(12 years, 5 months ago)
Commons ChamberT9. Last year we lost the most working days to strikes in 20 years, and since the last election union leaders have never won the backing of a majority of their members for any major strike. Will my right hon. Friend task the Office for Budget Responsibility to provide annual estimates of the cost to the economy of strikes and of the concessions, paid for by taxpayers, to avoid them?
I am not sure that the hon. Gentleman’s suggested idea would be an appropriate task for the Office for Budget Responsibility to undertake, but he is right that strike action is costly to the economy. He would also be right to observe that it has not stopped this Government proceeding with the reform of public service pensions, and with pay restraint in the public sector, too, to help deal with the enormous mess left to us by the Labour party.
(13 years ago)
Commons ChamberThe cost ceiling under these changes will be 8% higher than the previous cost ceiling we set out.
(13 years, 1 month ago)
Ministerial CorrectionsTo ask the Chancellor of the Exchequer what estimate he has made of the level of financial liability for public sector pensions.
[Official Report, 18 July 2011, Vol. 531, c. 540W.]
Letter of correction from Danny Alexander:
An error has been identified in the written answer given to the hon. Member for Esher and Walton (Mr Raab) on 18 July 2011.
The full answer given was as follows:
The latest estimate of the total public service pension net liability is £1,133 million, as disclosed in the unaudited summary report of the Whole of Governments Accounts for the year end 31 March 2010 published on 13 July 2011.
The correct answer should have been:
(13 years, 11 months ago)
Commons ChamberI think that the hon. Lady was trying to get every subject into one question before Christmas. I do not accept the analysis that she offers. She should study more carefully the analysis in the spending review, which took into account the impact of taxation, spending reductions and welfare changes. It showed that as a share of people’s income, and taking account of benefits in kind from the state, people in the wealthiest quintile make a greater contribution to deficit reduction than the poorest. That is in keeping with the Government’s stated ambition of carrying through the unavoidable deficit reduction plan, which is necessary because of the mess that the previous Government left, in a way that is fair and supports economic growth.
12. What plans he has to implement the recommendations of the Dyson report on new technology.