King’s Speech

Lord Woodley Excerpts

Monday 13th November 2023 Lords Chamber

[Lord Woodley (Lab)]

My Lords, I never thought I would agree with a contribution of the noble Lord, Lord Forsyth, but I do.

This was a deeply disappointing King’s Speech—the first, and quite possibly the last, by this lame-duck illegitimate Prime Minister. There was no mention of an employment Bill, promised in the 2019 gracious Speech and over 20 times since by Ministers but now forgotten. Instead, we are going backwards on workers’ rights, with new strike-busting laws to be in place by Christmas.

I remind noble Lords that, at the last election, the party opposite promised to raise standards in employment rights and make Britain the very best place to work in Europe. But rather than raising standards, the Government have undermined workers’ rights, notwithstanding the valiant efforts from across all sides of your Lordships’ House during the passage of the retained EU law Act—efforts which saved us from falling off a legislative cliff edge at the end of this year. I say well done to noble Lords.

We fought hard in this House, but we were not strong enough to stop the Government lifting the ban on using agency staff to break strike action. Thankfully, the High Court agreed with noble Lords and quashed these changes. It is a shame that Ministers did not listen to this House, saving themselves the embarrassment of acting unlawfully, not to mention the public money that was wasted. But it is the anti-strikes Act—that is what it should be called—that now threatens to throw Britain into major industrial unrest. This pernicious legislation, which this House fought so hard against, could see millions of workers lose the most basic industrial right of all—the right to withdraw their own labour—with workers forced to cross their own picket lines and their trade unions legally obliged to enforce this. This is nothing short of scandalous, and the Government have not wasted any time, with new legislation soon set to make it impossible for rail, ambulance and border staff to take any kind of effective strike action.

As I said, this Government won power promising to improve employment rights, but they have done the opposite: they have broken promises to raise standards, with new attacks on workers’ rights and industrial unrest around the corner. These are the problems that the Government will leave Labour to fix. I am proud to be in a party that has pledged to clear up this mess in the first 100 days of government and to introduce day 1 rights at work, to repeal the draconian anti-trade union laws and to ban fire and rehire.

In this House, we have been on the right side of history time and again, standing up for workers and against government abuse of democratic processes. I urge Ministers to listen to this House and end their vendetta against trade unions; to keep their promises and improve employment rights, not weaken them; and to stand up for workers during this cost of living catastrophe, not knock them down by undermining their last line of defence. When the first worker is sacked—there will be one—for refusing to cross a picket line, whether on the railways, in our NHS or on our borders, this will spark a furious reaction from across the trade union movement and beyond. I urge the Government to rethink their reckless strategy and not to start an unnecessary war against their own workers. Let us encourage growth and productivity.

Energy Profits Levy

Lord Woodley Excerpts

Tuesday 9th May 2023 Lords Chamber

[Baroness Penn (Con)]

I welcome the noble Lord to the Front Bench. He referred to figures that are the global profits of companies. As I have said to his noble friend, the UK applies its windfall tax to UK profits, and I think that is the Labour proposal also. Abolishing the investment allowance would be counter-productive. As I have said, the UK is still reliant on gas for its energy supply. Reducing incentives to invest would lead to investors pulling out of the UK, damaging the economy, causing job losses and leading to lower future tax revenue—tax revenue that we have used to put in place unprecedented cost of living support to families, which is still going out to households at the moment, so that those who are worried about their bills who are on low incomes and means-tested benefits can look forward to more support coming from the Government over the next year.

[Lord Woodley (Lab)]

My Lords, while I am delighted that the Government took Labour’s advice to introduce the windfall tax that has been mentioned, there is no doubt that what is happening now, with the profiteering coming from these energy giants, is insufficient and is just not working. In fact, I would go as far as to say that it is almost peanuts when you look at the profits that were announced last week. So when will the Government fight back against “greedflation” and bring in a windfall tax with real teeth in it—something similar to what is happening across the rest of Europe at the moment?

[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.

Energy Profits Levy

Lord Woodley Excerpts

Tuesday 7th February 2023 Lords Chamber

[Baroness Penn (Con)]

The Government regularly engage with all sectors on their net-zero targets. When it comes to the oil and gas sectors specifically, the changes that we made at the Autumn Statement increased the level of tax relief for decarbonisation of the production of oil and gas better to incentivise companies to take more action in that area.

[Lord Woodley (Lab)]

My Lords, my union, Unite, has shown that corporate profiteering is responsible for massively fuelling inflation, unlike public sector pay rises, which in my opinion are not inflationary. Powerful corporations such as Shell are creaming in the profits, and everyone can see that it has now become obscene, driving prices ever higher and causing millions to suffer and go hungry. It is not acceptable. Why are the Government so unwilling to rein in corporate profiteering and instead are choosing to punish poorly paid public sector workers?

[Baroness Penn (Con)]

I just point out to the noble Lord that we have introduced the energy profits levy. That charges tax at a headline rate of 75% on those companies, and we expect to raise up to £80 billion in taxes from the North Sea overall in coming years.