(10 years, 5 months ago)
Commons ChamberAll organisations that run a pension scheme have to live in the real world. I am sure that the leadership of the PCS will take pleasure in the fact that its members in the civil service continue to enjoy a pension scheme that is significantly better than the one that the PCS offers to its own staff.
T6. There is huge concern about the Government’s proposals to sell or part-privatise the Land Registry, putting 400 civil service jobs in Durham at risk. It works and even turns a profit for the Treasury. Why fix what is not broken? Has the Minister discussed this with his Department for Business, Innovation and Skills colleagues, and if not, why not?
I have indeed discussed this with my colleagues in BIS. I do not take the gloomy view that the hon. Lady takes, that any involvement of the private sector means that the Land Registry will be less effective or have less opportunity to grow. A lot of what the Land Registry does is excellent, and there is a real opportunity for it to grow. If that involves bringing in a private sector partner, or private sector capital of one form or another, I hope that she would support that.