Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Simon Kirby Excerpts
Tuesday 19th July 2016

(8 years, 5 months ago)

Commons Chamber
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Jeremy Lefroy Portrait Jeremy Lefroy (Stafford) (Con)
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14. What assessment he has made of recent trends in the level of employment.

Simon Kirby Portrait The Economic Secretary to the Treasury (Simon Kirby)
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The employment level stands at 31.6 million, which represents more people in work than ever before. Over the past year, employment growth has been driven by full-time workers and by high and medium-skill occupations, showing that the recovery has produced high-quality employment, helping to boost productivity and raise living standards across the country.

Jeremy Lefroy Portrait Jeremy Lefroy
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I congratulate my hon. Friend on his well deserved appointment. In Stafford, employment is at record levels and the jobseeker’s allowance claimant rate has fallen since 2010 from 3.2% to 1.1%, but employers point out to me that there are increasing skills shortages. Will he have discussions with colleagues in the Department for Education about strengthening engagement between employers and schools on that subject?

Simon Kirby Portrait Simon Kirby
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My hon. Friend, as ever, makes an excellent point. Unemployment in his constituency has fallen by 2,700 since 2010. Skills are absolutely important and I will be having the conversation he suggests.

Ian Murray Portrait Ian Murray (Edinburgh South) (Lab)
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I welcome the new Economic Secretary to his role in the Treasury. I am sure he will bring a much-needed dash of colour and flamboyance.

Employment is incredibly important in my constituency and across Scotland. Will the Treasury give an absolute commitment today that not one penny of research and development funding that goes to the wonderful higher education institutions across Scotland, and particularly in my constituency, will be lost as a result of the EU Brexit decision?

Simon Kirby Portrait Simon Kirby
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The hon. Gentleman is, as always, very entertaining. The Chief Secretary has said that we will make an announcement in due course.

Alberto Costa Portrait Alberto Costa (South Leicestershire) (Con)
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T1. If he will make a statement on his departmental responsibilities.

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Suella Braverman Portrait Suella Fernandes (Fareham) (Con)
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T3. I congratulate the Chancellor on his appointment and ask that when he looks through his in-tray, he pick up the recent report from the all-party group on financial education for young people. I chaired the inquiry that produced the report, which concluded that while it was a positive step that financial education was included in the national curriculum, delivery was still too patchy, meaning that millions of children were ill-equipped to deal with money when they left school. Will my right hon. Friend commit to making that issue a priority?

Simon Kirby Portrait The Economic Secretary to the Treasury (Simon Kirby)
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I know that my hon. Friend takes a keen interest in this interesting and increasingly complex matter. It is very important that people have the skills they need to help them to navigate financial matters, which is why in 2014 the coalition Government made financial education part of the national curriculum in English schools. That said, I am quite happy to concede that there is more work to be done.

Patricia Gibson Portrait Patricia Gibson (North Ayrshire and Arran) (SNP)
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T6. Even excluding cuts to welfare and capital spending, the Office for Budget Responsibility forecasts that funding for day-to-day public services will fall between 2009-10 and 2019-20 by the equivalent of about £1,800 per head, while between 2014-15 and 2019-20, day-to-day spending per head is forecast to fall by £1,000 per head. What plans does the Chancellor have to reverse this dangerous trend?