Oral Answers to Questions Debate
Full Debate: Read Full DebateLiz McInnes
Main Page: Liz McInnes (Labour - Heywood and Middleton)Department Debates - View all Liz McInnes's debates with the Department for International Trade
(5 years, 10 months ago)
Commons ChamberI have made clear our concern about human rights, but the idea of banning such agreements is nonsensical. This country has £1.3 trillion of stock overseas. Our investors are important in providing development in a lot of these countries, yet they are not given sufficient legal protections, which they would normally get under systems such as the UK’s. That is why those provisions are put in—to protect our investors overseas.
Supporting UK-based companies to invest and operate overseas is a key pillar of the Department’s work. In 2017, UK companies brought home £86 billion as a result of those investments. The Department provides market information and identifies investment opportunities and potential partners. We have developed a new suite of products to help UK businesses as a result of outward direct investment pilots in New York, China, Turkey, Brazil, South Africa and Ethiopia.
I thank the Minister for that answer, but people are quite rightly concerned that setting up overseas subsidiaries or acquiring foreign enterprises could lead to job losses or relocations. Will the Minister confirm the net number of jobs created in the UK as a result of his Department’s support for outward direct investment?
I am grateful to my hon. Friend. As I say, the organisation Women in the Fire Service does great work at local level in encouraging women to join the fire service. Again, as role models, we have the five women we know are heading fire and rescue services currently—of course, of the 45 fire and rescue services in England and the three fire and rescue services in Wales, that is a tiny fraction, but they are very positive role models. I also hope that the Fire Brigades Union will manage to bring a woman on to its executive council in the future. It is through that sort of positive work that we will get women into these services.
Flexible working is crucial to support women and men in balancing work and caring responsibilities. That is why the Government Equalities Office is working with the Department for Business, Energy and Industrial Strategy and the flexible working taskforce in using our research programmes to develop evidence-based guidance for employers.
I thank the Minister for that answer, but the right to request flexible working is not the same as an entitlement to work flexibly. Given that so many of these requests are refused and that the Government have said that they want to encourage flexible working, will they consider placing a duty on employers to advertise jobs as flexible?
We have announced our intention to consult on these very matters, but I would also say that, as that will take a little while, employers should not wait for it. We know that by offering flexible working they are going to have a bigger pool of talent from which to pick their employees.