(1 month, 2 weeks ago)
Commons ChamberI start by putting on the record my sheer admiration for a constituent of mine, Clive Smith, who was chair of the Haemophilia Society and has long fought for compensation following the infected blood scandal. This has been a long and painful journey for many, and I welcome the measures for victims in the Budget, building on the measures announced by the previous Administration.
Last night I spoke to a family-run business in my constituency that has been operating for over two decades. During the general election, the Labour party in Keighley and Ilkley knocked on my constituent’s door and promised that a Labour Government would back businesses like hers, and she believed it. Like many people across the country, she was reassured time and again that this so-called Government of service would not raise taxes on working people like her. As a result of last week’s Budget, my constituent now faces tax increases of over 130%. That complete hammer blow on a local family business in my constituency could force her to freeze wages, raise prices and even consider the business’s future, all to the detriment of those same working people that the Labour party in my constituency promised to represent.
That will be the reality not only for my constituent but for many other businesses right across the country. The Federation of Small Businesses, the Institute of Directors, the British Beer and Pub Association, Family Business UK, UKHospitality and Make UK—the list goes on—have all made it clear and warned businesses that the Budget will hit them hard. The independent Office for Budget Responsibility said that 76% of costs incurred by the rise in employers’ national insurance will be passed on to workers, and the Joseph Rowntree Foundation estimated that the average family business would be £770 worse off, yet we have Cabinet members constantly saying that everything is okay.
(1 year, 1 month ago)
Commons ChamberI will certainly look into the letter to which the hon. Gentleman refers, but I assure him that LHA and other housing matters are under constant review, and form part of the discussions that my Department has with the Treasury from time to time.
The Government are committed to ensuring that parents meet their obligations to their children and that the CMS has robust enforcement powers where parents refuse to pay child maintenance that they owe. The Child Support (Enforcement) Act 2023 received Royal Assent in July, and will substantially and rightly speed up that process.
(1 year, 6 months ago)
Commons ChamberI am determined to ensure that, regardless of their background or postcode, young people can succeed in Rother Valley and beyond, and that is why the DWP has introduced the youth offer. It includes youth employability coaches and youth hubs such as the one at the local football club, Rotherham United, which helps to build confidence and provides a range of mental health support as well as supporting neurodiverse local customers.
The jobcentre team in Keighley work with local employers and partners to arrange sector-based work academies to support hospitality businesses along the Airedale corridor. They also run an excellent initiative with Bradford Care Association and Keighley College to fill vacancies in the care sector.
Inactivity is down by 300,000 since the covid peak, and UK inactivity is lower than the OECD and European Union averages. Does the Minister agree that the recent labour market statistics provide very encouraging news about the positive work the Government are doing to reduce economic inactivity across the country, notably in areas such as my constituency?
My hon. Friend is right. Economic inactivity is down, employment is up and vacancies are down, thanks in part to the efforts of my hon. Friend and Keighley Jobcentre Plus, whose next jobs fair is on Wednesday week and will be attended by 17 employers across all sectors. I urge everyone in Keighley to attend as well.
(1 year, 9 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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I am not satisfied with where we are in relation to Access to Work, and that is why I am driving a real effort within the Department, which is resulting in more staff being dedicated to it. We are refining our practice, streamlining processes and reflecting feedback, particularly on workplace assessments and travel claims. Those are two areas where some really constructive ideas have come forward and we are now looking to roll them out.
As I said in relation to PIP, digitalisation is key to this. It is about making sure that processes are easy to access and navigate. When we bring those factors together, they will help us to make a meaningful difference in shifting the dial on Access to Work applications.
I welcome this health and disability White Paper, because we know that health issues may mean that people feel unable to carry on working or struggle to continue in the working environment. I thank my hon. Friend for the Government’s new £400 million fund to increase the availability of mental health and musculoskeletal resources. Does he agree that this support will help people across the country, including in Keighley and Ilkley, who need such support to stay in work for longer?
My hon. Friend is a brilliant champion for his constituents, and he is always arguing for improved employment opportunities for residents in his area. The Budget commitments, which my right hon. Friend the Secretary of State will no doubt touch on during today’s debate, amount to more than £500 million of employment support by 2025-26. That very much reflects the best practice that is being delivered out there in the country, building on it and cascading it further. I think it is fair to say that my hon. Friend’s constituents and mine, and those of hon. Members across this House, will feel the benefit of this work in the years ahead.
(1 year, 9 months ago)
Commons ChamberI am grateful to the hon. Lady for raising this issue in such constructive terms. I expect teams to be responsive to needs for reasonable adjustments. Perhaps she could share the details of the specific experience so that I can look into it. It is fair to say that staff go through ongoing learning, and we refresh the guidance at regular intervals.
Regardless of the form that PIP assessments take, the structure is the same. Evidence suggests that both forms are equally effective, but I hope that I can reassure my hon. Friend by saying that if individuals want to have a face-to-face assessment, they absolutely can.
(3 years ago)
Commons ChamberWe are investing in tailored work coach support for young people claiming universal credit and searching for work through our enhanced DWP youth offer. As of 5 December, as announced, 112,000 young people have started a kickstart job. Until March next year, young people can start that key six-month placement, which will support even more young people at risk of long-term unemployment.
Whether through the apprenticeship programme run by fantastic businesses such as Byworth Boilers in Keighley or training programmes run by Keighley College, my constituency has no shortage of people who are passionate about getting young people into the workplace. What further work is my hon. Friend’s Department doing to ensure that businesses, colleges and others can work together to create the best opportunities for our young people to get into work?
The opportunity to speak about youth hubs is too tempting. We have 150 new youth hubs across the DWP, crucially bringing together local partners from employment, training and skills to support young people. The Keighley youth hub, based in Keighley College, is a prime example, working in close collaboration with SkillsHouse, One Workforce and the community-led local development programmes. I hope that sells the youth hubs to you, Mr Speaker.
(3 years, 7 months ago)
Commons ChamberAcross Keighley and Ilkley, businesses care passionately about giving young people the skills they need for a successful career, and these include Byworth Boilers, an excellent business that offers apprenticeships to help local residents to take their first step on the career ladder. The desire from local businesses is there, but they often need Government help to turn this into a reality, so will my hon. Friend confirm how her Department is helping to give companies such as Byworth Boilers the chance to deliver for young people?
I am more than happy to support Byworth Boilers and all the local employers, and to extend my thanks to the businesses in my hon. Friend’s constituency and up and down the land that are putting forward opportunities to work with young people. I know that my hon. Friend works closely with the team at the Keighley jobcentre, who are in touch with many local employers including the Spoons Tearoom, Ideabean Software Technology and Superdrug, who are working together with the DWP to help to create new opportunities and progression for local jobseekers.
The hon. Gentleman is being ungracious. We are still at step 3 of the road map to recovery. Dare I say that the Scottish Government are putting up a roadblock to recovery by pursuing the whole independence agenda when they should be focused on the economic recovery? If the hon. Gentleman has specific constituency matters to raise, he is welcome to do so. As we go through the steps, we will see even more kickstarters taking full advantage of the generous support, which will help them and employers alike.
We are the first G7 country to legislate for net zero and lead the world in sustainable environmental investment, with the Task Force on Climate-related Financial Disclosures and more, all of which address climate change. It was a pleasure to visit Airedale Springs, which is a great company that is doing good business but with due regard to climate change. That is our approach to UK pensions as we build back greener.
(4 years, 1 month ago)
Commons ChamberI thank the Minister for his intervention, but, frankly, it does not go far enough, which is why I am speaking to these amendments.
The previous speaker, the hon. Member for North Norfolk (Duncan Baker), is a member of the Environmental Audit Committee. I was a member of that Committee in the last Parliament, and there was an inquiry into greening finance, chaired by Mary Creagh. We found that the UK’s financial investment chain was structurally incentivised to prioritise short-term profits rather than long-term issues including the climate crisis. That needs to change. Long-term sustainability must be factored into financial decision making, and our report recommended mandatory climate risk reporting and a clarification in law that pension trustees have a duty to consider long-term sustainability, not just short-term returns.
We also emphasised in that report that enforcing those recommendations would push climate change further up boardroom agendas, where it is seriously lacking at the moment. We found through our inquiry that less than half of the 25 largest pension providers discussed climate risk at board level. Their pension schemes, including those of Aviva, Lloyds Bank and HBOS, were all considered to be less engaged than peers among the top 25, so I am particularly pleased to see that Aviva has been instrumental in supporting this amendment.
Disclosure is vital in driving awareness that pensions may be invested in fossil fuel projects, fast fashion, deforestation and extraction. Driving that awareness out there about where their money is going means that people can take control of their pension decisions and make informed choices. Pension funds risk seeing assets become worthless unless they wake up to the climate crisis. The former Governor of the Bank of England and current UN special envoy for climate action, Mark Carney, has said that we must
“align finance with society’s values…This will help deliver the world that our citizens demand and that future generations deserve.”
He said it could be
“the greatest commercial opportunity of our time.”
It is critical that the changes come into effect as early as possible, rather than just 2050 or sooner, if they are to correct the catastrophic trajectory of our climate. We must go further. Amendment 16 would make provision for current and future Governments to significantly strengthen the Bill through secondary legislation. We stand at the brink of climate chaos the likes of which we have yet to experience, but which unfortunately may become all too familiar. If we do not take the necessary action now, I am afraid that we will not get the future our children deserve to see.
It is a pleasure to follow the hon. Member for Cardiff North (Anna McMorrin), and it is good to see so many great contributions from hon. and right hon. Members from across the House. Pensions are a life asset—something that we build up over decades—and getting the policies right and working across parties is vital, so it is fantastic to see such unity and cross-party working on many of the issues contained within the Bill.
As my hon. Friend the Minister has said, the Bill makes our pensions safer, better and greener. I will focus my contribution today on that final point: pension policy becoming greener. Tackling climate change and getting to net zero is undoubtedly one of the country’s biggest challenges, and it is a top priority for me. The clock is ticking, and we all need to take action, from big corporates right down to the actions we take as individuals.
In September, I was delighted to welcome the Pensions Minister to Haworth in my constituency to visit Airedale Springs, a fantastic local manufacturing business in the Worth valley. It supplies mechanical springs to UK manufacturers such as Brompton Bikes. Crucially, it is innovative, and a green business, too. The roof of its factory has more than 100 solar panels, helping to supply its energy needs and power the business, and I want to see firms across our country adopting those kinds of innovative practices.
Our pension funds have trillions of pounds invested in assets under management, and that pension power can help us work towards achieving net zero, because when someone saves money into pensions, the pension provider takes the money and invests it in order to secure a long-term return for retirement. When those savings are in sustainable and ethical investments, such as businesses adopting similar practices to Airedale Springs, the pension can play its part by helping not only with retirement but with climate change.
The changes legislated for through the Bill open up a world of possibilities for our pensions to be invested in new and innovative technologies for the future, such as wind power, hydrogen and carbon capture and storage—technologies that help create jobs and aid the transition towards net zero. The Bill means that for the first time, pension schemes will be able to be required to take the Government’s net zero targets into account, as well as the goals of the Paris climate agreement.
I want to take a moment to address some of the amendments before the House. On amendments 16 to 24, the reality is that the Government are already taking powers that will require trustees to set targets for their management of climate risk. So surely an approach whereby we nudge pensions towards investing in a sustainable and ethical way is the right approach, and that is the one that the Government are taking. Mandatory targets would, in my view, undermine the duty that pension trustees have to invest in the best interests of the people whose pensions they are investing.