(3 years, 9 months ago)
Commons ChamberA majority of those working in the public sector will see an increase in their pay this forthcoming year as a result of our pay policy. Importantly, those earning less than the median UK salary will receive a £250 increase in their pay, because we want to protect those on the lowest incomes. Even at a difficult time, that is what this Government are committed to doing.
(4 years ago)
Commons ChamberThe case has been settled in the courts and there is not much further I can add, but today we have announced an uplift of 2.5% for 12 million pensioners on the state pension, which I know will make a difference to many.
I am sure the Chancellor shares my vision that Milton Keynes and the wider Thames valley can be the silicon valley of Europe. We know that 88% of UK companies are currently experiencing a lack of digital skills, and that this is costing our economy £63 billion a year. May I therefore ask whether the proposal for a brand new STEM-focused science and digital technology university in Milton Keynes would be eligible to apply for funding from the new £4 billion pot for levelling up?
We will publish further details on how the levelling-up fund will work in due course. It is for those smaller, deliverable, everyday infrastructure projects that I have talked about. My hon. Friend is absolutely right to champion technology, innovation and digital adoption by small and medium-sized enterprises. He will be pleased to know that the spending review confirms just over £50 million to support the Department for Business, Energy and Industrial Strategy to deliver productivity-enhancing programmes for SMEs. I think that one of those does involve the use of digital technology, in which the UK lags behind its peers.
(4 years, 5 months ago)
Commons ChamberThe Local Government Secretary addressed that issue just last week and unveiled a comprehensive agreement with local government to provide loss sharing on income that has been forgone during this crisis.
Milton Keynes has a significant consumption economy, and our hospitality sector has been particularly hard hit in this global pandemic, not just in central Milton Keynes but in our market towns and, indeed, in our rural pubs. Will my right hon. Friend join me in encouraging everybody in Milton Keynes—in fact, anybody who can travel to our wonderful Milton Keynes and market towns—to eat out to help out?
My hon. Friend knows well, and he has seen first-hand, what a great job his local businesses have done in ensuring that their premises are safe for us to return to. They have made an enormous effort to be able to welcome us back. With our new eat out to help out discount, we can all play our part in helping to support their businesses and to protect those jobs.
(4 years, 7 months ago)
Commons ChamberI thank the hon. Lady for her warm wishes as well. To clarify, there will be no reduction in the level of support for those on the scheme. That is the commitment that I made earlier, so I am not entirely sure whether I understood her question right. It is crystal clear that those on the scheme have the reassurance that the level of support they will receive will not be changed. Those wages and support will now be shared by the Government and employers, but the levels and percentages of support will not change. I committed to bringing forward further details by the end of this month, while we work through some of the technical details of implementing part-time furloughing. As I said at the outset, this is now an extension for four months to the end of October, which will provide eight months of support in total to all regions and all sectors of the United Kingdom. I think it provides a good, generous runway for businesses and firms to plan against, so that they can start getting back to work when the time is right, as per the Prime Minister’s plan that was outlined on Sunday and Monday.
We know that international comparisons should be made carefully, but I note that polling released yesterday showed that the UK is considered the best in the world for supporting businesses and jobs during the crisis, so what steps is the Chancellor taking to ensure that this success is continued for companies in Milton Keynes and elsewhere as we gradually come out of the lockdown?
I thank my hon. Friend for mentioning that. He is indeed right. I was pleased to see polling that showed that people in this country felt that businesses were well supported, as compared with almost any other developed country. Indeed, the full scale of the economic intervention that we have put in place as a percentage of GDP stands as one of the most comprehensive anywhere in the world. I am very happy to continue listening to my hon. Friend to see what more we should be doing to support his businesses in Milton Keynes as they look forward to a future where they can start to reopen, start to get their employees back to work and start to rebuild our economy as we emerge from this crisis.