(1 year, 7 months ago)
Lords ChamberI am sorry to disagree, but we do have detailed plans on where we are going. We have laid them out in our building strategy and in our net-zero plan. Only just before the Recess we published our Powering Up Britain plan, outlining exactly the kind of details that the noble Lord referred to.
My Lords, do the Government have any view on the impact on COP 28 of the invitation for President Assad to attend?
I saw that the COP 28 presidency had invited Assad and all world leaders. It is a UN body, so of course we do not control who gets invited or who chairs it. Clearly, we deplore the invitation of such an appalling man to this event, but it is not something for which we are responsible.
(2 years, 8 months ago)
Lords ChamberWe have an excellent record for job creation in this country, and our unemployment rates are much lower than many others on the European mainland, but I totally accept the point the noble Lord is making. We must all redouble our efforts to make sure that those who are disabled get the same opportunities to work as the rest of us do.
My Lords, will the Minister confirm that when the Bill eventually arrives, it will progress the so-called good work agenda, enabling workers with variable hours to request a more stable and predictable contract? I am sure the Minister is aware that the EU transparent and predictable working conditions directive will introduce similar rights on an EU-wide basis from August 2022. Will he confirm that the reason for delay in the Bill is not to avoid similarity with Europe on these issues?
Of course all EU employment directives were transposed into UK law, but they are a minimum standard in many circumstances. As the noble Lord will know, we go far beyond EU minimum standards and we should be proud of that.
(3 years, 5 months ago)
Lords ChamberI know that the noble Baroness feels passionately about these matters, and we share her enthusiasm for decarbonising the industrial sectors as quickly as possible. She will know that decarbonising UK industry is a core part of the Government’s plan for a green industrial revolution, which I am sure she will support. The industrial decarbonisation strategy commits the Government to work with the steel council on the implications of the Climate Change Committee’s recommendation for UK-based steel makers to be carbon neutral by 2035.
My Lords, the Minister will obviously be aware of the significant role of GFG in our steel industry. Have the Government permanently ruled out the provision of finance to GFG and its plants? If this is only temporary, are the Government investigating GFG and, if so, which departments are doing so and is the Minister confident that a conclusion will be reached shortly?
Ultimately, it is of course for the company to manage its commercial decisions for the future and to find a successful buyer, but we hope this company succeeds with its plans to refinance. With regard to investigations, the noble Lord will know that I cannot comment.
(4 years, 5 months ago)
Lords ChamberThis is, as I said, a one-off investment in a cutting-edge satellite technology company which has many applications that the UK can leverage, including defence applications and providing communications, resilience and remote operations where services are currently limited.
My Lords, following up the question by my noble friend Lord Fox, are the Government not concerned that the American technological market, which undoubtedly loves these sorts of investments, was not prepared to put in the money and so the company was forced into Chapter 11 bankruptcy? Do the Government accept that very significant further investment will be required to get this off the ground? Are the Government prepared to do that—and, if so, for how much?
(4 years, 7 months ago)
Lords ChamberDoes the Minister accept that, although the number of loans is quite large, the number of SMEs receiving them as a proportion of the whole is relatively small? Is he concerned that, under the two existing schemes, banks are primarily lending only to people to whom they would have lent anyway in normal times? This is particularly hitting the hospitality and retail sectors.
The noble Lord is right that only a relatively small proportion of the total number of SMEs have applied for or received loans. However, it is important to remember that not all businesses want loans, and of course other government support schemes are also available to help them through the crisis.