(11 months ago)
Commons ChamberI can give way one more time, to my hon. Friend the Member for Stockton North (Alex Cunningham)
When I was a young reporter on the Evening Gazette, the steel industry supported tens of thousands of jobs on Teesside alone. The decline started with Thatcher. When the Government abandoned Redcar nine years ago, numbers fell to a few hundred. Steel is a foundation industry. Surely we need primary steelmaking in this country if it has a real future.
(2 years, 11 months ago)
Commons ChamberI beg to move,
That this House recognises the strain that businesses are under following a difficult Christmas period and two years of disruption during the covid-19 outbreak; notes challenges are more severe in some sectors; regrets that businesses are struggling with increasing energy costs, high inflation, low growth and higher taxes as a result of the Government’s long-term failures and lack of adequate support; and therefore calls on the Government to reform business rates, to alleviate the debt burden by allowing businesses flexibility on Government loans and to implement a contingency fund to support businesses with high energy costs.
Our motion highlights the strain that British businesses have been under over a difficult Christmas period and acknowledges the further challenges that they will face this year. Most of all, I hope that it will facilitate a discussion about what this country needs to allow British businesses to grow and succeed, in order to ensure our and their future success.
I hope that we can take a moment at the beginning of the debate to recognise the toll that the recent challenging trading environment has taken on many people. When the shadow Chancellor and I met a wide range of businesses just before Christmas, I was struck by the impact of the pandemic on the mental health of many of the people present on the call. The uncertainty and the constant need to reinvent business plans and respond to changing consumer behaviour brought on by the pandemic have taken a toll on many people. The Government’s press conference just before Christmas, in which people were advised not to go out but no support package was offered alongside that advice, was genuinely very difficult for people. It was because of the testimonies we heard that day that we were so insistent that support had to be offered before Christmas. I am pleased that the Government changed course and recognised that additional need.
I am sure that we will hear from hon. Members in this debate the effect of that short-term pressure on businesses in the areas they represent.
Energy-intensive industries, such as those on Teesside, are under the cosh when it comes to the cost of gas, and not just for energy but as a feedstock in the production of a wide range of goods. Does my hon. Friend agree that without action on the highest prices in Europe, on gas transportation costs and on carbon costs, many companies could fail, costing thousands of jobs?
I absolutely agree with my hon. Friend, who has put his case as he always does. I will mention energy-intensive sectors later in my speech, but the broader point is that the medium and long-term pressures facing businesses do not look much better than the short-term pressures that they have just come through.
(3 years, 3 months ago)
Commons ChamberI agree absolutely; that is the point. We saw in the exchanges between the Secretary of State and me on Monday, as well as in Prime Minister’s questions, that the Government’s proposition is that somehow people working full time will be able to work 50 or 55 hours a week, on top of what they are already doing. The Opposition are more than happy to have a discussion about raising pay—we have plenty of ideas. Let us discuss raising the minimum wage to at least £10 an hour now or reducing the universal credit taper rate so that people keep more of what they earn. To dress up this devastating cut as a choice between supporting jobs and supporting families is an insult to the millions of working people who will see their incomes drop. Hon. Members who support the cut should at least have the decency to stand up and say so rather than hide behind straw men.
I will give my hon. Friend some statistics from my constituency, where 37% of all children—that is 6,802—are living in poverty, a figure that has increased considerably under the Tories. Thousands of them and their families rely on universal credit to put food on their tables. With the latest figures showing inflation rocketing, and that is very much on food, does my hon. Friend agree that adults and children will go hungry if the Government do not do the right thing?
My hon. Friend is absolutely right. However, it is also important to say that there are 1.7 million people this will affect who cannot work, owing to disability, illness or caring responsibilities. I have not heard a single mention of them from the Government, or the offer of any help coming their way to mitigate this cut.