Oral Answers to Questions Debate
Full Debate: Read Full DebateMatt Rodda
Main Page: Matt Rodda (Labour - Reading Central)Department Debates - View all Matt Rodda's debates with the Department for Work and Pensions
(3 years, 1 month ago)
Commons ChamberProbably the most obvious element is the £2 billion of funding for the kickstart scheme. Let me give a recent example of where I have seen kickstart work well: a young man in south-west Scotland started off an apprenticeship and was very quickly set aside, and then his confidence was rebuilt by a work coach and he managed to get into a kickstart placement and is now thriving. It is important that our 27,000 work coaches in well over 700 jobcentres already are making sure that young people are at the forefront in respect of the help we are seeking to provide.
One of Britain’s best-known companies, P&O, has failed to pay £140 million that it owes to the merchant navy pension fund. This debt could cause serious problems for the fund, which has 24,000 members who work in a wide range of firms far beyond P&O. Despite P&O owing this enormous sum, the Government have awarded its parent company two lucrative freeport contracts. Will the Minister explain how on earth the Government allowed this to happen? We are getting used to sleaze and cronyism; is this an example of sleaze and cronyism, or is it sheer, unadulterated incompetence?
The hon. Gentleman is a member of the Labour party. He will recall that it was the Labour party that set up the Pensions Regulator with operational independence to deal with these matters. He may have forgotten the basis on which the Pensions Regulator was set up, but I have not. It is a matter between the Pensions Regulator and the individual company, but I am sure that he will take that up when he meets the Pensions Regulator.