(9 months, 3 weeks ago)
Commons ChamberI am grateful to the right hon. Gentleman for his support for the programme. There are around 14,000 licensed medicines, the vast majority of which are in good supply. The Department works very closely with the sector on finding alternatives and sourcing supplies of medicines, and most of the time we are able to meet the demand. Occasionally there are challenges, but that does not change in any way the ability of community pharmacists to be the expert medicine suppliers that they are, and to meet the need that members of the general public have for treatment and advice.
I warmly welcome the statement. This initiative has the potential to transform primary care and access to treatment, but does the Minister agree that to realise its full potential, we need to invest in new technology—she mentioned digitalisation—to make sure that community pharmacies are set up to take advantage of these new opportunities? We also need to invest in the pharmacy workforce as part of the Government’s long-term workforce plan, so that those in alternative roles within pharmacies, such as pharmacy technicians, have the capacity to take the opportunities she has outlined.
My hon. Friend is absolutely right. Investing in technology is vital, but so is investing in the workforce. We have seen a 61% increase in the number of registered community pharmacists since 2010, and we aim in our long-term NHS workforce plan to increase that by a further 50%. We have already increased the number of training places for both pharmacists and pharmacy technicians.
(5 years, 10 months ago)
Commons ChamberThe hon. Gentleman raises a very important point. Spain is a key ally. They are a very strong democracy and it is right that they, as they do, abide by their own laws at all times. Nevertheless, the hon. Gentleman raises an important point. He may well wish to seek an Adjournment debate, or to ask a question at Foreign and Commonwealth Affairs questions on 22 January.
May we have a statement from the Ministry of Housing, Communities and Local Government about ongoing issues to do with conduct by some members of Sandwell Metropolitan Borough Council? Following my Adjournment debate on Sandwell last year, many issues are still outstanding in respect of the standards and conduct of some councillors within that authority. Only last weekend, The Times reported an email exchange between the leader of the council and West Midlands police, where Councillor Steve Eling called for the immediate arrest of a blogger who had criticised him and the council and stated that, if that individual was not arrested, the police would be in contempt and it would be a matter for the Home Secretary. Will the Leader of the House find time for a Minister from the Department to come to the House to explain what the Government will do to help my constituents in Rowley Regis understand what is going on within Sandwell Council?
My hon. Friend raises what sounds like a very concerning situation. I would strongly encourage him to seek a further Adjournment debate, so that he can debate it directly with Ministers, or perhaps seek to see one of the Ministers in the Department to raise these very specific issues directly.
(9 years, 8 months ago)
Commons ChamberI will not take another intervention on that point because I have explained it twice and would like to move on.
The cap remains fundamentally flawed, so we are looking at other ways to ensure that there is accountability. We do, however, fear that fixed pay is going up and there is some evidence of that. Last November, the Chancellor wrote to the Governor of the Bank of England to ask him to encourage this work in his role as chairman of the Financial Stability Board. Such methods at a global level might include standards that ensure that non-bonus or fixed pay is also put at risk, maximising clawback or paying senior staff in performance-related bonds. Any such solution must be international in nature to be effective. That is why we are pushing the Financial Stability Board, which is uniquely well placed, to pursue these issues with urgency.
I welcome all the action that the Government have taken to clamp down on excessive banking bonuses, but it is not the case that, as my hon. Friend said earlier, more than 2 million people are employed in the financial services industry in Britain, and not all of them are millionaires? It is important that we take into account the fact that there are people in the banking sector on relatively low pay. Not every banker is earning £1 million or more a year.
I am glad that my hon. Friend has raised that point, and I am happy to reiterate my remark that the financial services sector employs up to 2 million in this country, most of them outside the City and many of them doing regular jobs in banks and call centres, or even in places such as a new dealing room that has been set up outside Birmingham, which I recently had the pleasure of visiting. All those people are as mortified as the rest of us at the behaviour of a few, so it is always important to remember that we are talking about the behaviour of a few, not of the many.
The third thing that the Government have done is to improve the accountability of bankers. I hope hon. Members will agree that the vast majority of people in the financial sector are decent people who have played by the rules and just want to get on with providing a valued and trusted service to their customers. We must have high standards in banking, because that is what will help the UK to continue to thrive as a leading and trusted financial centre. The sector remains a huge asset to the British economy, contributing almost an eighth of the total tax receipts and giving us a trade surplus of £16 billion last year.
Banking oils the wheels of the economy, helps our businesses grow, fosters investment and boosts aspiration. When bankers get it right, it is a driver of this country’s growth. When they get it wrong, the damage is consequentially enormous, because it threatens the livelihood of millions of people in this country, as we saw during the financial crisis.
The public will want to know that this Government have made reckless misconduct leading to bank failure a criminal offence, and overseen banks being fined heavily for their worst excesses. There have been £450 million of fines for the disgraceful rigging of LIBOR and £1.1 billion of fines for the manipulation of foreign exchange rates—disgusting and unacceptable behaviour. I know that all Members will be reassured to know that the Serious Fraud Office has opened investigations into a number of individuals in relation to the manipulation of LIBOR and forex. Of course, many firms have sacked and dismissed staff found guilty as part of their own internal investigations.