The Growth Plan
Debate between Kwasi Kwarteng and Mohammad Yasin(1 year, 7 months ago)
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Kwasi Kwarteng
The issue has been raised, and it is a question of not just the annual limit but the lifetime allowance: anecdotally I hear that the fact that it has been reduced successively over time is a big driver of people leaving the profession. I would be happy to have a discussion with my hon. Friend about that.
Mohammad Yasin (Bedford) (Lab)
While millions struggle with the cost of living, the Chancellor’s first priority is to lift the cap on bankers’ bonuses and tighten the rules on benefits for those who have the least. The Government have already forgotten that the bonus culture led to the banking crash. To lower the regulations that were put in place to protect ordinary people and their pensions is dangerous. This is Tory austerity all over again: making the rich richer and the poorest poorer. At a time when key workers are being denied a decent pay rise, why has the Chancellor chosen to help his wealthy chums?
Kwasi Kwarteng
The focus of the growth plan is on growth—on getting our economy moving and getting to 2.5%. That is the lens through which I am looking at this problem. I am also happy to remind the hon. Gentleman that we are protecting the most vulnerable, through the energy intervention and other forms of support.
Oral Answers to Questions
Debate between Kwasi Kwarteng and Mohammad Yasin(5 years, 4 months ago)
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Mohammad Yasin (Bedford) (Lab)
The Parliamentary Under-Secretary of State for Exiting the European Union (Kwasi Kwarteng)
The Government’s analysis shows the deal that the House is considering will deliver for every section, region, nation and sector of our country, including the manufacturing sector. I assure the hon. Member for Blaydon (Liz Twist) that it has grown by 9.5% since 2010.
Kwasi Kwarteng
The prospects for manufacturing under the Government’s policy are actually very strong. [Interruption.] I will answer the hon. Lady’s question. I think the House will be very interested to learn that Sir Roger Carr, the chairman of BAE Systems, which has locations near the hon. Lady’s constituency, said that the deal is
“something that had the key elements of what people were looking for, particularly in the sense of a pathway to frictionless trade, control of our borders and preservation of the UK.”
Manufacturing has nothing to fear from this deal.
Mohammad Yasin
Dunbia Cardington is a major employer in Bedford. Despite years of trying to recruit staff locally, the business relies on workers from the EU, who make up 90% of the workforce. Does the Minister agree that the Government’s future immigration policy, which restricts the low-skilled workforce that the factory depends on, puts the future of the company at risk?
Kwasi Kwarteng
I completely reject that idea. As we have stated very clearly, the rights of EU citizens who are already here are absolutely guaranteed under the terms of the withdrawal agreement. We look forward to having a skills-based immigration policy that will absolutely guarantee that the talent we need can come to this country.