(5 years, 1 month ago)
Commons ChamberIt has been a difficult time for all those affected whether they were customers on holiday, customers who had paid for a holiday but not yet taken it, or employees and those in the supply chain. The Government have sought to tackle all those issues as far as we are able to do so. The hon. Gentleman will be aware that the ATOL scheme is designed to provide refunds and repatriation costs that arise from a failure of a company such as Thomas Cook. Many of those who have suffered financial loss will be able to claim through ATOL or, indeed, through a credit card provider if their holiday has not yet been taken.
I thank the Secretary of State for her personal energy, commitment and skill in chairing the Government taskforce on the collapse of Thomas Cook. I agree with both Front-Bench spokespeople that the directors did not comport themselves well before, during or after the collapse. With 2.8 million passengers taken out of the equation at Manchester airport, with the huge repatriation event, and with employees still employed on temporary contracts trying to close the company, will she join me in thanking the workers who remain after losing their jobs and the trade union reps at Unite and the Transport Salaried Staffs Association, who have worked so hard to represent them so ably?
I thank the hon. Gentleman for his contribution to the taskforce and join him in thanking all those who have played their part. People from right across Government, from trade unions and from local enterprise partnerships and so on have all sought to find new work. The Department for Work and Pensions rapid action taskforce has been helping people write CVs, and there has been mental health support and so on. It is a great shame and a huge pity to see this long-standing brand collapse, but I am sure we are all glad that its name will survive perhaps as an online travel company. I join the hon. Gentleman in wishing our very best to all those who lost their jobs in finding new work in a similar sector.
(6 years, 6 months ago)
Commons ChamberI totally sympathise with my hon. Friend, and it is a huge shame to see shops standing empty on our high streets. Owners of empty shops normally pay rates when those shops have been vacant for three months, which provides a clear incentive for owners to bring those shops back into use quickly. However, in recognition of the particular challenges faced by owners of listed buildings, currently no rates are payable on empty listed buildings. I strongly encourage my hon. Friend to raise this important issue directly during questions to Housing, Communities and Local Government Ministers on Monday.
As the home of Manchester airport, my constituency is one of the most visited in the north of England. However, many of my constituents suffer the menace of unlicensed airport parking operators who use the streets outside their homes. Will the Government provide a statement on the measures they are taking to tackle rogue meet-and-greet airport parking companies?
That genuinely sounds like an appalling issue, although I was not aware of it previously. I can well imagine that if someone hands over their car in good faith while they go on holiday, and they get it back vandalised or damaged in some way, or illegally parked, that is pretty horrible. I encourage the hon. Gentleman to seek an Adjournment debate so that he can take the issue up with Ministers and see what more can be done.
(10 years, 3 months ago)
Commons Chamber13. What recent assessment he has made of the level of bank lending to businesses since May 2010.
Net bank lending to business in the UK fell sharply following the financial crisis. The Government have acted decisively to stimulate lending, introducing schemes such as funding for lending and the British business bank. Against that backdrop, the picture has now begun to improve and the most recent figures from the Bank of England show that gross lending to small businesses has increased steadily since 2012.
Those were not the figures released last week, which show that net lending to small businesses in Britain fell by £435 million between April and June. That followed a decline of £720 million in the first quarter. Two years on, has not the funding for lending scheme failed Britain’s small businesses?
No. The hon. Gentleman is completely wrong. The funding for lending scheme has undoubtedly made more credit available than would otherwise have been the case. As I have said, gross lending to businesses has improved and the Federation of Small Businesses has said that the outlook for small and medium-sized enterprises is now better than it has been before. I remind the hon. Gentleman that the peak-to-trough drop in GDP between 2008 and 2009 was 7.2%. That is the cause of the disastrous drop in the availability of bank funding to businesses in this country.