Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 3rd September 2024 Commons Chamber

[Darren Jones]

We are appointing a fixed-term covid fraud commissioner through an open competition that is now running as of this morning. The commissioner will make sure everything is done to return money owed to the taxpayer. It will report to the Chancellor, working with the Secretary of State for Health and Social Care, and will report to Parliament in due course.

[Martin Vickers (Brigg and Immingham) (Con)]

The economic potential of the Brigg and Immingham constituency and the wider Humber region is heavily dependent on the renewable energy sector. However, there is a cloud on the horizon, with the future of Scunthorpe steelworks in doubt. Can the Chancellor give an assurance that if there are redundancies at Scunthorpe, there will be a generous package of support for workers and investment through the local authority to redevelop the area?

[Rachel Reeves]

The hon. Gentleman speaks powerfully about the huge opportunities at Immingham and on the whole east coast through renewable energy and carbon capture and storage. Part of the reason for the national wealth fund is to invest in industries such as CCS, but also in our crucial steel sector, which is important to so many of the other Government ambitions on growing our economy. We are determined to support the steel sector through that investment from the national wealth fund.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 7th May 2024 Commons Chamber

[Gareth Davies]

I am very sorry to hear of the circumstances that the hon. Lady has described. My hon. Friend the Economic Secretary, in whose portfolio this issue sits, will meet with her.

[Martin Vickers (Cleethorpes) (Con)]

For many years, coastal communities have suffered economic inequalities, and we all know that the best way of changing that is to create the conditions for investment and the jobs that go with them. Despite the good work that the Government have done, we still need more funding in areas such as Cleethorpes. Could the Minister outline what plans the Government may have for bringing forward further schemes in the near future?

[Gareth Davies]

It is right to acknowledge that funding has gone in. I completely appreciate the specific challenges that coastal communities face, but it is important to look at the package of measures to level up—not just funding such as the shared prosperity fund, levelling-up fund and towns fund, but the 13 devolution deals, 13 investment zones and 12 freeports. These are all packages and measures that will help areas such as my hon. Friend’s, but I will always keep his area in mind.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 6th February 2024 Commons Chamber

[Bim Afolami]

I thank the hon. Gentleman for his question. Indeed, the Chancellor announced at the autumn statement last year that, over the next 12 months, the Government will consider selling shares in NatWest. That is all subject to value-for-money concerns and other matters, as he will appreciate, and it is market sensitive. Of course value for money will be at the heart of any consideration of the sale of shares, and the House will be kept fully informed over the coming weeks and months.

[Martin Vickers (Cleethorpes) (Con)]

My right hon. Friend and his colleagues will be aware of the challenges that businesses and households face in coastal communities. As the Budget approaches, may I urge him to be ever mindful of how we maintain the vitality of the economies in our coastal areas?

[Jeremy Hunt]

I absolutely will; that is a core part of the levelling-up agenda, and my hon. Friend will be pleased to know that, since we started on that agenda, two thirds of all new jobs created have been outside London and the south-east. We will continue to look at any proposals he may have in that respect.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 19th December 2023 Commons Chamber

[Laura Trott]

My hon. Friend is a brilliant advocate for his constituency. I hear what he has to say and I am happy to meet him to talk about it.

[Martin Vickers (Cleethorpes) (Con)]

My right hon. Friend is well aware of the threat to thousands of jobs at Scunthorpe steelworks and many more in the supply chain that supports it, all of which would have a devastating effect on the economy of northern Lincolnshire. Can he and his colleagues in the Department for Business and Trade bring a speedy conclusion to the negotiations and lift the cloud over Scunthorpe?

[Jeremy Hunt]

I thank my hon. Friend for his campaigning on that issue and reassure him that we in the Treasury completely understand how vital steel is to the future of his area and to his constituents. We will continue to do everything we can to resolve the situation as quickly as possible.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 14th November 2023 Commons Chamber

[Martin Vickers (Cleethorpes) (Con)]

Economic growth in northern Lincolnshire will be severely impacted if changes go ahead at British Steel’s Scunthorpe works, which will result in redundancies and a massive impact on the supply chain. Will my right hon. Friend give an assurance that the Government will not proceed with any support for those changes until a full economic assessment of the impact on the local area has been carried out?

[Jeremy Hunt]

I thank my hon. Friend and, indeed, my hon. Friend the Member for Scunthorpe (Holly Mumby-Croft) for their extensive lobbying on this very important issue. I have had meetings with him and her, and with many others, to discuss it. I reassure him that we are absolutely committed to steel production in the United Kingdom, and to making sure that any changes that are necessary support the local communities that depend on steel production.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 21st March 2023 Commons Chamber

[Jeremy Hunt]

I thank the hon. Gentleman for mentioning carers, who do an amazing job. It is fair to say that our NHS and care systems would fall over without the incredible job carers do. We will always keep under review what we can do to help these very important people.

[Martin Vickers (Cleethorpes) (Con)]

5. What assessment he has made of the economic outlook for (a) Greater Lincolnshire and (b) Cleethorpes constituency.

[The Chief Secretary to the Treasury (John Glen)]

The Government are committed to creating an environment in which economic growth benefits all. The latest data indicates that productivity in Greater Lincolnshire grew by 8.4% from 2010 to 2020, compared with UK productivity growth of 7.9% over the same period. Coastal communities such as Cleethorpes play a vital role in the economy. I am pleased that, following the announcements on the second levelling-up fund, more than £18 million has been granted for the Cleethorpes masterplan.

[Martin Vickers]

The county of Lincolnshire has great opportunities for economic development in both rural and urban areas. In particular, the Cleethorpes constituency is a major centre for the renewable energy sector and contains a major port at Immingham. Freeport status has been granted for the Humber freeport, but I understand that we are awaiting final Treasury sign-off. Can the Minister give us an indication of when that will happen?

[John Glen]

I am pleased to confirm that the full business case for the Humber freeport has now been conditionally approved by the Treasury, with full approval subject to the customs site being designated and the freeport signing a memorandum of understanding with the Department for Levelling Up, Housing and Communities. The Humber freeport is already open for business, supporting the regeneration of the region by creating jobs and attracting new business investment. I am sorry that Treasury processes can sometimes appear tortuous.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 11th October 2022 Commons Chamber

[Felicity Buchan]

I can confirm that we will be going ahead with the second round of the levelling-up fund. There should be decisions by the end of the year, and I wish the hon. Lady well with her bid. An independent assessment of the bids is going on at the moment, but if that meeting is possible, we will do it. Clearly we would need to decide if that was appropriate. I congratulate her on her success in the first round of the levelling-up bids, where she got £20 million for the Squire Lane leisure centre.

[Martin Vickers (Cleethorpes) (Con)]

The renewable energy sector is vital to my constituency and the neighbouring area, and it has done a great deal to level up the local economy. Can the Minister give me an assurance that support for the sector will continue?

[Felicity Buchan]

We are very much committed to the sector, and I would be delighted to sit down with my hon. Friend to discuss this further.

The Growth Plan

Martin Vickers Excerpts

Friday 23rd September 2022 Commons Chamber

[Kwasi Kwarteng]

As I said, the OBR will come up with a full forecast before the end of the calendar year.

[Martin Vickers (Cleethorpes) (Con)]

My right hon. Friend is well aware of the great opportunities in northern Lincolnshire and the Humber region, particularly in renewable energy. I welcome his announcement on investment zones, and I and the two Conservative local authorities in my constituency will want to work with him to deliver that. Even sooner, however, we can deliver on the Humber freeports. Can he confirm that the freeport designation will continue, and will he unblock the process that is delaying their launch?

[Kwasi Kwarteng]

The freeports are certainly continuing and I would be very happy to speak to my hon. Friend about how we can, as he puts it, unblock the process to accelerate the Humber freeport bid.

Financial Services and Markets Bill

Martin Vickers Excerpts

2nd reading
Wednesday 7th September 2022 Commons Chamber

[Martin Vickers (Cleethorpes) (Con)]

I fully support the recommendations in the Bill and it is noticeable that it contains a wide-ranging set of proposals. I am not going to dwell on the more serious issues, as they have all been covered admirably by my hon. Friend the Member for Salisbury (John Glen), by the Chair of the Select Committee, my right hon. Friend the Member for Central Devon (Mel Stride) and, of course, by the former Chancellor, my right hon. Friend the Member for Richmond (Yorks) (Rishi Sunak). I am returning to the issue of access to cash, which has been raised by a couple of speakers.

It is not only cash, but the wider range of banking services that is crucial to our local communities. Proposals that have come forward in recent weeks affecting my own constituency involved the closure of what is, in effect, the last bank in the towns of Barton-upon-Humber and Immingham. I am delighted to say that in one case LINK, with which I have been working closely over those recent weeks, has designated Barton as one of its next banking hubs. That announcement came only yesterday, so it has slightly taken the sting out of what I was going to say, but of course, Immingham is still urgently in need of a financial hub. Proposals are being put together, and the local community and I will certainly take those proposals forward to LINK.

It is worth remembering that although when we listen to our constituents we hear tales of how reliant they are on their local bank and the services it provides and so on, we are all to some extent guilty when it comes to the change in the use of branches. I suspect that not one Member present in the Chamber can claim not to have used a credit card or bank card to make a payment when cash would perhaps have been a better option—we have all probably done so today. We have to recognise that; it is very easy to paint the banks as the bad guys, but they obviously have to amend the services they provide. However, it is interesting to note that more than 5 million people in the UK rely on cash on a daily basis, and it is estimated that 4 million adults do not have access to a smartphone and 1.5 million households do not have internet access. As such, while it is important that businesses make decisions in line with the general trends of customer behaviour, it is also important that we do not leave behind those who are in the more vulnerable groups.

As I said, I am delighted that the Cash Action Group and LINK have come together and announced that Barton-upon-Humber will receive a financial hub. That is great news, but we must also remember that it is not just access to cash that is important, so I urge the Minister and his team to think about the wider range of banking services. Until now, people of my generation, certainly, have been more used to face-to-face meetings with banks. Doing online transactions is fine, but when doing online applications for what can be life-changing decisions—a mortgage, for example—giving us guidance and making us think more seriously about the commitments we are making is an important part of the service that our financial institutions provide.

I welcome all that the Government are doing. As it stands, there is no existing legislative framework guaranteeing a minimum level of access to cash and wider banking services, or a single authority with overall responsibility for overseeing a cash system that works for everyone across the country. It is welcome that the Government seek to address that situation through the Bill, which will also empower the regulator to ensure that local communities continue to benefit from a cash withdrawal or deposit facility. I also repeat the point that my hon. Friend the Member for Blackpool North and Cleveleys (Paul Maynard) made: access to cash should be free. One of the things that annoys me and, I am sure, many others is that we are paying to get our own money. I urge the Minister to insert the word “free” into the legislation, something that I am sure would have cross-party support.

Bearing in mind the constraints on time, I thank LINK’s staff for the work they have done in respect of Barton-upon-Humber, and appeal to them to take an equally sympathetic view when making their decision about a banking hub in Immingham. I also urge the Minister to think about inserting that additional word “free” into the legislation.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 28th June 2022 Commons Chamber

[Rishi Sunak]

We want everyone to be paid the national living wage. That is the law in this country. I am proud that we have increased it by £1,000 this year, which, combined with our tax cuts, is putting more money in the pockets of the lowest paid. I say again that there are lots of people being paid less than the national living wage but they should not include people in the hon. Lady’s own office.

[Martin Vickers (Cleethorpes) (Con)]

T2. The Chancellor is familiar with the opportunities in northern Lincolnshire and the wider Humber region to advance economic growth; what plans does he have to develop the infrastructure and support local authorities to achieve that?

[The Chief Secretary to the Treasury (Mr Simon Clarke)]

My hon. Friend is a fantastic champion for his region and his support for a freeport on the Humber has been noted across Government. We are of course investing in our levelling-up programme, which has a direct bearing on areas such as the Humber. Crucially, we want to advance devolution within England to allow areas such as his to reap the full rewards and take full control of this exciting opportunity.