“Get Britain Working” White Paper
Debate between Liz Kendall and Desmond Swayne(3 weeks, 6 days ago)
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Liz Kendall
My hon. Friend will know of our plans to make work pay, bring in day one employment rights, end exploitative zero-hours contracts and improve flexibility at work. We need to do all those things to make sure that there are good-quality job options out there for young people. There will be new leadership roles for mayors in combined authorities, but also clear accountability for delivering the outcome that we want, which is that every young person has an opportunity to earn or learn. We will make sure that happens.
Sir Desmond Swayne (New Forest West) (Con)
To ensure that
“if you can work, you must work”,
will the Secretary of State familiarise herself with the works of Jeremy Bentham?
Leaving the EU: Financial Services
Debate between Liz Kendall and Desmond Swayne(8 years, 1 month ago)
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Liz Kendall
I agree with the hon. Gentleman’s first point and I will come on to the issue of passporting later. I believe that businesses really want certainty, which is why it is right that hon. Members raise issues in the House.
In my own fabulous city of Leicester, almost 7,000 people are employed in financial and professional services, including by HSBC, Santander and Hastings Direct. Those people are not the extremely wealthy bankers or hedge fund managers that we often read about in the papers. They are ordinary people on modest wages who work in customer services, call centres and office administration, and who pay their taxes and spend their money in the local community.
Sir Desmond Swayne (New Forest West) (Con)
I do not want to diminish the importance of the financial sector, particular that which operates and needs to continue to operate in Europe, but overwhelmingly domestic financial services have no involvement with the continent at all. Their export potential is virtually nil, in the words of the Commission itself. To what extent does the impressive list of employees that the hon. Lady has given divide between those that are involved entirely in the domestic market and those that are involved in transactions overseas?
Liz Kendall
The businesses in my constituency and those that I have talked about so far are deeply concerned about losing their membership of the single market and their passporting rights. I care about those jobs and the contribution that those companies make to our economy. It is right for us to raise questions, and it would be wrong to suggest that leaving the European Union does not give rise to serious concerns.