(5 years, 6 months ago)
Commons ChamberI have a sense that by the time I have responded, inspiration will have struck the hon. Gentleman.
My principal responsibility is to ensure economic stability and the continued prosperity of this country. At this juncture, the best way to achieve that objective is to support a negotiated Brexit ensuring a smooth and orderly departure from the EU through a transition period to a new relationship that allows our mutual trade to continue to flourish.
Since the introduction of the minimum wage, only 14 employers have been prosecuted by HMRC for failing to pay the minimum wage. Does the Chancellor agree that that is a completely unacceptable state of affairs? What action is he taking to boost the capacity of HMRC to go after those who are not paying the minimum wage?
HMRC does take action against errant employers. It is always pleased to receive information on suspected non-compliance and will investigate any such cases. I am sorry that the hon. Gentleman had difficulty thinking of a question. Anticipating this situation, I have at least four or five potential questions that he could have asked me, and I am happy to show them to him afterwards.
(8 years, 6 months ago)
Commons ChamberT7. On 12 January, the Secretary of State told this House that China’s claim to be treated as a market economy should be judged through the prism of steel. Given that 70% of the Chinese steel industry is owned by the Chinese Government, will the Secretary of State now confirm that China should emphatically not be granted market economy status?
I think what the hon. Gentleman will find if he checks the record is that I had just come back from China where I had conveyed the message to the Chinese that their claim to market economy status, and the European Union’s consideration of that claim, would be judged through the prism of their actions in relation to steel. They gave me assurances then, as they gave us assurances in October, that they are seeking to address overcapacity in the Chinese market. We have just had a discussion this morning about this in Cabinet. I learned this morning that there are protests in China about the loss of steel jobs, just as there are in the UK and in other places throughout Europe. The reality is that we have a massive surplus of steel capacity throughout the world and we have to address it.