Business of the House

Nick Smith Excerpts

Thursday 1st February 2018 Commons Chamber

[Nick Smith (Blaenau Gwent) (Lab)]

Rent-to-own companies such as BrightHouse charge eye-watering interest rates for essential goods. The Financial Conduct Authority has just revealed that the average debt for rent-to-own customers has doubled. May we therefore have a statement and real action from the Government and FCA to keep this sector in check?

[Andrea Leadsom]

The hon. Gentleman raises a very concerning point about the debts people get into by using these high-cost lenders to facilitate the purchase of essential white goods, furniture and so on. I know from my time as City Minister that the FCA takes this incredibly seriously. It has capped the interest rates that such companies are allowed to charge, and it is doing further work to ensure that we protect consumers from the practices of some of those companies.[Official Report, 6 February 2018, Vol. 635, c. 6MC.]

Business of the House

Nick Smith Excerpts

Thursday 25th January 2018 Commons Chamber

[Andrea Leadsom]

I am grateful to the hon. Gentleman for putting thoughts into my mind about how I might vote. I will look at what amendments are tabled and make my decision, as will all Members, so that we reach the best solution that suits the desires of most Members. We cannot say categorically what the timing next week will be—we can never do that—but this will be the second debate on Wednesday 31 January.

[Nick Smith (Blaenau Gwent) (Lab)]

May we have a statement on the sale of high-caffeine energy drinks, which can be harmful to under-16s?

[Andrea Leadsom]

The hon. Gentleman is absolutely right to raise the fact that those drinks can be harmful to young people. I urge him to seek an Adjournment debate, which would be appropriate for that sort of subject, or to question Ministers in the next Health questions.

Business of the House

Nick Smith Excerpts

Thursday 18th January 2018 Commons Chamber

[Andrea Leadsom]

Because of the seriousness of the decision before the House, the two motions will not be amendable; it will be a case of either the first motion or, if that falls, the second motion.

[Nick Smith (Blaenau Gwent) (Lab)]

Today’s Financial Times reports pandemonium at some Carillion construction sites, and at PMQs yesterday there were no answers to concerns about the future of thousands of apprentices across the country, and there is much complexity over the various pension pots. May we have a Government statement on their progress in responding to this calamity?

[Andrea Leadsom]

We are of course taking every possible action to try to resolve the inevitable uncertainty when a company of this size gets into financial difficulties. The hon. Gentleman is right to focus on the issues for apprentices. My right hon. Friends are looking very carefully at what can be done. For those seeking advice, a webpage has been set up by the Insolvency Service, and there is also a dedicated website set up by the special managers PwC to provide more information to those individuals. The Government have set up a group to discuss the issues with trade unions and industry representatives, so as to be able to ensure that we get to the bottom of this as soon as possible.

Business of the House

Nick Smith Excerpts

Thursday 7th December 2017 Commons Chamber

[Andrea Leadsom]

We fully recognise that this is a difficult and sensitive issue, but I assure the hon. Lady that the mother will never be questioned about the incident by a member of staff from the Department for Work and Pensions or Her Majesty’s Revenue and Customs. They will simply take the claim and receive supporting professional third-party evidence. There would not be any requirement for evidence of a criminal conviction or a judicial finding. We have consulted on how the exemption should be implemented, and we have adjusted our approach to make sure that women get the support that they need and that additional financial support goes to those for whom it was intended.

[Nick Smith (Blaenau Gwent) (Lab)]

I am afraid that a steelworkers’ pension scandal is brewing. My constituents are worried about making the wrong decision on pension transfers, and the Financial Conduct Authority is providing insufficient support to steelworkers at this crucial time. May we have a ministerial statement and an action plan from the FCA to support steelworkers who are trying to do the right thing for their families?

[Andrea Leadsom]

Pensions are a complex subject, and anybody trying to make decisions needs the right advice. The hon. Gentleman is right to raise the issue and I encourage him to seek further guidance from the FCA so that he can provide support to his constituents.

Business of the House

Nick Smith Excerpts

Thursday 16th November 2017 Commons Chamber

[Nick Smith (Blaenau Gwent) (Lab)]

Today’s Financial Times reports concerns over a “feeding frenzy” by “unscrupulous” pensions advisers targeting steel workers in south Wales. Can we have a statement from the Government and action by the Financial Conduct Authority?

[Andrea Leadsom]

I am concerned to hear about the issue the hon. Gentleman raises and I encourage him to write to the Department, or to take part in oral questions, on that specific point, which seems to be of great concern.

Business of the House

Nick Smith Excerpts

Thursday 26th October 2017 Commons Chamber

[Andrea Leadsom]

I think there is cross-party support on this issue, and I am absolutely certain that the Chairman of the Backbench Business Committee would be interested in promoting such a debate in the Chamber. I join the hon. Gentleman in paying tribute to all those who made the ultimate sacrifice and remind hon. Members that next year we also celebrate the centenary of women’s suffrage. The contribution of women over the last 100 years or so is something we can all celebrate.

[Nick Smith (Blaenau Gwent) (Lab)]

Government reforms in 2015 led to the unlocking of pension pots for more than 200,000 people, but today’s Financial Times reports high-pressure sales tactics, scaremongering and mis-selling, so may we have a statement? It looks as if another pensions scandal is brewing.

[Andrea Leadsom]

I, too, saw today’s report and share the hon. Gentleman’s concern. It does look alarming, and I am sure that he will find a way to raise it with Ministers.

Business of the House

Nick Smith Excerpts

Thursday 19th October 2017 Commons Chamber

[Andrea Leadsom]

I say again that the Government are by no means doing as the hon. Lady suggests. We are listening. I have been absolutely clear since coming into this role that the Government are determined to listen to views from right across the House. That is evidenced by the work of the Department for Work and Pensions and yesterday’s statement, and, following yesterday’s debate, by our doing more to help those applying for universal credit, which Members across the House agree is there to help and support people, and which is succeeding in getting more people into work.

[Nick Smith (Blaenau Gwent) (Lab)]

The Government guarantee the mineworkers pension scheme, but 50% of the surplus goes back into Government pockets. They have had a £3 billion windfall. Mineworkers and their families want a better deal for their years of toil at the coalface. May we have a Treasury statement so that my uncle Desi, my uncle Jackie and their comrades get their fair share?

[Andrea Leadsom]

We all agree that the work done by coalminers over so many years to keep the lights on did a huge service to this country. The hon. Gentleman might well wish to raise this issue at Business, Energy and Industrial Strategy questions, or through an Adjournment debate.

Business of the House

Nick Smith Excerpts

Thursday 14th September 2017 Commons Chamber

[Andrea Leadsom]

I know from my time as Secretary of State for Environment, Food and Rural Affairs that the science is not entirely clear. There is very clear qualitative evidence that culling badgers reduces the incidence of bovine tuberculosis. We know that badgers carry bovine TB, and that there is a worldwide shortage of the vaccine that could be used for badgers. World guidelines state that we should not be using that vaccine—it is a human vaccine—on badgers for the time being.

There is a lot of work going on in the Department for Environment, Food and Rural Affairs to make sure that the culling is humanely carried out under very strict conditions and supervision. I think that we must allow the best science to prevail, because bovine TB is destroying farmers’ livelihoods and their lives. It is heartbreaking to see the stories of farmers who are trying to deal with having to have their whole herd culled as a result of one breakout of bovine TB. It is not something that we can just ignore.

[Nick Smith (Blaenau Gwent) (Lab)]

Can we have a statement on tax evasion by websites such as Amazon? Her Majesty’s Revenue and Customs believes that Amazon is being obstructive about providing data that would make it possible to crack down on fraud. When are the Government going to stop this digital giant helping to rip off the taxpayer?

[Andrea Leadsom]

The hon. Gentleman will be pleased to know that HMRC has been enormously successful in its compliance measures against avoidance and evasion, and that since 2010 it has achieved more than £150 billion of revenue from its work in this area. The Government are working hard to tackle online VAT fraud, and we have announced joint and several liability from September 2016 as part of a package of Budget measures to tackle VAT fraud in online sales. The problem is a complex international one, but the UK is the first country to introduce a power making online marketplaces jointly and severally liable for the unpaid VAT of overseas sellers. We are leading the world in this work, but there is more to do. I share the hon. Gentleman’s disgust at any company that seeks to avoid taxes in such a way.

Business of the House

Nick Smith Excerpts

Thursday 7th September 2017 Commons Chamber

[Nick Smith (Blaenau Gwent) (Lab)]

May we have a statement on the powers of the Financial Conduct Authority? Its slowness in taking action against sky-high interest rates in the rent-to-own sector has left hard-up families paying through the nose for cookers and for cots.

[Andrea Leadsom]

It is incredibly important that financial conduct is carried out meticulously, and the regulator has strong powers to ensure that people behave appropriately. There are all sorts of issues around financial conduct at all times, and I think the FCA does a good job, but if the hon. Gentleman wants to raise a particular issue, I recommend that he tries to arrange a Westminster Hall debate on that specific point.

Business of the House

Nick Smith Excerpts

Thursday 13th July 2017 Commons Chamber

[Andrea Leadsom]

The hon. Gentleman will appreciate that I cannot possibly explain to him why the Secretary of State for Scotland thinks something or does something; I am sure he will realise that that is not a question for me. However, I am extremely pleased that the hon. Gentleman now acknowledges what I did say in some spirited fashion last week, which was that I absolutely recall the Secretary of State for Scotland standing up for Scottish people on protecting and promoting the oil and gas sector—he continues to do that. If the hon. Gentleman would like to talk to him about it, I am sure he will be able to speak for himself about exactly where he is on his support for the people of Scotland.

[Nick Smith (Blaenau Gwent) (Lab)]

I am lucky in my constituency to take part in parkrun on a Saturday morning; hundreds of local people now run regularly because the Parc Bryn Bach athletics club has its own Couch to 5k programme. May we have a statement on promoting physical activity and improving public health? Finally, why will the Government not give us our fair share of Opposition day debates for the next two years?