I have listened carefully to the hon. Lady. Rightly, many people, including her constituents, will want to know what impact this could have. I think they would equally want to compare it with the alternative as well, and judge for themselves whether they would better off with the proposal from the trustees. There is a lot more information in the consultation document, but I am sure that over the next few weeks more will be available.
I welcome the statement by my right hon. Friend. As these important discussions about the pensions continue, will he assure me that all the rest of the work to support the steel industry continues? With that in mind, may I congratulate him on his announcement on rolling out the guidance on procurement practice to the whole public sector, and ask what he is doing to ensure that UK steel companies are aware of bidding opportunities and are best placed to win contracts?
I thank my hon. Friend for her comments. I can absolutely assure her that we continue with the rest of the work, which began a long time ago, including on energy costs, emissions regulations and unfair trading, but of course on procurement as well. One of the streams on procurement, as she suggested, is ensuring our procurement pipeline. Over the next five years we have the biggest infrastructure pipeline of any Government, and that is well known to all steel suppliers and producers.
(8 years, 7 months ago)
Commons ChamberWe are working with the Labour First Minister and his Government. Both Governments understand just how important this is, and I think it is also important for us to continue to work together. As for the question of timing, I believe, as I said earlier, that Tata is sincere in its commitment to a reasonable time frame and a reasonable process. I have no reason to think that that will not be the case. Tata continues to show flexibility, and I hope that things stay that way.
9. What steps his Department is taking to support people who want to start their own businesses.
(8 years, 9 months ago)
Commons ChamberI shall carry on for a while. Other Members will want to speak.
Of course, the Bill is about much more than just Sunday trading. It will create an institute for apprenticeships, which will help British businesses to develop the talent that they will need to compete in the years ahead; it supports our deregulation agenda, making it simpler to do business; it addresses the issue of business rates; it will help to release pub landlords from restrictive contracts; and it will give the Green Investment Bank the freedom and flexibility that it needs to grow.
I am particularly proud of the measure that will create a small business commissioner. I have seen for myself, too many times, how hard it is for a small business or sole trader to challenge a larger firm. I have seen how late payments, unfair charges and other obstacles may not just make it harder to do business, but actually drive companies to the wall. The creation of a small business commissioner will make a real difference in tackling such problems, and I am pleased to note that it has widespread support.
Before I entered the House, I had more than 25 years of experience in a small business—in fact, a micro-business. I have previously drawn Members’ attention to my entry in the Register of Members’ Financial Interests. Does the Secretary of State agree that this is exactly the sort of thing that we should be doing for small businesses throughout the country, in order to tackle the real difficulties that they experience as a result of late payments?
I agree wholeheartedly with my hon. Friend. I think that the measure will make a huge difference. Small businesses are often held back from challenging larger firms, and I hope that it will give many of them the confidence that they need.