(3 years, 2 months ago)
Commons ChamberI am very much looking forward to going to the Work and Pensions Committee to discuss this very topic this coming Wednesday. It is disappointing that the hon. Member does not recognise that, despite the unprecedented challenges of covid, we once again saw an increase in disability employment over the past year. The figure now stands at 1.5 million since 2013, with the disability employment gap continuing to close. This Government are absolutely committed to their target of 1 million more disabled people in work by 2027.
Could the Secretary of State—or the Minister for Pensions, who is doing such great work in this area—explain what they are doing to ensure that when pensions are invested, the environmental, social and governance agenda is about incentivising high-quality sustainable products across the world, for instance in Africa, and not just becoming a box-ticking exercise here at home?
(6 years, 5 months ago)
Commons ChamberUndertakings and assurances have been made by Comcast. By law, I was required to look at the Comcast bid because it is also of material size. We have done that and, as I set out, it does not raise the public interest concerns. I have therefore confirmed today that we will not be issuing an intervention notice. I know well the Liberal Democrats’ concerns in this area, having worked with the right hon. Member for Twickenham (Sir Vince Cable) in government. I hope that the resolution we come to over the coming weeks will be one that demonstrates with confidence that Sky News will be independent and viable, and that we can therefore be content with the media plurality.
Although it was right that we had a thorough and transparent process, may I echo the comments that we need swiftly to come to a conclusion? The UK is a proud hub for investment in broadcasting and production, creating high-skill jobs. We need to demonstrate that the UK is both open to and welcoming of further investment.
I very much agree with the sentiment that my hon. Friend expresses. In coming to the House with this decision a week before the deadline and being clear about the rapidity of the next phases, I hope that we have demonstrated not only that we will be thorough and do this by the book, but also that we will get on with it.
(10 years, 8 months ago)
Commons ChamberThe hon. Gentleman will probably not be surprised to hear that I have made many visits to Corby and learned a lot during them, including about the funding arrangements. It is necessary to have arrangements that ensure that the funding gets to those people who are expanding their apprenticeship programme. That means that it has to be allocated in-year. I know that causes discomfort to some of the providers and I always keep an eye on the situation to make sure it does not get out of hand.
It is welcome news that 43% of employers are more likely to offer an apprenticeship than two years ago. However, too many busy businesses are still not aware of the fantastic opportunities and benefits of the apprenticeship scheme. Will the Government take forward plans to promote apprentices through the annual business rates mailer that we already pay for?
That is a really important point. Big businesses that have a graduate recruitment round are increasingly moving to having a graduate recruitment system alongside an apprenticeship recruitment system. On Monday, I was at the BBC, which is doubling its apprenticeship intake, and it announced the goal of an apprenticeship intake of the same size as its university intake. The civil service is doing the same in moving towards having both, and all large companies should look at whether that is the right option for them.
(11 years ago)
Commons ChamberYes, I will take a special interest in ensuring that the Isle of Wight has access to the scheme. Many of the partners through which it is delivered are regional, but there are many national partners and much of it can be done online. I am sure that broadband internet is readily available on the Isle of Wight. If it is not, it soon will be. I will take a special interest in how many loans are taken up on the Isle of Wight.
This is welcome news, especially as the start-up businesses have gone on to employ a further 10,000 people. To build on that, what more can be done to encourage an entrepreneurial spirit within the education system to equip the next generation of young entrepreneurs?
I am grateful to my hon. Friend for adding to the statistics at my disposal. He is a doughty campaigner for enterprise in the education system. One of the main purposes of bringing together the skills and enterprise briefs is to ensure that the education system reflects and prepares people for the world of employment and enterprise. That is very close to my heart and I look forward to working with him to make it happen more.
(13 years, 10 months ago)
Commons ChamberMy hon. Friend makes her case with the passion to which we have become accustomed.
The third hole in the levy is that outdated threshold rules exempt approximately two thirds of betting shops from paying the full rate. Thresholds were brought in to protect small independent bookmakers, but because the threshold applies to the shop and not to the company, we have a proliferation of corporate betting shops up and down our high street—in Newmarket, we are about to get our 12th. This allows betting shops to profit from fixed odds betting terminals while avoiding some of the levy. Independent members of the levy board say that this threshold error costs racing some £10 million. They think that it should be abolished, and I hope that the Minister will listen.
As the vice-chair of the all-party group on small shops, I have real concerns about the point that my hon. Friend has just made about the threshold. Yes, many such shops are part of the big national companies, but a lot of them are independents. Even those bigger companies could close down many of their smaller shops, leading to job losses and further pressure on the high street and village shopping centres—it would decimate them.
Job losses in the racing industry, if it does not have a secure future, would far outweigh job losses that my hon. Friend mentions. What is more, large corporate betting shops are often split up to have two shops below the levy. It was introduced to protect independent bookies, and we would all welcome it if they were to be protected under a future scheme. But protecting small shops that are owned by large corporates was not the intention.
The charter proposes payments for customers in Britain who place bets on overseas racing. That hole costs some £13 million, and the independent members of the levy board say that that should be closed—I hope that the Minister agrees.
What should we do? In the short term, the Government can keep the ecosystem of racing alive by plugging the holes in the levy, by finding this year in favour of racing in the determination of the levy, and by fulfilling their promise to resolve the future of the Tote in a way that recognises its support for racing. But all sides agree that the levy is broken and needs radical reform. The bookies think that the levy is broken, racing thinks it is broken, the Secretary of State thinks that it is broken, and Members on both sides of the House seem to think that it is broken. No one wants the annual spectacle of ministerial decision about the funding of racing, not least because it unnecessarily antagonises relationships, wastes time and money and prevents a proper commercial relationship between racing and betting. Anyone who has witnessed the ugly and inaccurate adverts in past weeks can see the waste of money.
We need a system that leaves racing and betting to their commercial future and ensures that racing’s product is appropriately financed and protected. Some say that the levy should be abolished and nothing put in its place. They are saying that gambling should get something for nothing. Racing is clearly an input into betting, so of course betting should contribute to the costs of putting on a race. Everyone would like something for nothing, but no one would say that it is the basis for a commercial relationship, which is what the bookies say they are looking for. So let us have that commercial relationship. Let us formalise what it is that racing sells. If someone invented a new cancer drug, would someone else be allowed to replicate it without paying them for the research that went into developing the drug? We have all seen the scary warnings at the start of rented films saying that piracy is a crime. If hon. Members made a film, would they let someone else print off copies of it without contributing to the cost? Of course not.