Pension Schemes Bill

Debate between Cameron Thomas and Steve Darling

Report stage
Wednesday 3rd December 2025 Commons Chamber

[Steve Darling]

It is almost as if my hon. Friend had just seen the next section of my speech. We see such investment as an opportunity to drive social rented housing, our high streets and other investment in our communities. We need to ensure that UK institutions are the first, second and third investors in opportunities in the UK so that overseas investors see that we are backing ourselves and then pile in after us. That is essential.

We will vote against mandation. There is much to welcome in the Bill, but the devil is in the detail.

[Cameron Thomas (Tewkesbury) (LD)]

My hon. Friend speaks well about what is good in the Bill, but there is room for improvement. A number of my Gloucestershire constituents were employees of Gulf Oil before its merger with Chevron. Following the merger, they were moved on to the Chevron pension scheme. Between them, they have hundreds of years of service, but they are not protected against inflation, and over years of inflation, the value of their pensions has been eroded significantly. Does my hon. Friend agree that his new clause 7 is a genuine opportunity for pension justice—one that we hope the Labour Government support?

[Steve Darling]

I wholeheartedly agree with my hon. Friend. I am sure that the Pensions Minister is listening. Politics is all about calling out injustice, and my hon. Friend does a good job of that for his constituents.

Dedicated Schools Grant

Debate between Cameron Thomas and Steve Darling

Tuesday 6th May 2025 Westminster Hall

[Cameron Thomas]

I wholeheartedly agree, and will come to that point shortly. I hope my hon. Friend will pass on my empathy to her headteacher.

Our teachers are no longer simply expected to educate our children according to the curriculum. Governments and society continue to expect more and more of our already overburdened teachers. Increasingly, four-year-olds are being introduced to school non-verbal, unable to use cutlery, and sometimes wearing nappies—but those are just the headlines. Discipline, time management, self and social awareness, self and mutual respect, moral courage, honesty, work ethic, public service and charity are soft skills and attributes that should be introduced in the home and honed within society as well as at school. This Government, with honest intentions towards our children’s healthcare, now have teachers cleaning their pupils’ teeth—just one additional straw upon the camel’s back. It is no wonder that teaching assistant posts are vacated or lie empty when people can earn more working in the local supermarket.

I understand that fixing the education system will be complex and expensive, and that action must also take place beyond the scope of the Department for Education, but something that can be addressed now is a more equitable allocation of funding. This would go a long way to remedying the situation for many schools in Gloucestershire and elsewhere. The dedicated schools grant is the mechanism through which the Department funds local authorities, which in turn allocate their resources to the schools within their jurisdiction.

[Steve Darling (Torbay) (LD)]

One school in my constituency has a £100,000 bill due to the national insurance hike, which is resulting in redundancies. Does my hon. Friend agree that the national insurance hike is exacerbating the inequity that many schools face in our local communities?

[Cameron Thomas]

I entirely agree. I have long spoken out against the short-sightedness of the national insurance hike, and I will come back to the short-termism that I think it important this Government escape.

The dedicated schools grant is allocated according to the national funding formula, which is outdated and puts schools such as mine in Gloucestershire under increased pressure. Mainstream schools in the lowest-funded local authority receive £5,000 less per pupil per year than they do in the highest-funded authority.