Employment: Rights
Debate between Lord Hughes of Woodside and Lord Marland
Lord Marland
I am afraid that I am not much for making a commentary on share prices; my record is not outstanding in that regard. I wonder whether Mr King’s competition is with Waitrose, where of course there is broad employee ownership and, I understand, a very good spirit of co-operation.
Lord Hughes of Woodside
Does the Minister not agree that there is nothing incompatible in a good company recognising workers’ rights? Why is he suggesting that it would be better to have shares and not to have employment rights?
Lord Marland
No one is suggesting for one moment that we do not recognise employee rights. It would be outrageous not to do that. We have no intention of doing that. We are putting forward a very sensible and well thought-out scheme, which recognises employee rights but also recognises that if you want to be a shareholder in endeavour or to create value for yourself in a small, emerging company then you have to take the same road as the people who are employing you. This is a fantastic opportunity for employees to share in this enterprise and it is a terrific scheme.
Olympic and Paralympic Games 2012: Trade and Investment
Debate between Lord Hughes of Woodside and Lord Marland
Lord Marland
I am just trying to keep the sun tan up. My noble friend Lord Green is in Europe as we speak, and everything that the Prime Minister does when he goes abroad is with the aim of incentivising trade.
Lord Hughes of Woodside
My Lords, is there not a case for a coherent policy? Much has been done in terms of the Olympics and the follow-up to them, yet we are now closing the office in Basra. Surely the Minister must realise that it is ease and quickness of access that gets business, not waiting for somebody to phone the office in Baghdad and say, “Can you get on a plane and come and see us?”. The Chinese are not going to do that.
Lord Marland
The noble Lord provokes a couple of questions. The first is: what did the Olympics do for British business? I believe it is true that it showed Britain to be safe and secure, it showed us to be an engaging nation and it showed us to be a nation capable of delivery, of which we should be proud. Having been in business all my life, I can say that those are three criteria that are attractive for businesses. If we add to that the rule of law, transparency, our place in the global world and the fact that we speak English, to my mind that makes Britain an absolute global centre. How will we benefit from it? In relation to the noble Lord’s question about the office in Basra being closed, we have announced that a new visa entry programme will be enhanced out there to allow Iraqi people to come to Britain, whereas before they would have had to get their visas from places such as Jordan. A lot of prosperity initiatives are going on and that is just one of them.
BAE Systems and EADS
Debate between Lord Hughes of Woodside and Lord Marland(11 years, 7 months ago)
Lords ChamberRead Full debate Read Hansard Text
Lord Marland
Indeed, the national interests are absolutely fundamental and, of course, my noble friend was in Cabinet when those decisions were made. They were made to protect the national interest. However, the Government have not had to make a decision on that issue. The two companies have decided among themselves that they are not going to merge, and we are therefore in the fortunate position of allowing them to make that decision without us intervening.
Lord Hughes of Woodside
Did the Minister hear the reports at lunchtime which said that one of the major reasons for the breakdown in negotiations was the insistence of Angela Merkel and the German Government on greater control over the combined company? Is this so? If it is, is it not good that they did break down?
Lord Marland
I am not going to respond to the media interpretation of this breakdown. For those who wish to look at the official announcement, it related to the legal structure between the two entities, whether they would operate in the countries and how they would share the workload. Those were fundamental reasons for the breakdown. Of course the German Government will have views on this merger, as do indeed our Government and the French. It would be, as my noble friend Lord Tebbit said, totally appropriate that we should. It is important in all our national interests.
Energy: Wind Turbines
Debate between Lord Hughes of Woodside and Lord Marland
Lord Hughes of Woodside
My Lords, far be it for me to help the Minister out of the hole that he is digging for himself, but does he agree—and he obviously does—that wind farms are an essential part of our future energy policy, and that those who deny that, sometimes on aesthetic grounds, are like those who argue that farming should be left the way that nature intended, which would mean that there would be no farming at all?
Lord Marland
My Lords, there is not much I can say to that, except that I did not really think I was digging a hole for myself. However, the noble Lord is completely right in everything he says.
Energy: Electricity
Debate between Lord Hughes of Woodside and Lord Marland
Lord Marland
I totally agree with the noble Baroness, but in fairness, it is the role of Ofgem to ensure that electricity prices remain competitive. We strongly encourage Ofgem to be transparent and to challenge the fairness of prices. As noble Lords know, we are reviewing the role of Ofgem and ensuring that it is carrying out those methods so that we end up with a competitive electricity market in these very difficult times.
Lord Hughes of Woodside
My Lords, at Question Time after Question Time we keep hearing Ministers speak about competition and reducing prices. The facts are that prices still keep going up. Electricity has gone up by 9 per cent. How can 9 per cent on people’s bills be justified?
Lord Marland
The noble Lord is completely right that electricity bills are going up and have been going up. This is very regrettable, but let us look at the facts. In the past five years, oil prices have gone up by 60 per cent and gas prices by nearly 60 per cent. Electricity prices have also gone up by nearly that much in that time. It is incumbent on us to get a competitive situation in the market and I can assure your Lordships that this Government are trying everything that they can to achieve that.