(2 years, 3 months ago)
Lords ChamberOf course we will take any lessons that are learned through the different pilot studies that are taking place. I think I disagree with the noble Lord that the pandemic proved that flexible working is the norm: it worked in some areas and some industries, but of course the Government did pay huge numbers of people to stay at home during the furlough scheme, which is not something we could ever carry on doing. Of course, it can work in some industries: a number of private sector companies have adopted it and, great, if it works for their particular circumstances and their particular employees, good for them—but it does not work for every industry.
My Lords, is it not fantasy economics to pretend that most employers can afford to pay people the same amount of money for working fewer hours? The truth is that there is no simple answer, no quick fix, to dealing with the weakness of our economy: it requires hard work, serious policies to improve productivity and investment in education and skills. We have to invest in technology, innovation and green industries, so that we can create good new jobs, particularly in places such as the West Midlands that have lost their traditional industries and struggle to find new ones. There is no easy answer to this, whether it is reducing hours and pretending to pay people the same money or, for example, the universal basic income.
I think I was agreeing with the noble Lord right up to his last sentence. Yes, of course there are no simple answers, and it can work for one industry and not for others; I really doubt that a universal basic income is the answer to this, though.
(3 years, 9 months ago)
Lords ChamberI agree with my noble friend and indeed I would include vans as well. He makes a very good point. Developing a competitive UK electrified supply chain is key to maintaining the success of our automotive industry, which I remind noble Lords is one of the most productive and efficient in the world. Doing this will protect and create thousands of high-quality jobs across the UK.
My Lords, I draw attention to my entry in the register of interests. The electric vehicle revolution can also bring thousands of well-paid jobs to areas such as the West Midlands, but that requires investment in battery technology and mass production. What assessment have the Government made of proposals for a battery plant at Coventry? I commend to the Minister the brilliant work being done in this area by the Warwick Manufacturing Group, where I and many other parliamentarians sit on the voluntary advisory group.
There are a number of good proposals around the country, including from Coventry, for the location of gigafactory investment. Ultimately, of course, the decision will be a commercial matter. Ministers and officials are in close discussion with those developing the Coventry proposals, the Blyth proposals and other factories around the country.