Energy Profits Levy
Debate between Lord McLoughlin and Baroness Penn(1 year, 6 months ago)
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Baroness Penn (Con)
I do not know whether referring to over £50 billion of tax take as “peanuts” reflects the broader Labour Party’s attitude towards public finances, but the Government consider that the measures we have put in place are working well. We need to balance the rightful approach of taxing the unexpected profits of these companies while ensuring that we have investment incentives in place that protect UK jobs and UK energy security.
Lord McLoughlin (Con)
Does my noble friend have any figures for the amount of money when profits are made that goes into pension funds and therefore to people who are earning pensions?
Working from Home
Debate between Lord McLoughlin and Baroness Penn
Baroness Penn (Con)
There are couple of points in the noble Baroness’s question. We have seen a positive impact overall on those with caring responsibilities, with the increase in hybrid working and more opportunities for them to stay connected to the workplace. But she also mentioned domestic violence, which was another issue during the pandemic. We saw that it was important for people to have the option to come into the office as a safe space for them to work, because home is not always a safe space for everyone, sadly.
Lord McLoughlin (Con)
My Lords, will the Government bear in mind the many people who do not have the opportunity to work from home? Those who work in the National Health Service and on the front line in the police service, along with many other public sector workers, do not have the opportunity to work from home. There must not be a division between those who have to attend work and those who do not.
Baroness Penn (Con)
My noble friend makes a very important point. It is incumbent on all of us to see life through not just our own experience but that of others. As I said, at the moment the majority of people do not work from home at all, and we need to understand that too.
Chelsea Football Club
Debate between Lord McLoughlin and Baroness Penn
Baroness Penn (Con)
My Lords, the noble Lord is correct that the primary recommendation of the fan-led review is clear and is one that the Government endorse in principle. Football requires a strong independent regulator to secure the future of our national game. We are working at pace to provide the full formal government response to that review in the coming weeks.
Lord McLoughlin (Con)
My Lords, the position that Chelsea is facing at the moment is not the only situation that football is facing. There is also the case against Derby County. I join those colleagues saying that implementation of the Tracey Crouch report should be taken forward. The Queen’s Speech is coming up shortly and this would be a very good opportunity to make sure that this issue is properly addressed.
Baroness Penn (Con)
My noble friend will know very well that I cannot prejudge any content of a future Queen’s Speech. All I can say to my noble friend—and to reassure noble Lords across the House—is that the Government are working at pace to determine the most effective way to deliver an independent regulator and any powers it might need. We will also consider the full recommendations of the excellent Tracey Crouch review.