Lord Naseby
Main Page: Lord Naseby (Conservative - Life peer)(10 years, 9 months ago)
Lords ChamberMy Lords, does my noble friend agree that surely the first priority is to ensure that the minimum wage level is properly implemented across the whole United Kingdom; and that, secondly, the threshold at which anybody in this country pays tax should rise? It is to the credit of Her Majesty’s Government that the Chancellor has enabled that level to be raised in each of the last few budgets. On top of that, does my noble friend recognise that the dreadful situation that we inherited from the Labour Government—
Noble Lords can say what they like over there. We were told by one of their senior Ministers that the cupboard was bare. It is only my right honourable friend the Chancellor’s policies that have ensured we get the growth that we are beginning to get now. As I understand it from my noble friend—
No, I am sorry; you have to listen to this. As I understand it, my noble friend is quite clear: the benefits of the growth that we establish will be for all sections of society.
My noble friend has made some strong and passionate points and I agree with the gist. However, I should say that our key policy is to support the low-paid through the national minimum wage. It is set at a level that helps as many low-paid workers as possible, but without damaging their employment prospects. My right honourable friend Vince Cable has asked the Low Pay Commission to look at what economic conditions would be needed to allow the national minimum wage to rise in the future by more than current conditions allow, without having an adverse impact on jobs.