Building Societies Act 1986 (Amendment) Bill

Jess Phillips Excerpts

Committee stage
Wednesday 7th February 2024 Public Bill Committees

[The Economic Secretary to the Treasury (Bim Afolami)]

It is a pleasure to speak to the Bill and, as always, to serve under your chairmanship, Mr Hosie. I congratulate the hon. Member for Sunderland Central on introducing it and on reaching Committee stage, which is no mean feat in this place for a private Member’s Bill.

It is clear from the hon. Member’s remarks that the Bill has the noble aim of supporting the future growth and success of the building society sector. As she said, it will do a lot for building societies, which have asked for this legislation—and the Government and the Treasury strongly support them. As my hon. Friend the Member for Mid Norfolk described, building societies are some of the best in the financial services sector for benefiting local connected communities, and that is the sort of activity we want to encourage.

The Bill will help by modernising legislation so that building societies can have more flexibility around their funding and certain corporate governance requirements. That delivers on the key asks from the sector. As the hon. Member for Sunderland Central said, it is rare that something gobbledegook can have a positive impact on people’s lives, but the technical amendments in the Bill—particularly around capital requirements, which I will explain briefly—will have a positive impact on the ability of building societies to contribute to their local communities in all our constituencies.

As member-owned financial institutions, the 42 building societies in this country work to support the financial resilience of communities throughout the length and breadth of the UK, because they encourage savings and responsible lending, and promote financial literacy and inclusion, which often gets lost. They also play a vital role in supporting their members to buy their own homes, and the hon. Member for Sunderland Central has spoken about the potential for the sector to further support first-time buyers. The Bill achieves all that by making provisions in three areas, which she has already set out, so I will give a shortened version.

First, the Bill amends section 7(3) of the 1986 Act. The year 1986 was a very—

[Jess Phillips (Birmingham, Yardley) (Lab)]

Were you born then?

[Bim Afolami]

I was. I just realised that it is almost 38 years later.

Autumn Statement

Jess Phillips Excerpts

Thursday 17th November 2022 Commons Chamber

[Jeremy Hunt]

I have talked to my hon. Friend on a number of occasions about the problems with Leicestershire County Council’s financial situation. What all councils say is that the biggest pressure on their budgets is adult social care, and I think today’s announcement will be welcomed by them for that reason. However, I am very aware of the particular issues in Leicestershire, and I am happy to keep engaging with him on them.

[Jess Phillips (Birmingham, Yardley) (Lab)]

On the NHS point, will the Chancellor expand on whether the increase is in real terms? I spent 17 hours on a hard chair with my father in A&E last week, and I have heard a lot of talk about how the vulnerable are going to be defended by this Government. To follow on from the point about Leicestershire County Council, the vast majority of vulnerable people’s funding—such as vulnerable women who are victims of domestic and sexual violence—comes from local authorities, from the Home Office budget and from the Justice budget. Every single one of those budgets has been squeezed today, so will the Chancellor guarantee that those vulnerable people, unlike my father, will actually be looked after, and that there is not a single cutback to an already dreadful service that leaves criminals on our streets and vulnerable people in danger?

[Jeremy Hunt]

The hon. Member speaks incredibly powerfully, and I hear every word she says—[Interruption.] I heard someone shouting, “12 years”. We have actually had the third fastest growth in the G7 over the last 12 years, and that means we are in a better position to fund public services than we would otherwise have been. I will take away what the hon. Member says, and I will write back to her.

Economic Update

Jess Phillips Excerpts

Monday 17th October 2022 Commons Chamber

[Jeremy Hunt]

My hon. Friend will be pleased to know that I have already had extensive discussions with my Treasury officials about the needs of energy-intensive industries and we are very well aware of those issues.

[Jess Phillips (Birmingham, Yardley) (Lab)]

I welcome the Chancellor to his place, but it seems quite baffling to me that everybody is giving him plaudits for all the work that he is doing—well done—when the thing that he is undoing is the Prime Minister’s Budget. It is as if the past four weeks have not happened, and I feel a tiny bit gaslit by that, I have to say. Why is he spending £2 billion a year on unfunded stamp duty cuts when he said today that he could not announce unfunded tax cuts? How will he pay for that?

[Jeremy Hunt]

The hon. Lady will find out in two weeks.

The Growth Plan

Jess Phillips Excerpts

Friday 23rd September 2022 Commons Chamber

[Kwasi Kwarteng]

I was very focused on small modular reactor production when I was BEIS Secretary, as my hon. Friend knows, and I want to bring the thinking about that into the heart of the Treasury. There are still negotiations to be had, but he is absolutely right that SMRs and nuclear are part of our energy mix in the future.

[Jess Phillips (Birmingham, Yardley) (Lab)]

Can the Chancellor just confirm for me that he has announced a tax cut that means someone earning £1 million will be £40,000 better off—more than a nurse earns, and £10,000 more than the average wage in Birmingham?

[Kwasi Kwarteng]

What I will confirm is that the top rate of tax has gone back to what it was before the hon. Lady entered the House, when the Labour party was successful and winning elections. That was the top rate for 20 years, and that is what we have gone back to.

Health and Social Care Levy

Jess Phillips Excerpts

1st reading
Wednesday 8th September 2021 Commons Chamber

[Paul Bristow]

I have given way twice, and I would like to continue because I want to make another important point.

This tax, this levy, needs to be accompanied by reform. The Health and Care Bill is in Committee, and it is really important. The way incentives are geared within the system is one reason we can power through elective waiting lists. We pay for care through a system of tariffs. I urge Ministers and others to think carefully about how we pay for elective procedures in our NHS, because any system of tariffs needs to ensure that hospitals are paid properly for carrying out procedures. There need to be proper incentives for hospitals to carry out hip, knee, cataract and hernia operations, which are the majority of the backlog, as well as treating cancer, heart conditions and everything else. If we are not able to find the right levers within our NHS system to ensure that we power through those elective procedures, we will not be able to solve some of the more serious operations at the end.

Innovation tariffs, for example, would also help by encouraging new ways of doing things. We cannot have a system where, financially, trusts and our NHS are not incentivised to do the things they need to do to be more productive. They should not pursue short-term financial measures when we really need incentives to make sure that they do the right thing.

I will be marching through the lobby to support the Government today, because this is really important.

[Jess Phillips (Birmingham, Yardley) (Lab)]

Will the hon. Gentleman give way?

[Paul Bristow]

I have given way a few times.

We must grasp the nettle of NHS reform, backed with finance so that our NHS staff have the bandwidth to deal with the needed reform. That bandwidth is capacity and money. If that does not happen, we will borrow more and spend more in the long term and this ever-lasting round of more staff, more money and more plans will go on and on.

I urge hon. Members to support the Government’s motion today.

--- Later in debate ---

[Dr Andrew Murrison (South West Wiltshire) (Con)]

May I congratulate the Government on dealing with unfinished business? Since 1948, we have pooled our risk for the management of the consequences of poor health except for things such as dementia and the general frailty that for some of us attends old age. This could be a historic moment in which we sort that out, and I will most certainly be enthusiastically supporting the Government tonight. It is grossly unfair that certain conditions should be excluded from our provision, and I am so hopeful that this will finally, after 70 years, complete the job begun by our predecessors.

I am disappointed that Labour Members should have taken the line they have, because I recall their doing something really rather similar in 2003 with national insurance contributions, presumably because Gordon Brown and Tony Blair at that time decided this broad-based tax was the fairest and most equitable way of dealing with this and, crucially, of raising significant amounts of money. We can debate whether the money was then well spent, and the statistics and figures suggest that that was not the case at least for the rest of that decade, and productivity in the NHS only started picking up in the following decade. Nevertheless, in raising sufficient funds for spending on something we all agree is vital, Gordon Brown and Tony Blair made the right call in 2003, and I find it dispiriting, saddening and disheartening that Opposition Front Benchers should on this occasion decide, for their own purposes, not to support it.

[Jess Phillips (Birmingham, Yardley) (Lab)]

I notice from the right hon. Member’s entry in the Register of Members’ Financial Interests that he makes income via rentals, as many people in this House do. Does he think it is fair that, in what has been presented to us today, rental income for landlords is completely not within the remit of any take for this levy, so there will be care workers in South West Wiltshire who are paying this on the income they make being care workers while it will not be paid by landlords with rental income?

[Dr Murrison]

I am grateful for that intervention, because additional rate taxpayers, who I think make up about 2% of taxpayers in this country, will be paying a fifth of the whole receipts for this measure and 14% of taxpayers will be providing half of it. That is progressive, which is presumably why Gordon Brown and Tony Blair, all those years ago, decided to levy this on national insurance. I am extremely grateful to the hon. Member for raising and underscoring that point.

However, I do have some concerns, as Ministers would expect me to have. One of those concerns was expressed by our right hon. Friend the Member for Rossendale and Darwen (Jake Berry), which is that this is a one-way tax, because there is no way that in the future we are ever going to attack a tax hypothecated to health and social care. In some eyes it represents a flawed tax, since as Conservatives we of course always want to remove as little money as possible from the pockets of all of our constituents.

There is also a traditional disconnect in healthcare between money in and services out. We found that in 2003, and the challenge for the Government today, which I am fully confident they are up for, is to turn the money they have announced yesterday and today into the output we so badly need, and which indeed is vital if we are to turn this around in two years’ time and use this money for social care.

There is some concern about the extent to which the money that has been announced for this will distort the social care market, and I would be interested in Ministers’ views on that. Will the industry load hotel costs, and will it front-load charges up to the £86,000 cap? How will that incentivise the domiciliary care market, which could turn out to be extremely positive? How will it affect the current 40% cross-subsidy from fee payers to local government-funded customers? How can it grow a vibrant insurance product market that will cover the delta—the £20,000 to £100,000 difference—and what will be done with actuaries and underwriters to that end?

Can I finish by saying that all of this depends on improving productivity in the national health service? It is a challenge that has evaded many over seven decades, but one that must be grasped if we are to complete this and ensure that we do indeed set the foundations—and I am confident we will—for proper social care. We need, for example, to drive down sickness absence, which is very high in the national health service. We need more service work to be done by professions allied to medicine. We need more artificial intelligence, data analysis and robotics. We need to crack down on variations in healthcare and to have zero tolerance for practitioners who diverge from it. We need to cut treatments and procedures of marginal benefit. We need early switching to generics. We must stop the revolving door between social care and the acute sector—something I am afraid the industry exploits to its advantage. Over time we must revisit the disastrous doctors’ contracts that I am afraid have meant, over the past several years, that people like me at the peak of our powers are retiring early or going part time, grossly reducing productivity in our national health service.

Economic Update

Jess Phillips Excerpts

Tuesday 17th March 2020 Commons Chamber

[Rishi Sunak]

That is an excellent point. My right hon. Friend the Secretary of State for Environment, Food and Rural Affairs is engaged in urgent talks with supermarkets to ensure the security of our food supply and to improve accessibility, particularly for those who may now be at home.

[Jess Phillips (Birmingham, Yardley) (Lab)]

I simply want to ask the Chancellor whether he could live on £94.25 per week. It is a simple question: has he ever lived on that, and could he live on that, because that is what most of my constituents are currently having to live on?

[Rishi Sunak]

We believe in a strong safety net during a short period so that people can get through this, which is why we have strengthened that safety net with £1 billion of extra investment to increase generosity and accessibility.

Draft Tax Credits, Child Benefit and Guardian’s Allowance Up-rating Regulations 2020

Jess Phillips Excerpts

Monday 9th March 2020 General Committees

[Jesse Norman]

I am very grateful to the hon. Member for Inverclyde and of course I understand the concerns that he has placed on the record. They do not bear directly on this uprating, which I think he will support, but he has made his position clear and it is well understood.

May I focus on the more substantive comments made by the hon. Member for Stalybridge and Hyde? He suggested that the original benefits freeze was politically motivated. Nothing could be further from the truth. The fact is that the economy had a very long period of recovery—I am pleased to say that it has recovered under this Government and their predecessors—and the view was taken that the whole of Government spending ought to be constrained. The reason for that was that between 1997 and 2010 welfare spending had risen by 65%—£84 billion in real terms—and unfortunately, combined with the mishandling of the financial sector that caused the damage from the crisis, when it took place, to be so bad, it cast a very long and quite painful shadow.

The hon. Gentleman mentioned food banks, but may I offer two or three reminders? One is that poverty, as I am sure he would agree—he is a very thoughtful man—is a complex issue. It is not just a matter of income; it is also a matter of costs, such as fuel costs and housing costs, and of childcare. The approach that the Government have taken in many cases is to pinpoint specific concerns—childcare being an obvious example. I am pleased to see that work is being done to assess whether the correct measure of poverty has been adopted, because there is a question not just about the level but about the composition. The Government are looking quite closely at that.

On food banks, let me simply point out that Germany, which on many accounts we would regard as having not merely a much richer Exchequer and more robust economic growth over the last few years—although not at the moment—than this country, and which has a more generous benefits system, has an escalating food bank problem that is every bit as bad as the one that we find in this country.

[Jess Phillips (Birmingham, Yardley) (Lab)]

Will the right hon. Gentleman give way?

[Jesse Norman]

Of course.

--- Later in debate ---

[Jesse Norman]

Thank you, Mr Pritchard. I am delighted to give way to the hon. Lady, who I know has views on these issues.

[Jess Phillips]

I do not know whether I have to declare an interest as somebody who, in the era that we are talking about, lived on tax credits. With regard to the Minister’s assertions about Germany as a comparator, does he think that the people who come to my office every single day to ask for food bank vouchers would get much comfort from hearing, “It’s worse in Germany”?

[Jesse Norman]

Of course not, but the point that I was making was that there is no simple link between income, poverty and food bank usage, and Germany is the example that gives the lie to that claim.

As for an assessment, legislation is of course given an impact assessment when it is introduced, and that is the case here as elsewhere. I remind the hon. Member for Stalybridge and Hyde that more than 700,000—I think it is 730,000—fewer children are living in workless households than were in 2010, and that there are more than 1 million fewer people in workless households overall? The Government’s focus on employment and the benefits of employment has delivered that achievement, which is a very important improvement not merely to economic wellbeing, but to people’s social and emotional wellbeing.

Question put and agreed to.

Spring Statement

Jess Phillips Excerpts

Wednesday 13th March 2019 Commons Chamber

[Mr Hammond]

As my hon. Friend knows, we put £1.3 billion into the schools budget in 2017, and we have protected per pupil real funding since then. He will also know that there is a significant variation in the level of funding between schools and authorities across the country, which is now being addressed through the fair funding formula. I understand that there are pressures in the system until we have that rolled out and operational, having delivered the result throughout the system. However, I can confirm to him that schools funding will be considered in the spending review, along with all other areas of departmental spending in the round.

[Jess Phillips (Birmingham, Yardley) (Lab)]

To follow up on that question, I am sure the Chancellor has noticed that there are children all over the country, including in the Prime Minister’s constituency—and among those children are my children—who will no longer be able to go to school all day on a Friday. My son’s school is going to shut at 1 o’clock, like 15 other schools in Birmingham and hundreds of schools across the country. They have been getting in touch with me, including those in the Prime Minister’s constituency, and I am sure they will be writing to her, because they are certainly writing to me. What has he offered today for the Government to do the most basic thing, and keep my children in school? What is being given today and what will be given in the CSR? I hope he is looking forward to seeing my children, because I am bringing them to be looked after by him every Friday at 1 o’clock.

[Mr Hammond]

I shall look forward to it.

Today is not a fiscal event, and the opportunity to look at spending priorities in the round will happen at the spending review. What I have described today is a world where improving public finances mean that, if we can lift the Brexit cloud from our economy and get that certainty restored, we will have choices. Frankly, that is something we have not enjoyed in this country for a decade now, because of the consequences of the crisis under the previous Labour Government.

If the hon. Lady wants to talk to me about schools, I am happy to talk about our record on schools, with the attainment gap narrowing, record rates of disadvantaged 18-year-olds going to university, and 84% of children being taught in good or outstanding schools compared with 66% in 2010. Those are outcomes of which we are proud.

Equality: Autumn Statement

Jess Phillips Excerpts

Wednesday 14th December 2016 Commons Chamber

[The Chief Secretary to the Treasury (Mr David Gauke)]

I beg to move an amendment, to leave out from “House” to the end of the Question and add:

“affirms that introducing tax-free childcare, increasing the national living wage, increasing investment in affordable housing, reducing the universal credit taper, boosting investment in schools to create more good school places and taking 1.3 million individuals out of paying income tax so far this Parliament will benefit all genders and races; welcomes the fact that there are more women in work than ever before; further welcomes the Government’s publication of distributional analysis along with the Autumn Statement 2016; and welcomes the action the Government is taking to develop a strong economy that works for everyone, regardless of their background.”

It is a great pleasure to move an amendment in the name of a female Prime Minister. It is the Government’s foremost aim to make sure that this is a country that works for everyone in our society, wherever they are from, and whatever their gender, race, age or background. To deliver that objective, we need to build a strong and stable economy by boosting productivity, creating jobs, and bringing our public finances under control. That is how we will be in the best position to create a sustained rise in living standards for all British people. Our entire economic approach is based on a determination to make people better off now and in future, in all parts of the UK, and across the full breadth of our society. That is why we reject the assumptions in the motion and believe instead that the plans that we have set out will deliver a stronger economy that works for everyone.

I want to reflect on the measures that we have taken to strengthen our economy in this way, because people, regardless of their race or gender will benefit from our work to restore the economy to long-term health, which begins with bringing our public finances under control. With UK debt soon reaching a 50-year high of 90.2% of GDP, we must pursue a credible fiscal path to make it fall. Over the past six years, we have cut the deficit by almost two thirds to 4% of GDP, and we confirmed in the recent autumn statement that we will deliver a surplus as soon as possible in the next Parliament, while in the interim bringing cyclically adjusted borrowing below 2% by the end of Parliament, and getting public sector net debt, as a share of GDP, falling in this Parliament too.

People across our society benefit from the business-led recovery that has been at the heart of our economic approach. We have made sure that Britain is open for business with our competitive tax regime, by cutting over £10 billion-worth of red tape, and with our extensive investment in infrastructure, skills and research. The autumn statement took that further with a whole host of measures, including the new national productivity investment fund of £23 billion over the next five years. It is as a result of such measures that over 1 million new businesses have started since 2010, taking us up to a record 5.5 million small businesses at the beginning of the year. By the way, I am pleased to say that about 1.2 million small and medium-sized enterprises in the UK are majority women-led—more than ever before—and they contribute about £115 billion to the economy in total.

[Jess Phillips (Birmingham, Yardley) (Lab)]

With regard to the infrastructure spending, which the Minister heralds as part of the recovery, how many of the jobs that will be created by that will go to women?

[Mr Gauke]

I cannot say how many will go to women or men. Is the hon. Lady objecting to the infrastructure spending because she believes that it will not go to women? I will happily give way to her again.

[Jess Phillips]

I will make a more substantive speech about that shortly, but currently in the construction industry 1% of jobs go to women—1%. I ask the Minister again: what percentage of the jobs created by infrastructure spending does he think will go to women?

[Mr Gauke]

There are now more women doing science, technology, engineering and maths A-level subjects than ever before, which will ensure that more of them go into such jobs. I am trying to understand the hon. Lady’s point. Is she saying that we should not be spending money on infrastructure because that will have a disproportionate effect, favouring men? The purpose of infrastructure spending is to improve our infrastructure in order to improve our productivity—productivity that helps men and women. That is why we are doing that.

[Jess Phillips]

rose—

[Mr Gauke]

I will give way for the final time.

[Jess Phillips]

I am absolutely not saying that we should not spend money on infrastructure. What are the Government going to do to make sure that all the infrastructure spending set out in the autumn statement is shared equally between men’s and women’s jobs?

[David T. C. Davies (Monmouth) (Con)]

rose—

--- Later in debate ---

[Jess Phillips (Birmingham, Yardley) (Lab)]

I am going to talk about the productivity gap, which was mentioned in the autumn statement. I am going to stick to talking about the autumn statement, because that is the subject of the motion. The productivity gap is, in my opinion, one of the things we fail on repeatedly because we forget half the population. Members have talked about the infrastructure spending that was announced in the autumn statement, but we all know—let us stop pretending that we do not—that that will mainly create jobs that are filled with men. I am asking the Government to do something about it.

During the Women and Equalities Committee inquiry into the gender pay gap, Minister after Minister pledged their desire to do something about it. The inquiry found clear evidence that the segmenting of jobs exacerbated the gender pay gap. Ministers—including those who were on the Front Bench earlier—have sat in front of me and said that they want to see more women in science, tech, engineering and maths. I have travelled to the UN with one of the Ministers who was on the Front Bench earlier to talk about how brilliantly the UK was doing in that field.

[Dr Philippa Whitford (Central Ayrshire) (SNP)]

Does the hon. Lady recognise the importance of the point made by one of my colleagues yesterday that even if the 500,000 jobs coming from the industrial strategy were all given to disabled people, that still would not close the disability gap, let alone the gender gap?

[Jess Phillips]

I do, indeed, recognise that, and I thank the hon. Lady for her intervention. We must all recognise that we have so much more to do in this area.

The announcement of billions of extra pounds in the autumn statement represents a real opportunity for the Government to invest in construction and engineering jobs, and in tech innovation. The money provides a lever for the allocation of money to be used not only to build and make things, but to achieve some of their other aims, which they have travelled the world saying they cared about.

After the statement, I set about asking Ministers how they would make sure this money—the money of taxpayers, including all the women who pay taxes—was going to be spent on our prosperity. I asked the Chancellor if he had plans to set targets for women’s employment. I wonder whether we can guess what he said. He did not say, “Why, yes, we will stay true to our word about women’s gainful employment and the breaking down of gendered roles in employment.” No, he said:

“The government has no plans to set targets for women’s employment to be achieved as a result of the National Productivity Investment Fund”.

It is clear that women will not only lose out from the cuts, but make no gains when the Government finally decide to start spending money. A huge amount of research shows that instead of always reaching for shovels when we spend on infrastructure, we need to see our people services as infrastructure. Investment in childcare and, very topically, in care services creates more jobs than any road building, and it also has double the effect on productivity by freeing up adults of working age from the extra responsibilities that stop them working. I need not say that that mainly applies to women.

I am asking for it to be made a condition in the tendering process for all contracts involving the commissioning of all this money on infrastructure that providers must have a plan showing how they will attract more women into such roles. I would ask Ministers to set targets and quotas, but I know that they will not do so, regardless of all the evidence in favour of doing so. They have evidence-based policies only when they want. No contract should be allocated without such a workable plan being submitted.

I ask the Government to monitor how many women’s jobs are created by the national productivity investment fund, so that we women taxpayers of the country can see exactly what we are getting back for our investment. Monitoring this will allow the Government to see if they are doing a good job for half the population. Just hoping this stuff gets done is no longer good enough. Government policy cannot be based on the triumph of hope over experience. The idea that progress will take another 60 years is simply not good enough.

Experience and evidence now show that only 1% of direct construction jobs are held by women, as are 14% of jobs across the entire construction industry, including all administration jobs. In that field, there is a 16% gender pay gap. We are therefore investing in a sector where women do not have jobs, or in which when they do get them, they can expect to be paid considerably less than their male colleagues. I want this investment in house building, road building, research and development, but I just want the benefits to be shared equally. At the moment, women are getting 1%, while 99% goes elsewhere. I am not shroud-waving or being negative, as Government Members say; I am standing here and waving, hoping that the Government notice that, on productivity, there is a female of the species.

--- Later in debate ---

[The Financial Secretary to the Treasury (Jane Ellison)]

We have certainly had a wide-ranging debate today, if perhaps a little curtailed, touching on many subjects of fundamental importance to our society and indeed to this Government. I would like to thank Members of all parties for their contributions.

In truth, I think we all want to see an economy that works for everyone in our society, whether it be women, men, people from black and minority ethnic backgrounds —all groups. It is right to scrutinise our success in delivering on that. Historically, women and black and minority ethnic groups have been disproportionately represented in lower-income groups. We all acknowledge that, but we have not heard much from the Opposition about the broad action necessary to address that long-term historical trend. It is important to address it in the long term, which my hon. Friend the Member for Fareham (Suella Fernandes) touched on.

We have just heard from the Opposition that “aspiration” is an empty word. Actually, at the heart of Conservative Members’ contributions has been the idea that it is aspiration that will address this problem in the long term, and that can be seen in some of the actions we have taken. We have sought to raise aspirations to ensure that the next generation does better than the current one, particularly in some of the lower-income groups.

What, then, have we been doing? Fundamental to everything—I realise that this is something that the Opposition will never agree with us on and will never engage with—is a stronger economy. That underpins doing the best for everyone in our society so that they can enjoy a greater level of prosperity and higher living standards. [Interruption.] The Opposition Front-Bench team can chunter all they want, but their failure to engage with the fundamental issue of having a credible plan for our economy, for bringing down debt over time and for putting our public finances on a sustainable basis perhaps explains why only five Labour Back Benchers were in the Chamber at the beginning of this Opposition day debate. It perhaps explains why large parts of the Labour party have lost faith in their own Front Benchers. It is a consequence of their failure to engage with the fundamental truths of our economy. That issue underpins everything that we have come here to discuss today, but we have heard nothing from the Opposition about some of the key issues.

In stark contrast, we have heard from Government Members about what we are doing to maintain the focus on making this country somewhere where our businesses can grow, where people can succeed and where we can provide more jobs and more opportunities for all working people. There is a stark contrast with the Labour record, which saw female unemployment rise by a quarter, whereas we have a record employment rate. We have seen 1.2 million women find work since 2010, including 400,000 women from black and minority ethnic groups.

The House should also note—Conservative Members noted it with pleasure—that the gender pay gap has fallen to a new record low. Yes, there is further to go, but all we got from the Opposition was sarcasm, instead of saying, “Yes, we have made progress and we want to do better.” But progress we have made, and it is all about laying the foundation for rising wealth for all working people. It means having a sensible fiscal plan to get our finances under control, and it means backing British business to deliver strong growth in our economy, without which we cannot create jobs for anyone.

I was slightly mystified by the dismissive tone taken by the hon. Member for Birmingham, Yardley (Jess Phillips) on investment and infrastructure. I am glad that she engaged with the autumn statement announcements on infrastructure, but she dismissed the investment in road building, for example, as being about creating jobs in construction. That infrastructure money, whether for road building or digital infrastructure, is directly intended to help people start businesses and grow them quicker. Record numbers of women have started businesses in this country over the past six years, and it is evident that investment in improving our digital infrastructure is key to some of those companies, because women have been extraordinarily entrepreneurial when it comes to starting new online businesses.

[Jess Phillips]

Only 17% of jobs in innovation and technology are held by women, but we can look at that again.

Words have repeatedly, and wrongly, been put in my mouth throughout this debate. I never once said that I did not want infrastructure spending on roads; I said that I also want infrastructure spending on care. That money should be spent equally on women’s jobs and men’s jobs. All I am asking is that we record the data so that we can see if that works.

[Jane Ellison]

I am responding directly to that point. Infrastructure investment is about enabling the creation of more jobs and enabling more businesses to grow. We obviously agree on that point, but it is nonsense to say that men benefit disproportionately. We know that more women have started businesses and that more women are in employment, so the things we are doing to enable people to grow businesses and create jobs are directly benefiting all kinds of workers. That is fundamentally what we are about.

We heard from my hon. Friends—sadly, there was nothing from the Opposition—about the number of women on boards, the number of women in employment and the number of businesses being started by women. It is impossible to have this kind of debate if the Opposition will not acknowledge any of that or the progress made. They will not acknowledge, for example, that when the personal allowance rises to £11,500 next year, 1.3 million people will be taken out of income tax, 59% of whom are women. My colleagues talked about the investments we have made for working families through tax-free childcare, the reduction of the universal credit taper, funding for more affordable homes and investment in quality public services, meaning that more children are in good or outstanding schools. However, mention of that came there none from Opposition Members. It is as if none of those things have happened.

We carefully consider the implications of all of our measures both for protected equality groups, in line with the Equality Act 2010, and for households at different points on the income distribution. I refer hon. Members once again to the comprehensive distributional analysis that we published alongside the autumn statement. It showed—again, we did not hear about this—that only the wealthiest households would experience modest losses as a result of the measures in the autumn statement. That is why the top 1% of income taxpayers in our society today pay a greater share of income tax than in any year under the previous Labour Government, but we did not hear about that either.

We want to see women and men of all races and ages and from all parts of our country grow increasingly prosperous, and key to that is investing in a strong economy that produces jobs and opportunities for working people. That is what we have been working to deliver since 2010. That is why we have more women in work and more women-led businesses than ever before. That is why we have increased support for families and individuals in their day-to-day lives, whether through measures to increase the national living wage, which are ridiculously dismissed by Opposition Members, or by cutting income tax for millions of people.

Crucially, women are a much more important part of this country’s economy than the Opposition give us credit for. We are so much more than they would have it, from listening to their speeches today. The Government are here to improve the lot of all the working people in this country and, in particular, to support the ever increasing contribution that women make to our economy—and long may it be so. This Government remain committed to ensuring that that continues into the future.

Question put (Standing Order No. 31(2)), That the original words stand part of the Question.

Autumn Statement

Jess Phillips Excerpts

Wednesday 23rd November 2016 Commons Chamber

[Mr Hammond]

This is not absolutely my area of expertise, but my understanding was that there already are opportunities for other providers to deliver affordable housing and to receive grant support to do so. I will look into that matter and, if I am wrong, I will write to my hon. Friend accordingly.

[Jess Phillips (Birmingham, Yardley) (Lab)]

Like many Members, I welcome the £23 billion of infrastructure spending. Some 1% of people who currently work in the construction industry are women. Can the Chancellor tell me how many women’s jobs will be created by the £23 billion? Does he think that the tax that we women pay should sometimes pay for our own prosperity?

[Mr Hammond]

I am afraid to tell the hon. Lady that I do not have a ready answer for her on precisely how many women’s jobs will be created, but I do know that we have more women in work than ever before in this country and that our female participation rates are approaching the levels of the very highest rates in Scandinavian countries. I also know, because it is an area of interest to me, that more women are going into what one might describe as traditionally male preserves—engineering and construction—than ever before. That is a trend we should welcome enormously and encourage further.