(1 year, 9 months ago)
Commons ChamberWhat the hon. Lady says about football clubs being at the heart of their community is the case up and down the country. Our reforms make sure that fans have an integral say in matters that affect them. We are already seeing, and will see, shadow boards at premier league level, but I am confident that the changes that we are bringing in will give fans a greater say in football.
Can the Secretary of State outline to the House how the independent regulator will help with the financial sustainability of clubs, and how it will limit the power of owners, who may wish to gamble with their club’s future to reach the premier league and may fail, as was the case recently with Derby County?
The hon. Member makes an important point. Financial stability is one reason that we have brought in an independent regulator: to ensure that clubs are stable and are not destroyed, which then destroys communities, as I mentioned. The independent regulator will ensure financial stability and there will be owners’ and directors’ tests to ensure that we know who owns clubs and that they have the funds to maintain them.
We have a number of creative clusters across the UK and I am absolutely committed to ensuring that they continue to grow, because the creative industries have grown at twice the rate of the wider economy since 2010, generating £116 billion in 2019. The sector is important to me, as I know it is to the Chancellor and the Prime Minister.
It was my pleasure to join schoolgirls and England Lionesses for football training in Downing Street yesterday, as we marked International Women’s Day. The event accompanied a major package of support for school sport. That, alongside our recent plans for an independent regulator for football and the biggest ever investment in grassroots facilities, shows that the Government are committed to protecting the long-term sustainability of the game, and sport in general.
Today, we are announcing that youth clubs, charities and many other organisations will benefit from our £30 million know your neighbourhood fund, which aims to create volunteering opportunities and tackle loneliness in disadvantaged areas.
Although not legislated for, intrusive affordability guidelines from the Gambling Commission are estimated to be costing the British horse-racing levy at least £40 million a year and are driving punters either to the black market or away from the sport altogether. Will my right hon. and learned Friend outline to the House whether the Gambling Commission warned her Department of the impact those decisions would have on the sport?
(2 years, 5 months ago)
Commons ChamberI would be very happy to meet the hon. Member and look at the specific issues that she has raised, but I reassure her that HMRC is currently in a programme to ensure that traders have to fill in fewer forms and that forms are prepopulated, so that customs can be streamlined for the trader.
Does the Minister agree that a trade agreement with India would be a huge boost to our exporters, including our alcohol exporters?
The Government are very much committed to trade agreements across the globe and would welcome a trade agreement with India.
(2 years, 8 months ago)
Commons ChamberIt was very interesting to meet my hon. Friend, together with his colleagues from the all-party parliamentary group on investment fraud, and to hear his idea. As we discussed, Her Majesty’s Revenue and Customs is very keen to make clear which schemes do not work. That is why, in the Finance Act 2022, the Government legislated to allow HMRC to name promoters and the schemes they promote at the earliest possible stage, to warn taxpayers of the risk of entering into those schemes, and to help those already involved to exit avoidance.
(5 years, 9 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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My portfolio is quite large, but I am not in charge of parliamentary business. However, I am sure that those who are in charge of it are listening to this debate. The Government are keen to bring legislation forward in Government time and will do that shortly.
Female genital mutilation is abhorrent and barbaric and should never be inflicted on any girl or woman in this country or, indeed, any country. In the spirit of equality, will the Minister update the House on the Government’s policy on male genital mutilation?
My hon. Friend has a number of concerns relating to family justice that I am happy to have talked to him about over recent months. This Bill was about female genital mutilation, and the Government will be bringing forward legislation to address that matter.
(6 years, 9 months ago)
Commons ChamberI am very aware of the importance of looking at family law, in the context of the fact that relationship breakdown leads to unwelcome life chances for the children of that relationship. I am happy to meet my hon. Friend, who should know that I have already met the president of the family division and the chief executive of the Children and Family Court Advisory and Support Service, and to discuss this issue.
(8 years, 10 months ago)
Commons ChamberSmall businesses are critical to our economy and make up 99% of businesses nationally, and the Bill is designed to assist them. I want to focus on the resolution of disputes and debt collection, and I refer to my entry in the Register of Members’ Financial Interests. As a barrister who specialises in business law, and insolvency in particular, I have seen at first hand the impact that uncollected debts can have on a company.
Sometimes the inability to collect debts can have a significant impact on a small company. The most obvious consequence is simply the customer’s failure to pay, which means that their supplier is out of pocket. We know from BACS that an average small business has overdue payments of almost £32,000. However, it is not just the lack of cash flow, it is also the cost of collecting debts, and we know that £10 billion is spent per year in trying to recover overdue payments. It is not just the expense; it is also about management time, and in the end many small businesses simply give up. Indeed, the consequences can be even greater than that—sometimes they mean a lack of survival. R3, the trade body for the insolvency profession, has said that late payment by customers for goods and services is often cited as a cause of insolvency.
My hon. Friend is giving a great speech with her experience in insolvency. Does she agree that companies do not go bankrupt because they run out of profit; they go bankrupt because they run out of money, and late payment is part of that?
That is absolutely right. Often, the cause is cash-flow insolvency, which is a test of insolvency, as well as the balance sheet.
The measures to introduce a small business commissioner to give free advice and information, and to operate a complaints scheme, are a welcome step in the right direction. Indeed, a similar scheme set up in Victoria Australia has had considerable success. The hon. Member for Wallasey (Ms Eagle) suggested that the Bill does not go far enough, but in 2014-15, with 704 mediation sessions, the Victoria scheme had an 80% success rate.
As my hon. Friends the Members for Huntingdon (Mr Djanogly) and for South Ribble (Seema Kennedy) mentioned, we must ensure the success of this scheme, and to do that, we must ensure that the small business commissioner has good identity, good awareness, and is effective.
We need to ensure that the person appointed has the gravitas to command the respect of businesses big and small. We need to ensure there is public awareness of the role. There are already a number of mechanisms to resolve disputes—there is already a free small claims mediation telephone service—but such schemes are successful only if the public know about them and so can use them. Finally, the small business commissioner will have to take full advantage of his or her powers to ensure speed, efficiency and an effective service.
The measures set out in the Bill are extremely welcome. The Government do not create jobs; businesses—often small businesses—do. It is our job to create the right environment for them to thrive in. This is a significant part of that process.