Oral Answers to Questions

Alex Chalk Excerpts

Thursday 15th November 2018 Commons Chamber

[Dr Fox]

One of the demands of the business community during the consultation was to give them better online communities so that they can speak to one another. We discovered that businesses did not necessarily want to talk to Government advisers, but wanted much more to speak to those who had faced similar business challenges and to ask how they had overcome them. That is under way, and we have recruited more staff to make that happen.

[Alex Chalk (Cheltenham) (Con)]

2. What recent assessment he has made of trends in the level of foreign direct investment.

[The Parliamentary Under-Secretary of State for International Trade (Graham Stuart)]

The UK, I am pleased to say, remains the No. 1 destination in Europe for foreign direct investment. We have recently published analyses of the positive economic impact of FDI, which show the benefits of investment to the UK and how the Department is delivering national wealth by attracting investors to our key industries.

[Alex Chalk]

Foreign direct investment in the UK has been directly responsible for more than half a million jobs since 2010, including hundreds in my constituency. Whatever the shape of future trade policy, will the Minister assure me that, building on that figure, increasing our attractiveness to foreign direct investment remains a priority for this Government?

[Graham Stuart]

My hon. Friend is absolutely right—it is a priority of this Government to create even more high-paying jobs by making the UK the most business-friendly market in the world. The Labour party’s promise to seize the assets of foreign pension funds invested in the UK threatens our prosperity and the retirement of those around the world who have put their confidence in Britain.

--- Later in debate ---

[Victoria Atkins]

The hon. Lady has raised an extremely important point. There have been more refuge places since 2010 under this Government, and in the summer we reconfirmed the funding arrangements for refuges. When I visit refuges, which are incredibly important places for women who need to flee very dangerous situations, what I hear from those women is that they would like to have that support at an earlier stage so that they do not have to be the ones who leave—so that he leaves, rather than her—and we are working on that as well.

[Alex Chalk (Cheltenham) (Con)]

5. What progress the Government have made on reducing the gender pay gap.

[The Minister for Women (Victoria Atkins)]

It’s me again!

It is encouraging that the national gender pay gap is at its narrowest ever, but it will take time and action by employers if we are to close it entirely. I am thrilled that more than 10,000 employers reported their gender pay gaps this year, but that is just the first step. We are now working with employers to help them to understand their gender pay gaps and what plans they could make to close them.

[Alex Chalk]

Sunlight is the best disinfectant. Does my hon. Friend agree that not just 10,000 employers but 100% of all eligible employers have reported their data and that that provides a baseline on which future progress can be measured and recorded?

[Victoria Atkins]

I am extremely grateful to my hon. Friend, who is a committed feminist on this subject. Interestingly, not only have more than 10,000 businesses had to have this conversation about how they treat women in their workplace, but we know it is having a trickle-down effect on employers who do not necessarily meet the threshold. I know from the conversations that I have had with business leaders that they understand: the will is there for them to change. They want to do so, and they want to do so in partnership with us in government.