(13 years, 6 months ago)
Commons ChamberI will certainly look at all the possible ways of putting the nationalised banks back into the private sector. I personally strongly support the idea of widening share ownership, so we will look carefully at the scheme that the right hon. Gentleman suggests. We also have to make sure that we secure value for money for the taxpayer as we try to fill in the great deep pit of debt that we were left by Labour.
Today hundreds of women in their 50s, supported by Age UK, have come to Parliament to protest against unfair changes to their pensions. The coalition agreement says that there will be no increase in women’s state pension age before 2020, yet under the Pensions Bill that increase will start in 2018. Why the U-turn?
Yet again, here is another reform important for making sure that our pensions system is affordable and sustainable that Labour has completely given up on. What we are doing with pensions is linking them back to earnings—something that was promised repeatedly but never done—and making sure that our pensions system is sustainable for the long term. That is what we are delivering—something never done by Labour.
(13 years, 8 months ago)
Commons ChamberMy hon. Friend makes an extremely good point. I know how difficult it is for motorists, and particularly for small businesses and families, when they are filling up at the pumps and paying more than £1.30 a litre. As we have said, we will look at the fact that extra revenue comes to the Treasury when there is a higher oil price, and will see whether we can share some of the benefit of that with the motorist. That is something that Labour never did in all its time in government, and it ought to be reminded of the fact that it announced four increases in fuel duty last year, three of which were due to come in after the election.
The £90 million of cuts to the budget of Leeds city council means that Bramley baths in my constituency will have its hours cut so that school children will not be able to swim there any more. How does that fit with the Government’s ambition for school sports and for the Olympic legacy for Leeds?
We do want to see a proper legacy come out of the Olympics. That is why we are funding the Olympics properly and why we have made it very clear that the extra money will be made available for school sport. But, if we look at education funding, we can see that funding per pupil is not being reduced. Because of difficult decisions being made elsewhere, which Labour has never supported, we are maintaining per-pupil funding for students throughout our country. That is the right decision, and it is one that the hon. Lady should get behind.