Mineworkers’ Pension Scheme

Debate between Stephanie Peacock and Jim Cunningham

Thursday 14th February 2019 Commons Chamber

[Stephanie Peacock]

I thank my right hon. Friend for her comments. She is absolutely right, and I will come on to talk about that in a moment. She talks about when the agreement was set up. The Minister admitted to me, in response to a written question asking what actuarial advice was taken, that

“no such advice was obtained”.

Can we consider that for a moment, Madam Deputy Speaker? This arrangement was put in place with no expert advice. It is little wonder that the initial prediction proved woefully inaccurate and the surplus has been substantially more than anticipated—and it shows.

The sheer amount of money that has been taken out by the Government since 1994 without returning a single penny is staggering. The Treasury has pocketed £4.4 billion since 1994.

[Mr Jim Cunningham (Coventry South) (Lab)]

I thank my hon. Friend for giving way, and I am sure many ex-miners in Coventry—we used to have two collieries—will be very grateful to her for securing this debate and for trying put some wrongs right. I am sure they will appreciate that very much, because a lot of them suffer from silicosis and other diseases. She is doing a great service to the miners.

[Stephanie Peacock]

I thank my hon. Friend. He is absolutely right that a lot of former miners are taking a great interest in this debate, not least because the Government have taken £617 million this year alone, on top of £102 million over the past two years. As if that was not already enough, they plan to take another £427 million over the next three years.

Insecure Work and the Gig Economy

Debate between Stephanie Peacock and Jim Cunningham

Wednesday 20th June 2018 Westminster Hall

[Stephanie Peacock (Barnsley East) (Lab)]

I beg to move,

That this House has considered insecure work and the gig economy.

It is a pleasure to serve under your chairmanship, Mr McCabe. I declare an interest as a proud member and former officer of the trade union GMB. I thank GMB for its support, and I refer hon. Members to the Register of Members’ Financial Interests.

Today’s debate is predicated on one simple issue: work in the UK is becoming increasingly insecure. A changing economy over the past decade has led to a boom in new jobs, which have combined to create a worrying picture of employment rights across our economy. Often under the pretence of offering flexibility, employers have exploited working practices to maximise profit at the expense of workers. The experience of being trapped in a low-paid job with no guaranteed hours, wages or security of employment, and of being unable to plan past this week’s rota or pay cheque, with fewer rights and lower pay than colleagues, is all too familiar for people across the country.

It is notoriously difficult to measure insecure work, which is in itself part of the problem, but some estimates put the number of people trapped in insecure employment well into the millions. The number of people in zero-hours or agency contracts alone is near the 1 million mark, while nearly 3 million people are underemployed and left seeking more hours than they secure week after week.

[Mr Jim Cunningham (Coventry South) (Lab)]

I congratulate my hon. Friend on securing the debate. We had an instance in Coventry a few years ago with a company called City Link. At Christmas, about 1,000 van drivers were laid off; those drivers rented their vans, and were left high and dry and could not get any redundancy money—so this is a timely debate. I hope that she will touch on the Taylor review, which I think did not go far enough. It could be called a whitewash, quite frankly.

[Stephanie Peacock]

I thank my hon. Friend for his intervention; I will indeed talk about that. He is right that the problem is not confined to small sections of our economy, but spread throughout. From tourism to retail, hospitality and our public services, the economy is dependent on these jobs. It goes far beyond genuine short-term work, such as meeting seasonal demand over the Christmas rush in retail, or the busy summer period at a caravan park. The balance of power is woefully skewed in favour of employers who use short-term contracts to minimise their responsibilities and maximise their profits at the expense of job security for their employees.

Areas such as my own in Barnsley are disproportionately affected. Former industrial towns and coalfield areas are disadvantaged communities that have been left behind by the economy and are taken advantage of. Where average wages lag far behind national levels, unemployment is higher and social mobility is appallingly low. Unscrupulous companies can offer insecure, low-paid work where the alternative is often nothing. In Barnsley, the switch to gig employment and short-term work in areas such as distribution in warehouses and our public sector means that too many people in my constituency simply cannot be certain that their job will last longer than the next rota. No matter how hard they work, their precarious employment leaves them with no chance to save up or plan for the future.