Oral Answers to Questions

Debate between Greg Clark and Luke Hall

Tuesday 16th July 2019 Commons Chamber

[Greg Clark]

The hon. Gentleman is absolutely right. We are evaluating the responses we have had from the creative industries and others on that issue. I fully recognise that it is an unresolved matter that we will address during the months ahead.

[Luke Hall (Thornbury and Yate) (Con)]

T4. The introduction of the national living wage has helped to raise the living standards of many of my constituents. What assessment has the Minister made of the impact of increasing the national living wage from 60% to 66% of median earnings and the ability of the retail sector to continue to grow its workforce considering that change?

Nuclear Update

Debate between Greg Clark and Luke Hall

Thursday 17th January 2019 Commons Chamber

[Greg Clark]

Sadly, when the Prime Minister was meeting the Prime Minister of Japan, I was in this Chamber winding up the debate on the meaningful vote. I would otherwise have been in their company, but I was doing my duties in this House. I was not at the meeting, but I can put the hon. Gentleman’s mind at rest. The involvement of the Prime Minister in this and other joint investments with Japan has been consistent and very long standing. As I said to the hon. Member for Vale of Clwyd (Chris Ruane), I have visited Japan many times to discuss this at the highest level with the Government and with the parties.

[Luke Hall (Thornbury and Yate) (Con)]

I thank the Secretary of State for coming to the House to set out his discussions in such detail. He will appreciate the level of concern in south Gloucestershire this morning, especially among the people who rely on the jobs at Oldbury and its supply chain, because of the uncertainty following this announcement. There are localised issues, such as the properties bought up around Oldbury that now lie vacant. People are unsure about the future of those properties and about some of the more specific, niche issues. Will the Secretary of State come to Oldbury and meet me to discuss the issue with local councillors, workers and stakeholders to make sure we can find a route forward?

GKN: Proposed Takeover by Melrose

Debate between Greg Clark and Luke Hall

Tuesday 27th March 2018 Commons Chamber

[Greg Clark]

Given the hon. Gentleman’s experience of Cadbury and Kraft, he will know that there was no possibility of taking any legally binding undertakings as to their future behaviour. We saw the consequences of that, as my hon. Friend the Member for Kingswood (Chris Skidmore) said. I have been very clear with the House that what has been extracted from the company by way of commitments is without prejudice to my statutory powers. Of course I will make the decision seriously, following expert advice from those concerned. In terms of commitments, the bidding company made certain statements in response to the Select Committee. It has made further statements in response to my letter. I dare say that the views of Members expressed today will be heard by both companies concerned and can be taken into account in the remaining days of the bid.

[Luke Hall (Thornbury and Yate) (Con)]

I welcome the Secretary of State’s statement. The shareholders include many of my constituents, who are relying on pensions from GKN. Can he reassure me that any decision taken by his office will be in the interests of all the people who are relying on those pensions for a comfortable retirement?

[Greg Clark]

I have been very clear with the company and in my discussions with GKN that the welfare of current and future pensioners is extremely important. We have a Pensions Regulator, which has the ability to scrutinise and advise on these matters, and the trustees are independent of the company. As I said in my letter, the pensions arrangements should be to the satisfaction of both.