Mineworkers’ Pension Scheme

Debate between Jonathan Edwards and Nick Smith

Tuesday 5th December 2017 Westminster Hall

[Nick Smith]

I agree. More parliamentary consideration of this important initiative and where it goes next would be valuable.

[Jonathan Edwards (Carmarthen East and Dinefwr) (PC)]

I congratulate the hon. Gentleman on securing this important debate, the tone of his remarks to date and the manner in which he and colleagues are campaigning. Will he explain why during 13 years of Labour Government the deal with the trustees was not renegotiated at all?

[Nick Smith]

The hon. Gentleman makes a fair point, but this is not about looking backwards but about looking forwards and looking after the hundreds of thousands of people I mentioned in my introduction.

The Government have provided the guarantee, which is an important commitment, but I would like to ask the Minister three things and I would like three answers today, please. How many other pension schemes that the Government guarantee have delivered them a windfall of billions similar to that in this instance? Do the Government still think that the 50:50 share of the surplus is fair? Importantly, will the Government consider taking a reduced share in the future?

It has been estimated that the Government will receive windfalls of £51 million each year between 2016 and 2019—another £200 million. Lots of people feel that that belongs to the retired miners, not the Government, and I agree with them. Today, I call on the Government to revisit the surplus sharing arrangements, and in particular I urge them to meet the trustees of the scheme to chart a way forward. I am sure that I speak for many colleagues in saying that there is support for change in our constituencies, and that we should do the right thing by retired mineworkers and their families. The time has come for a better way to help the trustees support our communities. This is the miners’ money. They earned it through years of hard work at the coalface, and they deserve a better and fairer share of it.

UK Dairy Sector

Debate between Jonathan Edwards and Nick Smith

Wednesday 20th April 2016 Westminster Hall

[Nick Smith (Blaenau Gwent) (Lab)]

I thank the hon. Member for Ceredigion (Mr Williams) for introducing the debate and the many colleagues who have intervened and made contributions this afternoon. Time is short, so I cannot mention everyone, but the hon. Gentleman certainly gave a great cri de coeur for dairy farmers throughout the country, as well as for the steel industry in Wales—I thank him for that.

With the global market in flux and farm-gate prices on the floor, the UK dairy industry is in danger. Some farmers are being paid less than the cost of producing the milk, which is unsustainable. Only last month, thousands of proud farmers felt that they had no other choice but to march on Whitehall and ask for change and for support. The Government must listen to that call. Bodies such as Dairy UK are saying there are no quick fixes, although the Government recognise that a package of support is needed to help save the industry from collapse. However, despite promising much in the face of pressure from the industry, there is still no sign of respite.

The Environment, Food and Rural Affairs Committee report listed many recommendations that I hope the Government will make good on. It talked about a futures market for dairy. Will the Minister make it clear when such a market will be established properly?

The British public have consistently proven that they back a “buy British” principle, but dairy in the UK still lacks country of origin labelling. The Farming Minister has been unable to get the EU to bring that forward, despite the EU approving similar branding on a vast swathe of other products. Meanwhile, he has written to supermarkets to encourage them to display the British flag on British dairy products. That code, however, is voluntary.

On exports, sector leaders such as Dairy UK have called for the development of new markets where we can showcase the quality of British products. It looks as if there may be good news on red meat and the USA this week, but will the Minister detail the results of talks with other countries about their importing our dairy products? All such suggestions are long-term goals, and that is understood, but where is the progress on those key issues?

The NFU and farmers have joined Labour in calling for the Groceries Code Adjudicator’s powers to be toughened up. The Environment, Food and Rural Affairs Committee has published a report calling on the Government to consider extending the GCA’s remit. The Committee wants it to incorporate both direct and indirect suppliers. Will the Minister confirm that those concerns will be taken into account when the GCA is reviewed later this year?

[Jonathan Edwards]

As the hon. Gentleman is aware, in Wales many of the powers relating to Government intervention are devolved and, to date, the Welsh Government have decided to pursue a voluntary code of practice in this sector. Does he agree that it is about time that the Welsh Government began to look at statutory intervention, and not just leave it on a voluntary basis?

[Nick Smith]

That may be helpful and I certainly think it is worth looking at.

The problem of delayed payments has come up too, with the high-profile failure of the Rural Payments Agency system this year. That money is a vital lifeline, given the struggles in the dairy marketplace, yet a Public Accounts Committee report revealed a payments fiasco. The Government must accept their part in a failing IT project that may have landed us with a £180 million annual fine from the EU. Money that could have gone to British agriculture will now be thrown away. The NFU says that that the RPA should be making 90% of payments by the end of December each year. Will the Minister give assurances that that target will be met in future years?

Finally, I welcome the deep analysis done by the NFU on the implications of a UK exit from the EU. The analysis showed that every Brexit scenario resulted in a large drop in income for farmers. Will the Minister join me in recognising that for dairy farmers, staying in the EU is vital for the trade and support that it provides to the industry?

Bank of England and Financial Services Bill [Lords]

Debate between Jonathan Edwards and Nick Smith

3rd reading: House of Commons & Report stage: House of Commons
Tuesday 19th April 2016 Commons Chamber

[Jonathan Edwards]

I thank the hon. Gentleman for that intervention. When I realised that I would be able to make this speech, I feared that there would be a lot of interventions along those lines. I will be citing some notable names during my speech, but that is not a matter for politicians to determine.

[Nick Smith (Blaenau Gwent) (Lab)]

Will the hon. Gentleman give way?

[Jonathan Edwards]

I will in a minute—we have to hear from Blaenau Gwent. It would be appropriate if there was a conversation among the people of Wales about who they would like on their banknotes.

[Nick Smith]

As part of the list of great men and women whom the Welsh people could consider having on our banknotes in the future, may I suggest Aneurin Bevan, a son of Tredegar and founder of the national health service?

[Jonathan Edwards]

That is certainly one of the names that I would like to see put forward.

Constitutional Reform (Wales)

Debate between Jonathan Edwards and Nick Smith

Thursday 19th May 2011 Westminster Hall

[Jonathan Edwards]

I totally disagree with that, of course. When the Parliamentary Voting System and Constituencies Act 2011 was a Bill before the House, I argued for the referendum to be held on STV, not AV. That was about a vote for the Westminster Parliament, and my preference for developing democracy in Wales is a plural, proportional system. I will get to that point when I conclude my speech.

During the passage of the 2011 Act, I welcomed the clauses that decoupled the Westminster and National Assembly boundaries; it was common sense to include them in the Act. My colleague the hon. Member for Pontypridd (Owen Smith) had a sparring session on BBC Radio Wales in the very early hours of Sunday morning on that issue. The Labour party was vehemently opposed to the decoupling; its preference was for coterminosity. From the point of view of organising local party structures, I can see the argument. They would be a total nightmare to organise locally with different boundaries for the Westminster and Welsh elections.

[Nick Smith]

It is not only about party organisation. Coterminosity is important for talking to borough councillors and chief executives, and the managers of local health services and housing associations. It helps us to make an impact as MPs with local civic society. Surely we should keep that.

[Jonathan Edwards]

I do not disagree with the hon. Gentleman. Coterminosity is favourable.

Given that, as a point of principle, Labour is opposed to decoupling and the Tories to PR, one way to achieve consensus might be to re-adjust the National Assembly boundaries to be coterminous with the new Westminster boundaries. Such a reform would have the added benefit of being more proportional. Diolch yn fawr iawn.