Oral Answers to Questions Debate
Full Debate: Read Full DebateMargot James
Main Page: Margot James (Conservative - Stourbridge)Department Debates - View all Margot James's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 11 months ago)
Commons ChamberThe proportion of women on FTSE 100 boards has increased from 12.5% in 2011 to 27%. Since 2011, the number of women on FTSE 350 boards has more than doubled to 23.5%. We support the business-led target of 33% of those on FTSE 350 boards being women by 2020.
I welcome the Minister’s response, but to get more women on boards we have to get more women into business in the first place. I championed and spoke at the Wayfinder Woman conference in Uckfield. The mission of the Sussex-based organisation is to get more women into business. What work do the Government do with such organisations to get women into enterprise so that they get the skills that they need to rise to the top?
I congratulate my hon. Friend on all the work she does to mentor women. More than 16,500 start-up loans have been issued to female entrepreneurs and almost half the users of the business support helpline are women. The Hampton-Alexander review is looking beyond boards at building female pipelines among senior management. We also support the Women’s Business Council.
Is there a regional pattern in low numbers of women on boards? Will the Minister outline what discussions have taken place with ministerial colleagues in the devolved Administrations about increasing the number of women on boards?
I welcome the hon. Lady’s commitment to increasing the number of women on boards in Scotland. I will have discussions with my right hon. Friend the Secretary of State for Scotland to ensure that the national target applies equally to Scotland as to elsewhere in the United Kingdom.
I apologise to the hon. Member for South Down (Ms Ritchie)—I meant Northern Ireland, of course, in my earlier response.
The gov.uk website and the business support helpline provide information on starting and running a business. Growth hubs also provide access to local and national support, and 4.8 million people are now self-employed.
In South East Cornwall we have some fantastic self-employed people who make a host of excellent food products. Does my hon. Friend agree that there will be opportunities for them to grow their businesses and be released from excessive red tape once we leave the European Union? What advice does she have for them?
The Government committed in their manifesto to reducing the burden of regulation on business by £10 billion during this Parliament. We will also carefully consider the implications of leaving the European Union for the business impact target, and the opportunities to reduce further the burdens on businesses such as the excellent self-employed food producers in South East Cornwall.
False self-employment is a particular issue in sectors such as retail, care and construction. The Gangmasters Licensing Authority is now expected to regulate those industries, which contain more than half a million businesses, yet has only 79 members of staff across the entire UK. Its director of labour market enforcement has not yet been appointed, despite the new powers being in place. Will the Government ensure that they act speedily on that?
I assure the hon. Lady that we are acting swiftly to appoint the director of labour market enforcement. I agree with her that it is a crucial role.
The Prime Minister has made it clear that the Government will not, as a consequence of our withdrawal, allow any erosion of rights in the workplace, whether those rights derive from EU or UK law. She has further made it clear that the Government are determined to deliver an economy that works for everyone, and fundamental to that is the preservation of existing workers’ rights.
Is it not the fact that our EU-derived employment rights are upheld not by legislation but because they are enforced by the relevant European courts? Given that progress on a British Bill of Rights has been patchy at best, what will guarantee those rights after we leave?
Such rights will be upheld by British courts after we leave the European Union. The UK enjoys record employment at the same time as employment rights that exceed what is required by EU law in the important areas of maternity leave, parental leave and statutory annual leave.
Given the sorry history of Brexit broken promises, does the Minister understand the widespread cynicism expressed about the idea that rights will be protected post-Brexit, including on a continuing basis? Does she agree with the Brexit promise-breaker par excellence, the Foreign Secretary, that these crucial rights are back-breaking?
The hon. Gentleman prejudges the situation by saying that we have had a chance to break Brexit promises before we have even started the negotiations. The Prime Minister could not have been clearer—she has been supported in this at the Dispatch Box by the Secretary of State for Exiting the European Union—that workers’ rights will be protected and possibly even enhanced.
As always, I am very reasoned, Mr Speaker, but really, the shadow Minister, the hon. Member for Birmingham, Erdington (Jack Dromey) was talking absolute rubbish just then, which is not unusual. Does the Minister agree with the democratic principle that the Government of the day will decide on employment rights? Is that not what we want—employment rights decided in this House, not in Europe?
This House will decide on employment rights, but it is important to remind my hon. Friend that during the lifetime of this Government, the Prime Minister could not have been clearer that workers’ rights will be protected after Britain leaves the European Union.
The retail energy market works well for those who are able and have the time to switch, with customers able to make savings of up to £300 by moving on to the cheapest tariffs. However, we want a market that works for all consumers, not just those who switch supplier. That is why we have been clear that we want energy companies to come forward with proposals on how they are going to treat their loyal customers fairly.
The Competition and Markets Authority has found that two thirds of households are on expensive standard variable tariffs. Does the Minister agree that suppliers should do more to ensure that their loyal customers are on better-value tariffs?
I absolutely agree with my hon. Friend. It is not right that customers are penalised for their loyalty. We want energy companies to treat all their customers fairly, and not just customers who switch between suppliers. That is why we have challenged them to come forward with proposals to ensure that all their customers get a fair deal.
I have been saying for about five years now that companies have been overcharging their customers who are on the standard variable tariff. That has been confirmed by the Competition and Markets Authority, Ofgem and the Government. The only way we will shift how those companies operate is by extending to those people on the standard variable tariff the protection we offer those on prepayment meters. Will the Minister meet me to discuss what more we can do to ensure that we give the big six energy companies a kick up the backside?
I am happy to meet the right hon. Lady, who has extensive experience in this area. We are certainly considering the CMA remedies.
A large number of rural properties are heated by oil-fired central heating. Will the Minister confirm that home efficiency measures are a vital way of cutting bills for those rural properties?
I agree with my hon. Friend. Efficiency measures are fundamental to reducing the energy bills not just for people in rural areas, but for the population as a whole.
This week, a senior Ofgem executive warned that, as a result of our higher reliance on renewable energy, consumers may face the possibility of having to pay a premium to ensure that they have a reliable source of electricity to their homes and without having their lights turned off. What discussions has the Minister had with Ofgem on that, and are the Government considering the policy of relying on costly renewable energy rather than on cheaper fossil fuels?
We have an ongoing dialogue with Ofgem on a number of issues, but apropos the cost of supporting investment in low-carbon technologies, this is expected to increase, but so too are the savings from energy efficiency policies. This means that by 2020 household energy bills are still estimated to be lower on average than they would have been in the absence of those green policies.
I congratulate my hon. Friend on his work to bring the misuse of laser pointers to the Government’s attention. The Government are concerned about the misuse of high-powered laser pointers and will seek evidence early next year on the potential options for tackling such misuse.
I am grateful to my hon. Friend for drawing attention to this type of fraud, which affects businesses in all sectors. It is essential that business owners and staff know what to do when they are notified of changes to bank account details. The best pointer in the first instance is the advice available on the Action Fraud website.
Earlier this year, the Prime Minister commissioned Matthew Taylor to carry out an independent review of modern employment practices, such as in my hon. Friend’s example, as part of ensuring that our economy works for everyone. I am sure that my right hon. Friend the Secretary of State for Work and Pensions will also consider my hon. Friend’s suggestion.
The energy-intensive industries compensation scheme is due to end in April 2017. The Government have promised to bring forward legislation to exempt energy-intensive industries from renewable obligations and feed-in tariffs, but we are still waiting for that to happen. As things stand, the steel industry is therefore looking down the barrel of having to go back to the crippling energy costs it faced until the compensation package was introduced. Will the Secretary of State assure us that measures will be put in place before April 2017 to ensure that we do not go back to that situation?
Is it not time for the Secretary of State to order an investigation into the Royal Bank of Scotland’s practices on lending to small businesses?
The situation with RBS is under review and I am sure proposals will be made in the near future.
When will the Government publish their response to the Law Commission’s report on “Consumer Prepayments on Retailer Insolvency”? We need to do more to protect consumers when businesses go into administration.
I will note the hon. Lady’s comments and I will write to her. I am sorry, but I did not hear all of the question.
INEOS, Tata Chemicals and Banner Chemicals in my constituency provide high-quality, high-wage, high-skilled jobs. What consideration has been given to energy price competiveness in respect of our European neighbours, as a more competitive energy price would disproportionately benefit the northern powerhouse?