Oral Answers to Questions
Debate between Bell Ribeiro-Addy and Sarah Jones(1 month, 3 weeks ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Bell Ribeiro-Addy (Clapham and Brixton Hill) (Lab)
The Minister for Industry (Sarah Jones)
In little more than 100 days in government, this Department and its Secretary of State, who is flying to Doha today, have set about delivering on the promises made in our manifesto. We have turned up the dial on growth and published our Green Paper on the modern industrial strategy, which will channel support to key sectors, work across our nations and regions with the private sector, and deliver the conditions for investment and good jobs. We have delivered a huge vote of confidence in the UK by securing £63 billion of investment at our international investment summit, boosted by investment ploughing into our aerospace, automotive and life sciences sectors, as announced in yesterday’s Budget. We have also kept our promises by publishing the Employment Rights Bill, which represents the biggest upgrade in workers’ rights in a generation. We are a pro-innovation, pro-worker and pro-wealth creation Government, and are investing all our time in growing the economy for the long term and turning round 14 years of failure.
Bell Ribeiro-Addy
A four-day week with no loss of pay has proven to have benefits for employers and employees alike, and a recent report by the Autonomy Institute and Alda suggests that it can have a hugely positive impact on the economy. The report concludes that Iceland’s economy has outperformed most of Europe since adopting a shorter working week, and now has one of the lowest unemployment rates. With even more UK businesses beginning a four-day week trial on Monday as part of the 4 Day Week Campaign’s autumn pilot, what assessment has the Department made of the Icelandic report and of the potential impact that a four-day week could have on UK businesses and our economy?
Sarah Jones
The Government have no plans to undertake any trials on a four-day week for five days of pay. It is for employers and employees to reach agreements that fit their specific circumstances, but we want to get the balance right and make sure that we work with employers and employees. That is why the Employment Rights Bill will support both parties to reach agreements, where they are feasible.