Cameron tells MPs: British hostages remain unaccounted for in Algeria

PM says number of Britons at risk at Algerian gas plant has been "significantly reduced" but that operations are not over.

David Cameron has just finished delivering his Commons statement on the hostage crisis in Algeria. He told MPs that last night the number of British citizens at risk was "less than 30", adding that this number had been "significantly reduced" since but that he was unable to say more at this stage. In other words, there are Britons who remain unaccounted for.

With a hint of frustration in his voice, Cameron also revealed that he only learned of the operation by Algerian forces on Thursday morning "while it was taking place".

He said:

Mr Speaker, we were not informed of this in advance.

I was told by the Algerian Prime Minister while it was taking place.

He said that the terrorists had tried to flee, that they judged there to be an immediate threat to the lives of the hostages and had felt obliged to respond.

When I spoke again to the Algerian Prime Minister  later last night he told me that this first operation was complete but this is a large and complex site and they are still pursuing terrorists and possibly some of the hostages in other areas of the site.

But while clearly disappointed by the conduct of the Algerian government, Cameron also emphasised several times that the responsibility for the hostage-taking laid with the terrorists alone, who are believed to be operating under veteran jihadist Mokhtar Belmokhtar, described by Cameron as "a criminal terrorist and smuggler who has been operating in Mali and in the region for a number of years, and who was formerly affiliated with Al Qaeda in the Maghreb."

Cameron also reflected on the "heavy price" paid by Algeria over many years "fighting against a savage terrorist campaign".

David Cameron leaves Number 10 Downing Street to travel to the House of Commons to deliver a statement on the unfolding hostage situation in Algeria. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

Photo: Getty
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Love him or loathe him, Britain needs more Alan Sugar

Big business is driving down wages, failing to invest, and funnelling rewards to the richest.  Entrepreneurs - and the state - need to fill the gap. 

The business baron who loves a bust-up has just been hired by Her Majesty’s Government to tour the country inspiring the next generation of apprentices. And he’s got his work cut out for him.  

Britain is loads more enterprising than it used to be - but the truth is, we’re miles behind our rivals. The good news is that Britain boasts nearly two million more firms than at the turn of the century. Over 40 per cent of Europe’s “unicorns” (new firms worth over $1 billion) are UK based. And by the next election, there will be more self-employed people than public service workers. 

But, here’s the bad news. Globally, we’re only 48th out of 60 in the global enterprise league table - and of the top 300 companies created in the last thirty years, only a handful are British. The only two British websites in the global 100 were actually founded in America - google.co.uk and amazon.co.uk. Worst of all, according to new House of Commons library figures which I commissioned this week, over a million people have left entrepreneurial activity in the last three years. 

Yet in my new history of British capitalism, Dragons, published today, I show how we’re a nation built by some of the greatest entrepreneurs on the planet. They were the buccaneers like Robert Rich, who built the trading companies and colonies of north America. The traders like Thomas Diamond Pitt who built old multi-nationals like the East India Company. They were industrial revolutionaries like Matthew Boulton who perfected the steam engines, and capitalists like Nathan Rothschild who built the bond market. Down the ages, there were of course great rogues and fraudsters, slavers, opium dealers and imperialists, like George Hudson, William Jardine and Cecil Rhodes. And through the centuries, women were in particular, were frozen out of the power structures of the market. 

But, throughout our past, great visionaries like George Cadbury, William Lever and John Spedan Lewis not only created new wealth but invented new ways to share it, from Port Sunlight to Bournville, to the board rooms of the John Lewis Partnership. 

Theirs is the entrepreneurial spirit we are going to need to rebuild Britain. Why? Because we can no longer leave the task to big business. Big business is driving down wages, failing to invest, and funnelling rewards to the richest. Today, UK firms are sitting on an extraordinary £522 billion in cash. And that’s after they lavished out £100 billion in share buy-backs in 2014. According to Larry Fink, the head of Black Rock which is the world’s biggest investment manager, the gargantuans of the global economy are simply failing to invest in the new jobs and industries of the future. 

So we’re depending on our entrepreneurs to turn new ideas into new industries and new industries into new jobs - whether it is in big data, cyber-security, driverless cars, the internet of things, or genetic medicine. It’s not just good for progress. It’s good for jobs. In fact, if our young people today were as entrepreneurial as their counterparts in Germany or America, its estimated they would create an extra 100,000 jobs. 

The big lesson from 600 years of the history of capitalism is simple: entrepreneurs make history - by inventing the future. So we need the government to start doing an awful lot more for the enterprise economy; spreading enterprise education, investing more in science, shifting government contracts to small high growth firms, and sorting out the banking system. But if we want a better future for Britain, we need an awful lot more entrepreneurs to do well. And so we need AlanSugar to succeed.  

Dragons: Ten Entrepreneurs Who Built Britain is published by Head of Zeus today

Liam Byrne is Labour MP for Birmingham Hodge Hill, cofounder of the UK-China Young Leaders Roundtable and author of Turning to Face the East: How Britain Prospers in the Asian Century.