All 3 Debates between Lord Harrison and Lord Freud

Occupational Health Services

Debate between Lord Harrison and Lord Freud
Thursday 1st March 2012

(12 years, 8 months ago)

Lords Chamber
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Lord Harrison Portrait Lord Harrison
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To ask Her Majesty’s Government what they will do to encourage co-operation between the Department for Work and Pensions and the Department of Health to improve access to occupational health services including early intervention physiotherapy.

Lord Freud Portrait The Parliamentary Under-Secretary of State, Department for Work and Pensions (Lord Freud)
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My Lords, the Department of Health and Department for Work and Pensions work closely together on improving the link between health and work, including helping to improve access to early intervention services for people at work with health problems. It is the responsibility of local and national health service and public health organisations to commission services to meet the needs of their community, including the provision of physiotherapy services.

Lord Harrison Portrait Lord Harrison
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My Lords, given that this country loses some £7 billion each year because of back and neck pain suffered, and given that some half a billion pounds is lost through NHS staff suffering in the same way and that the proper and timely application of physiotherapy would help enormously in returning people to work, can the noble Lord ensure that physiotherapy services are well funded and provided for in a timely fashion and that, in the development of government policy, the left hand of the DWP knows what the right hand of the NHS is doing?

Lord Freud Portrait Lord Freud
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My Lords, I share the noble Lord’s concern about having adequate physiotherapy services. We are making quite a lot of strides in the combination of helping people to stay in work and getting them back to work and good health. There have been a lot of pilots, which I could go through if there were time. A lot of work has been done on this and it is right at the forefront of our concerns. We will be trying to optimise the position as we look at our response to the sickness absence review.

Employment: Sickness Absence

Debate between Lord Harrison and Lord Freud
Wednesday 25th January 2012

(12 years, 10 months ago)

Lords Chamber
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Lord Freud Portrait Lord Freud
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Yes, my Lords. This initiative, which I am proud to have commissioned and sponsored, is really very important for improving the quality of life for a lot of people. With this review we are talking about a way of intervening much earlier so that we stop people start falling out of the labour market. The present system allows them to drift on for months, if not years.

Lord Harrison Portrait Lord Harrison
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My Lords, does the Minister agree that there is a connection between a healthy economy and a good health service? Given that back problems are the most important reason for sickness absence, early intervention by physiotherapy services is important for those who fall foul of that problem. Will he ensure that we have a service for physiotherapists that is able to match the need in order to return people to healthy work as soon as possible?

Pensions: Deepwater Horizon

Debate between Lord Harrison and Lord Freud
Wednesday 9th June 2010

(14 years, 5 months ago)

Lords Chamber
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Lord Harrison Portrait Lord Harrison
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To ask Her Majesty’s Government what assessment they have made of the impact of the Deepwater Horizon oil spill on British pension savers.

Lord Freud Portrait The Parliamentary Under-Secretary of State, Department for Work and Pensions (Lord Freud)
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My Lords, the Deepwater Horizon spill is an environmental and human tragedy. People saving in a pension scheme may be worried by the recent falls in the BP share price and indeed by market speculation about whether BP will pay a dividend this year. However, most pension schemes will be diversified across a range of investments, which will include not only equities but assets such as gilts, property and cash. Those more heavily weighted towards equities should not be too exposed to a single company.

Lord Harrison Portrait Lord Harrison
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Given that some one pound in six of the moneys received by pension funds comes from BP, does the Minister accept that these environmental risks can become severe financial risks? In light of that, would his coalition Government consider strengthening the reporting by pension funds to shareholders of these environmental, social and governance risks to ensure that the pension funds are not embarrassed in the way that they could be as a result of the recent tragedy?

Lord Freud Portrait Lord Freud
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My Lords, the noble Lord, Lord Harrison, is right when he says that BP is a major dividend payer. I think that last year it paid approximately 14 per cent of all dividends in the FTSE 100. This raises the question that the noble Lord has just asked: to what extent are pension funds acting responsibly with regard to their ownership responsibilities to companies? There have been improvements in that over the past decade, but the question that we need to consider is whether they have improved enough.

--- Later in debate ---
Lord Freud Portrait Lord Freud
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My Lords, I thank my noble friend for that question. Clearly, the BP board has to make some complicated decisions, which are a mix of the financial and the political. Market estimates of the cost that the company will have to pay are in the region of £15 billion to £20 billion, although that is purely market speculation and I make no comment about what the Government expect them to be. The company will have to decide in that context whether it is appropriate to pay a dividend.

Lord Harrison Portrait Lord Harrison
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I am grateful to the noble Lord for his reply to my first question—