used to hearing some pretty wild maths from the Conservatives, and we had the true Tory kamikaze Budget of course, but they are surpassing themselves, because it is ridiculous to compare—

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