Oral Answers to Questions

Debate between James Cartlidge and Andrew Griffiths

Tuesday 12th June 2018 Commons Chamber

[James Cartlidge (South Suffolk) (Con)]

Given the success of auto-enrolment, will the Minister outline what steps the Department is taking to ensure that as the country saves more, we invest more in British industry?

[Andrew Griffiths]

The hon. Gentleman will know that through the industrial strategy we are doing all we can to support British business and make sure it gets the investment it needs, particularly through the British Business Bank, which is looking to release £20 billion of patient capital to give our businesses the rocket fuel they need to grow.

Oral Answers to Questions

Debate between James Cartlidge and Andrew Griffiths

Tuesday 30th January 2018 Commons Chamber

[James Cartlidge (South Suffolk) (Con)]

2. What steps he is taking to ensure that low-paid workers are remunerated appropriately.

[The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Andrew Griffiths)]

The national minimum wage and national living wage rates are recommended to the Government by the independent Low Pay Commission. To ensure that workers are paid fairly and that non-compliant employers are caught, the Government provide £25.3 million to Her Majesty’s Revenue and Customs for minimum wage enforcement —that is an increase from £13 million in 2015-16. Last year, HMRC secured arrears of wages for 98,000 workers, totalling £10.9 million.

[James Cartlidge]

I thank my hon. Friend for that answer and welcome him to his deserved new position. I very much welcome the national living wage as a way of boosting the wages of our lowest-paid workers. Does he share my surprise that there are those who criticise its generosity, given that the only international comparator is The Economist’s Big Mac index, under which we have the most generous minimum wage in Europe aside from that of its richest country, Luxembourg?

[Andrew Griffiths]

I completely agree with my hon. Friend on that. The next increase to the national living wage is to be a whopping 4.7%. The introduction of the national living wage was the biggest pay rise for low-paid workers in nearly 20 years. The latest increase will benefit more than 2 million people and is set to cover 3 million by 2020. The average earnings of a 25-plus, full-time worker have increased by £2,000 since 2016.