UK-China Economic and Financial Dialogue

Debate between Rachel Reeves and Gavin Williamson

Tuesday 14th January 2025 Commons Chamber

[Rachel Reeves]

I will always stand up for Britain’s national and economic interest, which is why I am helping some of our best businesses to export around the world. That is what I did in China at the weekend, and it is what I will continue to do. I will always stand up for our economic interest.

[Sir Gavin Williamson (Stone, Great Wyrley and Penkridge) (Con)]

Has the Chancellor of the Exchequer spoken to the Governor of the Bank of England about what action needs to be taken to bring about stability in our bond markets?

[Rachel Reeves]

I regularly speak to the Governor of the Bank of England; indeed, he was with me on the delegation to China this weekend. We work closely together to ensure that the British economy remains competitive in global markets.

Oral Answers to Questions

Debate between Rachel Reeves and Gavin Williamson

Tuesday 3rd December 2024 Commons Chamber

[Rachel Reeves]

Stoke-on-Trent has a proud industrial history and some beautiful buildings. My hon. Friend makes an important point—I will raise it with colleagues at the Ministry of Housing, Communities and Local Government. The £500 million boost to the affordable homes programme also allows up to 10% of that delivery to come from acquiring existing homes. Social landlords, including some local authorities, can bid for funding to bring empty homes back into use for social housing.

[Sir Gavin Williamson (Stone, Great Wyrley and Penkridge) (Con)]

Many of my constituents have benefited over many years from the right to buy their council homes and social housing, which has given them an important step on to the ladder to home ownership. The discounts in Staffordshire are going to be cut to £16,000. I do not doubt that the Chancellor, like me, wants to help as many people as possible on to the path to home ownership. Will she pledge to review that decision with regard to the impact it will have on so many people, and look at restoring that discount in future?

[Rachel Reeves]

As the right hon. Gentleman will know, home ownership fell under the previous Government. We are determined to turn that around and ensure that more people, particularly families, get on to the housing ladder. As he has confirmed, the right to buy discounts will continue, but in future every penny of that money will go back into building new social housing, so that more people can have a home of their own and a roof over their head.

Educational Settings

Debate between Rachel Reeves and Gavin Williamson

Wednesday 18th March 2020 Commons Chamber

[Gavin Williamson]

I can absolutely give my hon. Friend that reassurance, and I very much take on board the point he makes about the need for flexibility for schools to be able to demonstrate some discretion.

[Rachel Reeves (Leeds West) (Lab)]

Parents may not be key workers but they will be key workers in their homes, because they are the ones who are paying the mortgage, the rent and the bills. So if parents cannot go out to work because their children cannot go to school, who will pay their salaries?

[Gavin Williamson]

In this statement, we are dealing with making sure that we have the provision we need for those key workers in order to sustain our NHS, but I very much accept that many wider issues are raised as a result of this. That is why we have had some reluctance to be in a position of closing schools rapidly, but when the evidence and the science point out the fact that we need to make changes, it is right that we do so.

Oral Answers to Questions

Debate between Rachel Reeves and Gavin Williamson

Monday 9th September 2019 Commons Chamber

[Gavin Williamson]

My hon. Friend raises an important point. We have already increased the amount of the levy being directed in that way from 10% to 25%. We will very much look at working closely across the whole region of East Anglia on how best we can support this important initiative that makes sure that young people who want the training and people who are retraining have the right skills to be competitive in the jobs market.

[Rachel Reeves (Leeds West) (Lab)]

Last Friday, I met graduates of the Forging Futures scheme at Kirkstall Forge in my constituency. Those young people, who were previously not in education, employment or training, now have a bright future to look forward to, but because that is a pre-apprenticeship scheme it gets no Government funding. Will the Government look again at funding such schemes to give young people, such as those I met on Friday, a better future to look forward to?

[Gavin Williamson]

I would be very happy to look at the details of the scheme that the hon. Lady outlines. It is important for everyone on both sides of the House that we do everything so that those who need the maximum amount of support always get it.