Owen Smith
Main Page: Owen Smith (Labour - Pontypridd)Department Debates - View all Owen Smith's debates with the Wales Office
(12 years, 11 months ago)
Commons ChamberOrder. The House must come to order. We are discussing matters of intense interest, especially to the people of Wales.
8. What assessment she has made of the likely change in levels of public sector employment in Wales in the period up to 2017.
A forecast of public sector job losses was published last November by the Office for Budgetary Responsibility. It was based on UK-wide macro-economic data and no regional breakdown is available.
As we have heard this morning, it is not only public sector jobs that are at risk in Wales. Does the Under-Secretary agree that the Peacocks jobs in jeopardy in my constituency and throughout the country are at risk largely because of the Government’s economic decisions to choke off consumer demand and raise VAT?
Of course, I share the hon. Gentleman’s concern about the plight of Peacocks. However, so far as I can see from the reports that I have had to date, it is nothing to do with the Government’s economic policy, but everything to do with Peacocks’ banking arrangements. The Wales Office is intensely concerned about the matter and will continue to express concern.