It is very good of the hon. Gentleman, the Chair of the Select Committee on Communities and Local Government, to thank the Minister responsible for the northern powerhouse. We remain strongly committed to the devolution deal for the Sheffield city region. We will continue to work with local leaders, who have proposed a mayoral election for May 2018. We will also continue to discuss with local partners proposals for a devolution deal elsewhere in Yorkshire, including Leeds.
(9 years, 11 months ago)
Commons ChamberThe hon. Lady is right to raise the importance of credit throughout every region of the UK for everyone who thinks a vibrant growing economy is important. We talk regularly with the Treasury about these issues—for example, about the work we do through the British Business Bank, which has provided more than £2.4 billion of financing over the past four years, helping some 40,000 businesses, many of them in the north-west.
When people take the decision to start their own business, it is on the back of a great idea or they have skills which are useful, but for most people turning a great idea or skills into a business requires expert advice. What steps is the Secretary of State taking to ensure that that advice is available to potential entrepreneurs?
First, I know my hon. Friend speaks with experience. He is a very successful businessman and no doubt he has talked to many businesses about this. One of the ways we try to help is through the growth hubs. We have made sure that every local enterprise partnership in England has a growth hub and we have increased the financing that goes into that, so locally tailored advice is available to local companies.
(10 years ago)
Commons ChamberThe hon. Lady is right to raise the issue of skills in that industry. The first thing is to do everything we can to help it. Of course, the crisis has inevitably led to job losses, but the measures I referred to earlier will help to protect some of those jobs. We are also talking to a number of companies in the supply chain to see what we can do with skills training to ensure that those skills are transferable.
I can assure the House that the midlands engine is firing on all cylinders, but it does need fuel in the tank. Will the Secretary of State confirm that more than £2 billion was raised in venture capital in the UK last year, which was up 50% on the year before?
My hon. Friend talks about venture capital and the importance of attracting more and more investment across the nation, and of course in the midlands, too. I am sure he would be interested to know that over the last four years, the gross value added of the midlands region has increased by 15% or £27 billion, while the number of jobs has increased by almost 300,000.
(10 years, 2 months ago)
Commons ChamberWhat I accept is that these were the right set of changes. I considered the responses to the consultation carefully. It is important that we strike the right balance between the interests of the students, making sure that all who have the ability have the opportunity to go to university, and the interests of the taxpayer, ensuring that we have an affordable, sustainable funding system. That is exactly what the changes bring about.
Despite the negative comments from the Opposition, can the Secretary of State confirm that this year record numbers of young people secured places at university, including record numbers of children from disadvantaged backgrounds?
My hon. Friend is right. That is true of England. We have seen a record increase to 382,000 people in the past year, and the number of students from disadvantaged backgrounds has gone up from 9.5% to 18.2% in the past five years. In Scotland we have seen a fall in the number of students because Scotland does not have a funding system that allows all who want to go to university to do so.
(10 years, 5 months ago)
Commons ChamberMy hon. Friend shows just how much support there is among the general public for these reforms.
Does the Secretary of State agree that one of the problems with the unions using historical mandates is that, because time has elapsed, many of the employees who voted for strike action may have retired or moved employment in the meantime?
That is exactly the point I am coming on to.
When old mandates are used, it is not fair on union members. As my hon. Friend said, a two-year-old mandate is unlikely to reflect the latest negotiations and would fail to reflect changes in the workforce. To ensure that any industrial action is based on a current mandate from current members, the Bill provides a four-month validity period after a ballot result is announced.