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When I negotiated in Government alongside the trade unions in the discussions with General Motors to save and then expand the plant, it was clear that the whole business model for Vauxhall car production—and van production at Luton—depended on the common standards in the single market and the common tariff...
When I negotiated in Government alongside the trade unions in the discussions with General Motors to save and then expand the plant, it was clear that the whole business model for Vauxhall car production—and van production at Luton—depended on the common standards in the single market and the common tariff...
I congratulate the hon. Member for Harlow (Robert Halfon) on securing this Adjournment debate and on the very passionate and lucid way in which he set out his case. He has been an assiduous constituency MP when faced with a major closure and a lot of personal hurt. I very...
I congratulate the hon. Member for Harlow (Robert Halfon) on securing this Adjournment debate and on the very passionate and lucid way in which he set out his case. He has been an assiduous constituency MP when faced with a major closure and a lot of personal hurt. I very...
Motion to adjourn agreed to on question.
Motion to adjourn agreed to on question.
The inquiry that the Department is now carrying out will be into the conduct of the directors, and various consequences will flow from that. We cannot investigate the wider social consequences, but the hon. Gentleman is quite right that severe loss has been suffered, not just by the workers but by the Government, who are having to make up the redundancy pool.
The inquiry that the Department is now carrying out will be into the conduct of the directors, and various consequences will flow from that. We cannot investigate the wider social consequences, but the hon. Gentleman is quite right that severe loss has been suffered, not just by the workers but by the Government, who are having to make up the redundancy pool.
I send my sympathy to the Comet staff who have lost their jobs today, just five days before Christmas. When the Secretary of State carries out his review of what happened at Comet, will he look at how staff have lost bonuses and how staff who have served loyally for many years will not get their full redundancy packages, in spite of the fact that the Government are stepping in with £50 million?
The Government believe the UK economy should be supported by a framework of laws that ensures we have a strong and efficient labour market which is flexible, effective and fair. Today the Government are announcing a series of measures following outcomes from our employment law review process. Employment Tribunal Reform...
The Government believe the UK economy should be supported by a framework of laws that ensures we have a strong and efficient labour market which is flexible, effective and fair. Today the Government are announcing a series of measures following outcomes from our employment law review process. Employment Tribunal Reform...
We certainly do not have any doctrinal or other objections to foreign ownership. I spend a lot of my time trying to attract foreign investors to the country, but, as far as the royal charter is concerned, it is clear that the association with the monarchy is probably the most...
We certainly do not have any doctrinal or other objections to foreign ownership. I spend a lot of my time trying to attract foreign investors to the country, but, as far as the royal charter is concerned, it is clear that the association with the monarchy is probably the most...
Of course it does need to be done anyway, but as I explained a few moments ago, the key point about bringing in private capital is that it brings in investment as well as new and better methods of management. There are separate issues involved. However, the right hon. Gentleman...
Of course it does need to be done anyway, but as I explained a few moments ago, the key point about bringing in private capital is that it brings in investment as well as new and better methods of management. There are separate issues involved. However, the right hon. Gentleman...
We cannot do it in that way. Of course, other companies have access to the market, subject to strict conditions, but we envisage that Royal Mail will continue to be the universal service provider: that is the basis on which we are proceeding. The Bill puts in place three new...
We cannot do it in that way. Of course, other companies have access to the market, subject to strict conditions, but we envisage that Royal Mail will continue to be the universal service provider: that is the basis on which we are proceeding. The Bill puts in place three new...
It is a solution on which I hope that Members in all parts of the House can agree, including the right hon. Gentleman.
It is a solution on which I hope that Members in all parts of the House can agree, including the right hon. Gentleman.
I understand that my hon. Friend the Under-Secretary is very familiar with this and has spent a lot of time talking to the pension trustees. There is a whole set of reasons behind this deficit, one of which is that employees are living longer; another is that the pension fund...
I understand that my hon. Friend the Under-Secretary is very familiar with this and has spent a lot of time talking to the pension trustees. There is a whole set of reasons behind this deficit, one of which is that employees are living longer; another is that the pension fund...
Yes, it is true, but the liabilities are much bigger. I shall explain in a moment how we will deal with the assets. The pension deficit, which is the starting point, threatens the very existence of the company. It is draining cash from Royal Mail's modernisation and preventing it from...
Yes, it is true, but the liabilities are much bigger. I shall explain in a moment how we will deal with the assets. The pension deficit, which is the starting point, threatens the very existence of the company. It is draining cash from Royal Mail's modernisation and preventing it from...
I believe I have given my hon. Friend that reassurance. Royal Mail will not subsidise its competitors, protections will be built in and there will be a genuine regulatory level playing field in a way that has not been quite true in the past. Previous attempts at legislation on Royal...
I believe I have given my hon. Friend that reassurance. Royal Mail will not subsidise its competitors, protections will be built in and there will be a genuine regulatory level playing field in a way that has not been quite true in the past. Previous attempts at legislation on Royal...
I am not making these commitments as political commitments. They are enshrined in regulation—regulation that will be strengthened and has the force of law. Of course, that is political in the widest sense if one regards this Parliament as political. The protections are going to be legal and regulatory; this...
I am not making these commitments as political commitments. They are enshrined in regulation—regulation that will be strengthened and has the force of law. Of course, that is political in the widest sense if one regards this Parliament as political. The protections are going to be legal and regulatory; this...
I will take one more intervention and then move to a conclusion.
I will take one more intervention and then move to a conclusion.
I am going to go on to explain the new mechanism. Would the hon. Gentleman like to wait until I reach the end, or does he wish to intervene on that particular point?
I am going to go on to explain the new mechanism. Would the hon. Gentleman like to wait until I reach the end, or does he wish to intervene on that particular point?