(1 year ago)
Commons ChamberLet me gently remind the hon. Gentleman that business investment has grown by more since 2010 than it grew under the Labour Government; we have the second highest growth in the G7, with ours faster than any country’s except America.
The unionised manufacturing base of my constituency has long been diminished, having been replaced not by technology, innovation and good decent, modern jobs, but by fast fashion, sweatshops and unscrupulous employers. This is all exploited by brands like Boohoo and retailers who are in a race to the bottom for ever-increasing profits, all while their supply chains fail to pay the minimum wage. What action will be taken to regulate to ensure that brands and retailers are held to account for the sustainable outcomes of their products in their supply chains and for wage justice for the people who make their goods? What action will be taken to tackle those British brands and retailers who threaten to seek cheaper labour overseas in order to avoid paying the new minimum wage that the Chancellor has just announced?
If the hon. Lady has any examples of people not paying the national living wage who are legally obliged to do so, she should tell the authorities and we will sort it out. I just say to her that we have just overtaken France to become the eighth largest manufacturer in the world. We are making progress in the right direction, and the measures announced today will mean that we go even further.