(6 years, 4 months ago)
Commons ChamberThere used to be those who said it is not possible to have protection for minimum-wage workers and lots of jobs. How wrong they are! Today, thanks to a Conservative Government since 2010, we have record employment, and a full-time worker on the minimum wage is now £3,800 better off thanks to the wage legislation we passed and changes to the income tax personal allowance. Since 2015, we have doubled the budget for enforcing the national minimum wage, and last year we identified a record 15.6 million workers who were not being paid properly for low-paid work.
That is an excellent point, and it is quite right that small employers who may struggle with some of this are encouraged to do so. We have taken up to £3,000 off their national insurance contributions bill through the employment allowance. We have cut corporation tax from 28% in 2010 to 19% today, and we reduced business rates to the tune of £2.3 billion in the 2017 Budget. All that is going into small employers’ cash flows, so they can pay their workers what they deserve.
The latest figures show that weekly wages in Mansfield are notably—several hundred pounds a week—lower than the national average. Projects such as the Heathrow logistics hub could provide huge opportunities for my constituents, but what support are the Government offering to help low-wage areas such as Mansfield and Warsop attract such high-skill and well-paid jobs?
I commend my hon. Friend for fighting tirelessly for his constituents. I basically reassure him that, through the industrial strategy—it, of course, sets out our long-term plan to boost productivity and earning power across the country—we are supporting the development of local industrial strategies to drive up productivity, because productivity increases are what drive pay increases.