(8 years, 5 months ago)
Lords ChamberThe committee that the noble Baroness chaired on social mobility was incredibly important. It covered a topic close to my heart and to that of all noble Lords in this House in ensuring that people from all backgrounds have the opportunity to fulfil their potential and have great awareness and understanding of the various routes available to them in achieving their potential. That is why we as a Government are doing so much to try to improve the careers guidance, not just in schools but, as the noble Baroness says, to strengthen the dialogue and connection between schools and local employment and businesses in school areas.
Could my noble friend tell the House what role she sees for employers in inspiring young people in careers? I declare an interest as an employer.
Employers should play a big part in inspiring young people and see that as an important part of their responsibility. That is why we have invested so much in creating opportunities for apprenticeships and how we want to see employers playing their part not just in providing those apprenticeships but in making sure that, in schools, students and pupils understand what is needed for them to be successful in the world of work.
As my noble friend knows, the way in which the Government consider the tax regime for businesses as a whole is something that we continue to study. Fundamentally, we are anxious to ensure that we have the best tax system for British business and that we continue to encourage growth in this country.
My Lords, I draw attention to the register of interests in which I disclose that I am a director of Blue Inc, a profitable company with some 200 shops in the UK. Does my noble friend agree that the Labour Party proposals of an annual revaluation of all retail properties to assess rates would just produce another administrative burden on retailers at a time when they least need it?
The Labour Party policy paper to which I think my noble friend is referring suggests a range of measures. I can be very clear on one measure with which we disagree: a measure to introduce business rates for farmland and farm buildings, which would certainly lead to an increase in the cost of living by forcing up food prices.