(8 years, 9 months ago)
Commons ChamberThe hon. Lady will know that there are measures in the Welfare Reform and Work Bill, and they are in conjunction with the many discussions that we have with stakeholders, and we take on board all considerations. That is exactly what the Department will do in its dialogue with third-party organisations.
7. What recent meetings she has had with women who have been affected by changes to the retirement age; and if she will make a statement.
We all know that women are affected by changes to the retirement age, and Ministers and their officials have met and corresponded with hundreds of women about pensions reform. The changes have been subject to many recent parliamentary debates, and the Government’s position has been made clear.
Indeed the Government’s position has been made clear, and they are cloth-eared in listening to women who are affected by these pension changes. If the Minister had been present yesterday in the debate on providing transitional protection for women affected by the pensions changes, she would have heard Conservative Members—indeed, Members from every party in the House—cite individual women who have been degraded and impoverished by these changes. When will the Government begin to listen to them?
I did listen to that debate, while I was also in another debate in Westminster Hall. Let us be clear: the Government have listened to extensive concerns that have been raised in the House, and concessions worth more than £1 billion were introduced to lessen the impact of the changes for those worst affected. The previous Government introduced future changes to the state pension age for women and men, following extensive debates in both Houses of Parliament. Importantly, the Government have made difficult but necessary decisions when it comes to speeding up the timetable for the equalisation of the pension age.
(12 years, 1 month ago)
Commons ChamberThe Davies commission has a role. When considering the future of APD, we must remember where we stand internationally in terms of competitiveness. Britain is in a global race, and competing in a global environment that is tougher and more competitive than ever before. Foreign businesses, which can bring much needed investment to our economy, can relocate to other countries. Our competitors in Europe and throughout the world are all too ready to recognise that. Prior to being elected to the House, I saw how our competitors were on standby to welcome new investment, particularly from emerging markets.
Businesses in Slough tell me that they have invested in the town I represent because of its proximity to Heathrow. Some international companies are thinking of disinvesting because of the insecurity of Heathrow’s future. That is a classic example of the importance of airports to inward investment in the UK, and particularly the importance of what used to be the premier airport in Europe.
The hon. Lady makes a valid point. I have no doubt that right hon. and hon. Members recognise the global trends and the direction of travel when they see the rise of super-hubs and big business destinations, such as Singapore, Dubai and Mumbai. There is certainty around their aviation and economic strategies, and we are competing against many big international centres. We must remain competitive to survive. Tax rates that are higher than those in other economic centres put businesses off when they are making investment choices and decisions. Attracting foreign direct investment is an essential component of the Government’s plan for growth, and current APD rates are a barrier to foreign investors who are looking to expand into the UK.