(6 months, 3 weeks ago)
Commons ChamberThe right hon. Lady makes a sensible point. I, too, was struck by the reference to Professor Bloom and the role he played in different ways over the years. Doing justice to the report’s 2,500 pages and seven volumes, and coming up with a serious response, will take a bit of time. I recognise the Government’s collective determination to address this matter as quickly as possible in the right way, having listened to the will of this House. The first opportunity to do that will be a debate sometime after Whitsun, which I intend to open—someone from the Department of Health and Social Care will wind up—so that we can begin to outline, in policy terms, how these things can be properly addressed.
I thank the Minister for the thoughtful and thorough statement, which is so clearly informed by his extensive discussions with the community. I have spoken to him many times about my constituent Sally-Anne and her family, and how this devastating scandal has affected them. I hope that much of what the Minister has said today about compensation will provide Sally-Anne and others with comfort, but we all know that with the best will in the world, and even with the most planning, there will be difficulties in implementing such a massive, complex compensation scheme.
When the Minister said that compensation would not impact means-tested benefits, I felt a sense of relief, but we also know that there will be difficulties when Departments and computer systems have to speak to each other. Can I push the Minister to confirm that the community’s voices will continue to be heard by the arm’s length body, and that we will be able to adapt and change the scheme where necessary to ensure that it works on the ground, because I know that he has worked so hard for that to happen?
I thank my hon. Friend for her remarks and for her constructive point around how the arm’s length body needs to evolve and fit the communities’ expectations. I am absolutely committed to that. She mentioned her constituent, Sally-Anne. Every individual is a priority to me as the Minister, and we want to deliver this as efficiently as we possibly can. She talked about benefits disregards, and I have also mentioned tax disregards. The systems need to recognise what we are doing with these payments to individuals. We have tried to address everything we can think of to make this flow as quickly as possible, and I hope that that will be the case. My hon. Friend is welcome to speak to me again if there are other issues she wants to raise.
(2 years, 6 months ago)
Commons ChamberThe Government will always look constructively at all the options. In light of the representations made across this House and across the country for more interventions to support those facing increases in the cost of energy at home, we made those interventions. The Chancellor has made clear that we will reform and cut taxes on investment in the autumn to spur that growth and productivity, and we are working closely with industry on the best possible way to make those interventions.
Like most MPs, in my constituency I have businesses that the Government spent billions of pounds supporting through the pandemic that are now incredibly stressed by the current conditions. Most understand that the state cannot fix everything; they are looking at wider options and not expecting hand-outs. UK hospitality businesses are asking the Government to look at pausing green levies for businesses to relieve energy cost pressures, as other countries are doing or are considering. Will my hon. Friend say more about what the Treasury are looking at in that regard and whether that is something they are seriously considering?
In Gloucestershire, as across the country, we remain focused on the challenges facing both small and large businesses. As my hon. Friend mentions, during the pandemic we made a number of sector-specific interventions for retail, hospitality and leisure businesses, which will continue to benefit from the business rates holidays. We are keen to ensure, however, that we achieve better productivity, with more investment in capital, in ideas and in measures that will lift us to a new level of growth. That means interventions across the whole economy.
(3 years ago)
Commons ChamberThe Government have worked with the Financial Conduct Authority and we will continue to work with it and with credit agencies to ensure that those payment holidays have no impact on borrowers’ credit ratings. However, the checks that banks and financial institutions undertake need to reflect changes to individuals’ income. We do not seek to involve ourselves in commercial decisions. The mortgage lending rates to the self-employed are in line with those overall for the self-employed, but of course I will continue to work with the banks and financial institutions, and the regulators, to keep the situation under review.