Oral Answers to Questions Debate
Full Debate: Read Full DebateHarriett Baldwin
Main Page: Harriett Baldwin (Conservative - West Worcestershire)Department Debates - View all Harriett Baldwin's debates with the Department for Business and Trade
(3 weeks, 1 day ago)
Commons ChamberThe Employment Rights Act is one of the reasons given by one in eight business leaders for considering leaving Britain. Indeed, 30% of the Sunday Times rich list have already fled this high-tax socialist Government. The family business tax is another. Will the Minister please lobby the Chancellor for another U-turn, this time to adopt our policy of scrapping the family business tax?
Kate Dearden
This Government are absolutely clear that economic growth is a top priority. We are also absolutely clear that we cannot build the foundation for a strong economy with people in insecure work. That is why this legislation is so important, and we were proud to bring it forward. We are also proud to work with businesses across the country on it, and with our trade union and other partners across the country, working together so that we can build an economy that works for working people, reverse the damage that the hon. Lady’s party did in government and make sure that the economy works in the interests of everybody.
I will carry on with the same theme, because it is clear from all sides that there are real issues with the element of the steel strategy that imposes a 50% tariff on 1 July. It is affecting manufacturing businesses up and down this country, and it is being done in a way that not only threatens manufacturing jobs, but increases inflationary pressures. Can the Minister tell the House what impact assessment he has done on the effect of these measures on inflation and on jobs?
Chris McDonald
I reiterate the point that the action that the Government have taken has been to correct an issue in the market. We have taken wide representation. In fact, we amended the list as a result of some of that representation. The shadow Minister’s point about inflation goes exactly back to the point that I made earlier. This country cannot be in a position where we say that we are prepared to buy the cheapest thing, wherever it is made in the world, to the sacrifice of our own industry. We cannot allow foreign Governments’ industrial policies to drive our own industrial policy. That is why we have taken this action—similar action to that taken by the EU. It comes down to a question of whose side are you on. Are you on the side of British industry, like the Government, or are you on the side of overseas industry? That seems to be the case being prosecuted by the Opposition.