(9 years, 6 months ago)
Commons ChamberWe are taking unprecedented steps to tackle late payment, including in the Small Business, Enterprise and Employment Bill, which we hope will become an Act today. A change in culture is needed to make 30 days payment terms the norm and 60 days the maximum. We are changing the prompt payment code to reflect that and to say, “If you don’t sign up to that and practise what you preach, you’ll get kicked off the code, so we can change this culture for good.”
T8. Over 9,000 people have phoned the RBS telephone helpline on the enterprise finance guarantee scheme. Does the Secretary of State—not the Minister—agree that whoever holds his position after the election should order an urgent investigation into the use of the enterprise finance guarantee scheme by RBS?
That process is already under way. I have met representatives of RBS to discuss it. They have acknowledged that there are failings in the way in which they operated the scheme, and they have given assurances that anyone who was a recipient of the loan and who has been disadvantaged by the way RBS handled it will receive recompense.
(9 years, 7 months ago)
Commons ChamberIt is fascinating. Only a few weeks ago, in the debate on Labour’s job guarantee, the Secretary of State pointed out that Labour had spent the bank bonus tax 11 times with 11 different policies. If spending it for a 12th time is the best the hon. Lady can do, she needs to go back to the drawing board.
3. What steps she is taking to deliver equal pay for men and women.
The gender pay gap has fallen to its lowest level ever and has been entirely eliminated among full-time workers under the age of 40, but our goal must be to eliminate it entirely. We are tackling systemic pay inequalities through a range of measures: the Your Life initiative to get more girls into science, technology, engineering and maths; improved child care; extending flexible working; and introducing shared parental leave.
The Government’s position is not to support that particular Bill, but we are encouraging much more transparency through the Think, Act, Report initiative, to which more than 270 employers, covering 2.5 million employees, have signed up. Nearly half of them have done an equal pay audit in the last year and two thirds are publishing more information on gender equality. I agree that this is a hugely important issue on which we need to make more progress, and we are committed to doing so.
(9 years, 7 months ago)
Commons ChamberThat is total nonsense. We have more students than ever before in this country. We have been able to take the cap off the number of students able to go to university, a historic decision that implements the recommendation of the Robins report of over 50 years ago. In terms of putting people off going to university, the big concern of the vice-chancellors is that the Labour party’s proposals would specifically damage the prospects of poorer students and risk the quality of education for all. It is time that the right hon. Gentleman, who has failed to come up with a policy for all this time, said, weeks before the election, what Labour’s policy on higher education is.
7. If he will review the use by banks of the enterprise finance guarantee scheme.
The enterprise finance guarantee is an important part of our support for viable businesses looking to get access to finance where they do not have sufficient collateral or a track record. We regularly review its performance and have found that by increasing access to finance it helps jobs and growth.
For over a year, I have written and tabled parliamentary questions asking for a review of the scheme. On 14 January, the Secretary of State met RBS. On 15 January, RBS announced a review of its scheme. Given that it controls about 40% of the enterprise finance guarantee scheme, that it is calling for a review and is looking at the matter internally, is it not about time that the Minister did that himself?
We constantly review the scheme to ensure that we get the best possible deal. The majority of the enterprise finance guarantee goes through other banks, which, as far as we know, are performing impeccably. On the RBS aspect, we have met RBS to discuss that. It is reviewing the matter, and we will make sure that it works in the future. The big picture is that the scheme is working well and helping small firms to access finance.
(9 years, 8 months ago)
Commons ChamberI agree with my hon. Friend that the Government have delivered far better value for money in the capital programme than their predecessor, and that is why we are able to do so much on the capital front. He will not expect me to make a final statement now on the bid from his constituency, but his strong support is carefully noted by Ministers.
When do the Government expect to produce the report on asbestos in schools, which was completed in June 2014 but has not yet been published?
(10 years, 7 months ago)
Commons ChamberOf course some businesses are dependent on lending and it is very important to ensure that that problem is sorted out, but my hon. Friend rightly raises the fact that many businesses have an increasing amount of cash on their balance sheets. Encouraging them to get out and spend that cash and invest is an absolutely critical reason for increasing business confidence. I am delighted that business confidence is at record levels. Northamptonshire is one of the most supportive places for business and has recently won an award for exactly that.
7. What recent assessment he has made of the number of complaints and the level of consumer detriment relating to estate agents’ practices in England and Wales.
16. What recent assessment he has made of the number of complaints and the level of consumer detriment relating to estate agents’ practices in England and Wales.
Citizens Advice received 2,831 calls on issues concerning estate agents from February 2013 to January 2014. The Office of Fair Trading investigated 114 complaints against estate agents from April 2013 to October 2013. Trading Standards continues to carry out enforcement activity against rogue estate agents. From 1 April, the Competition and Markets Authority will work with other consumer bodies to monitor the level of detriment relating to estate agents’ practices.
This particular issue has not been raised with me, but I am happy to take it up with the enforcement authorities and the two redress schemes. I will ask the Office of Fair Trading and the CMA to consider the matter on behalf of the right hon. Gentleman.
(10 years, 10 months ago)
Commons ChamberThe hon. Lady will find that the trend in Government procurement is very much on track to meet the 25% target for small business. It is much more difficult with devolved bodies, such as health authorities and local government, but we are working on that with the relevant Departments.
Less than seven days ago, the Secretary of State said to a small business forum in Bath that solar energy
“had a part to play in powering the nation”.
Will he tell me whether Government is actually joined up, given that small businesses in my constituency are complaining to me about the cuts announced yesterday?
Enormous numbers of homes use solar power. The major technological advances in that area are driving down costs. We need to see that happen across renewable energy. The Government of course had to cut the subsidy when it became clear that the industry was more sustainable.
(10 years, 10 months ago)
Commons ChamberIs the Minister aware that some people who attend college in Chester do get EMA? Those of my constituents who are from Wales get it, because the Labour Government in Wales provide it to all pupils. Will he accept that that EMA provision means that people stay on at school for longer, and improves their ability to learn at school?
No, because the 16-to-19 bursary fund is better targeted. It is typical of Opposition’s proposals that the shadow Secretary of State’s proposal to bring back EMA came with a measure to pay for it that would have raised just over £100 million, leaving yet another black hole.
(10 years, 11 months ago)
Commons ChamberWe are totally committed to that task. Under the red tape challenge—the one in, two out system that my colleague the Minister of State, Department for Business, Innovation and Skills, the right hon. Member for Sevenoaks (Michael Fallon) is leading admirably—we estimate that we have probably already saved business about £1 billion a year, and there is a commitment to extend that process.
What discussions has the Secretary of State had with his Government colleagues about the impact of energy prices on small businesses? Does he support the Prime Minister’s call for a cut in green taxes? Does he support the call by my right hon. Friend the Member for Doncaster North (Edward Miliband) for a price freeze? Does he support Sir John Major’s call for a windfall tax? Or is he in favour of doing nothing at all?
We have made it clear that doing nothing is not an option. We fully understand the implications of rising energy costs for business, particularly energy-intensive businesses. We have framed compensation arrangements and payments have already been made under the European Union emissions trading scheme, and state aid approval is now being sought for compensation for the carbon price floor for energy-intensive companies.
(11 years, 6 months ago)
Commons ChamberIt was the previous Government who transposed the European directive but who failed to transcribe the flexibility that France and Germany have to lower the minimum sugar content in jam. We will consult on that shortly. Under this Government, not only is there more flexibility towards the European Union, but there will be more jam tomorrow.
Given that Members in another place—not just Labour peers, but a former Conservative Chancellor of the Exchequer and former Cabinet Ministers and Cabinet Secretaries—have this week rejected the Government’s shabby proposals on cash for workers’ rights, is it not right that the Government now reconsider their shabby proposal?
This House agreed before Christmas to make available this additional right. Nobody has to take it up—they cannot be bullied or harassed into it. There is no need for them to take it up, but equally there is no need for the other place to deny them the opportunity if they wish to do so.
(12 years, 8 months ago)
Commons ChamberI am aware that what the hon. Gentleman refers to is a live case, so I must be careful in the sense that it is before the tribunals. However, I am sure that the representations he has made are clear. Again, we need to strike the right balance so that employers and employees have a fairer deal. Frankly, I do not think that was the case in the 13 years of the last, Labour Government.
Last year, 171 people were killed at work and 115,000 were seriously injured. Is the Minister really saying that now is the time to water down health and safety legislation?
The changes that Professor Löfstedt has identified are not about reducing safety at work; they are about cutting unnecessary red tape. That is clear; indeed, it is why one Opposition Member has been part of that panel and has supported its proposals, which this Government will implement.