Oral Answers to Questions

Ruth Edwards Excerpts

Monday 7th February 2022 Commons Chamber

[Dr Coffey]

As the hon. Gentleman will be aware, it is for the Home Office to make that decision, and of course, people who are in that situation can apply to the Home Office for it to be changed. It is a fundamental principle that if people are coming into the country, we want people to be able to support themselves, rather than rely on extra support to which they knew they would not be entitled.

[Ruth Edwards (Rushcliffe) (Con)]

Jobcentre staff across the country are doing excellent work getting people back into jobs, but a team in the east midlands led by my constituent Nicola Brindley are also doing fantastic work on top of their day jobs to spot jobcentre users who are victims of domestic abuse, and connect them to the help they need. The scheme is called J9; it is named after a lady called Janine Mundy, who was murdered by her former husband. Will the Minister join me in thanking Nicola Brindley and her amazing team of volunteers, and will she come to Nottingham to meet with the J9 team and learn more about the incredible work they do?

[Mims Davies]

I thank my hon. Friend for highlighting that brilliant work. It is efforts such as those—the flexible support fund, the trust and empowerment that we have in our jobcentres, and working with the employer covenant on domestic abuse and getting people into work and back on their feet—that are changing lives every day, in Rugby and other local areas. I am delighted by DWP staff across the land, and proud of them.

Universal Credit and Working Tax Credit

Ruth Edwards Excerpts

Monday 18th January 2021 Commons Chamber

[Ruth Edwards (Rushcliffe) (Con) [V]]

Ten months ago, the shutters came down on businesses across our economy. People’s whole way of life changed overnight. The impact was unprecedented.

In answer, we needed an unprecedented response, and the Government delivered, as my hon. Friends have said, through a £280 billion support package. That support helped businesses across the country survive and save jobs through grants, the furlough scheme, the self-employed income support scheme and Government-backed business loans. That support helped families pay their bills and put food on the table through the council tax hardship fund, the covid winter grant scheme, increasing Healthy Start payments and establishing a £220 million holiday activities and food programme. That support gave people security over the future of their home through a six-month mortgage holiday and a temporary ban on eviction for renters.

The Government’s response has been praised by international bodies such as the IMF as one of the best support packages in the world, but even that was not able to save every job, so we invested billions to help people get back into work through apprenticeships, the kickstart scheme and one-to-one coaching. We have doubled the number of work coaches and injected billions of pounds into the welfare system, boosting universal credit and working tax credit by £1,000 a year for 12 months.

The Leader of the Opposition says he wants to scrap universal credit, yet today his party is arguing to keep this temporary increase. Surely it cannot have both. Labour’s proposal today would cost £6 billion per year. How would they pay for it? Would they increase income tax by 1% for 30 million taxpayers and put 5p on fuel duty? Would they increase VAT to at least 21%? Or would they raid one of our job creation schemes or existing support packages, or one of the new commitments we have already made—the commitment to increase the national living wage, worth £345 a year to someone working full time, or those to help 3.5 million families pay their council tax and to maintain the increase in the local housing allowance?

Those are big commitments, which are important to families up and down the country, including those who receive universal credit and working tax credits. It is right that we have made them and that we support people further, but how we do that should be properly considered and costed in the Budget.

Oral Answers to Questions

Ruth Edwards Excerpts

Monday 27th January 2020 Commons Chamber

[Jerome Mayhew (Broadland) (Con)]

1. What steps she is taking to work with pension funds to encourage them to make investment decisions that help tackle climate change.

[Ruth Edwards (Rushcliffe) (Con)]

3. What steps she is taking to work with pension funds to encourage them to make investment decisions that help tackle climate change.

[The Parliamentary Under-Secretary of State for Work and Pensions (Guy Opperman)]

With over £1.6 trillion in assets, UK occupational pension schemes have a significant role to play in supporting the Government’s commitment to net zero by 2050. Our environmental, social and governance regulations, introduced by this Conservative Government in October 2019, mean that schemes are now required to disclose their policy on climate change. In March, we intend to publish game-changing guidance on climate-related financial disclosure. I have written to the 50 largest schemes in the country to urge them to act on their investment duties and to tackle climate risk.

--- Later in debate ---

[Guy Opperman]

I welcome my hon. Friend to the House, and I am happy to meet him—that will happen very soon. His constituent should understand that Parliament collectively required a £30,000 threshold whereby no individual can withdraw their defined benefit pension without first receiving advice from an independent financial adviser. As a Conservative, I am of course very keen for individuals to make their own decisions about their own money, but this decision was made and it ensured that an individual is protected from a decision without advice.

[Ruth Edwards]

As my constituents in Rushcliffe save for their retirement, they want to know about the potential financial risk to their pension pots from climate change and that their savings are helping to tackle, rather than embed, the climate crisis. My hon. Friend has done a lot to ensure that ESG plays a key part in pension providers’ decision making. Will he consider requiring them to disclose their exposure to climate-related risk to their members?

[Guy Opperman]

It is a pleasure to welcome my hon. Friend to the House. She obviously knows that Ken Clarke was a legend to us all, and I am sure that she will be a great champion on behalf of the citizens of Rushcliffe.

Sadly, too few schemes are making any form of disclosure about their environmental investments and their climate risk, and I am determined to change that. Every private occupational pension holder should be able to know, individually, how their fund is invested and be able to hold the trustees and asset managers to account.