"As the Minister is struggling to provide information about the social cost of leaving water in private hands, I shall help him a little bit. Analysis suggests that, between 2025 and 2050, customers of privatised water companies will pay over £1 trillion, expressed in 2025 prices. It will probably be …..." Lord Sikka - View Speech
"To ask His Majesty’s Government what assessment they have made of the social cost of leaving England’s water companies in private ownership...." Lord Sikka - View Speech
"My Lords, last year, the TUC estimated that there is an average disability pay gap of £4,300 a year. Add this to the gender and ethnicity pay gaps, and then imagine the plight of disabled women from ethnic minorities. Can the Minister explain how many employers a year are investigated …..." Lord Sikka - View Speech
"My Lords, I will say a few words about Amendment 60. I thank the noble Baroness, Lady Bennett of Manor Castle, for her support.
My concern is about justice. People on the receiving end of DWP penalties and accusations of fraud will predominantly be old, sick, disabled and the poor. …..." Lord Sikka - View Speech
"My Lords, the equitable distribution of income to enable people to buy goods and services is essential for sustained economic growth, but all is not well. At Melrose, the CEO to average worker pay ratio is 1,112; at Tesco 375; at Marks & Spencer 261; at Associated British Foods 218; …..." Lord Sikka - View Speech
"My Lords, I thank the Minister for his introduction. I have a few questions for him, mainly because I have been unable to answer them for the businesses that have written to me about the statutory instrument.
First, can the Minister confirm that the payment practices disclosure regime—the PPRR—still remains …..." Lord Sikka - View Speech
"I will be. A point was made about the auditors looking at the directors’ report. The law requires auditors to see that the directors’ report is consistent with the view given by the audited financial statements, but it does not require auditors to audit the directors’ report. There is a …..." Lord Sikka - View Speech
"My Lords, if China is considered to be a security threat, will the Government end ownership of UK infrastructure by entities connected with the Chinese Government? That kind of infiltration formed part of the previous Government’s privatisation policies...." Lord Sikka - View Speech
"My Lords, successive Governments have facilitated deforestation abroad. A good example is Drax, which has received billions in subsidies for burning wood pellets to produce electricity that is twice as expensive as electricity produced from gas. Drax has a record of lying about the use of primary forests for burning …..." Lord Sikka - View Speech