Heather Wheeler
Main Page: Heather Wheeler (Conservative - South Derbyshire)(9 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text
Heather Wheeler (South Derbyshire) (Con)
I rise to speak because South Derbyshire is one of the fastest growing districts in the whole of the east midlands, and probably in the midlands and the whole country. One thing driving that growth in our economy is the massive manufacturing in our patch, and that is reflected in our need for more energy provision. We have given planning permission for two new power stations, and lots of conversations are being had with the people who are going to build them—some of the companies have been mentioned already, but others are new.
Why put at risk that growth and new build, those jobs, that fantastically efficiently produced new energy, that amazing amount of new income and regeneration, this amazing opportunity for new jobs and greater investment and confidence in an area with a superb history of coal production—not to mention the industries that went with it, such as clay, potteries and so on? Now we have car and other manufacturing industries, food and engineering industries—Rolls-Royce, JCB, Futaba; I could name so many, but I do not need to. Why risk all that by dangling this carrot of super new regulation? Why put at risk this incredible opportunity for new investment in South Derbyshire? “Nothing happened in 13 years. We didn’t get it right then. You’ve had four years and you haven’t got it right either”—that is the sort of tit-for-tat gesture politics that business people do not understand and which makes them so angry.
Julie Hilling
I do not understand the hon. Lady’s argument. Is she saying that new companies will not come into the market for fear of losing their licence if they abuse their consumers? Presumably, no company wants to enter the market believing it will abuse its consumers.
Heather Wheeler
I wish the hon. Lady was speaking from the Opposition Front Bench. The difficulty is we have not been told in what circumstances the Opposition Front Bench team would impose this regulation. They have not given us any examples—[Hon. Members: “Yes, we have!”] No, no, we have not had a direct example. They have been asked two or three times. Will the shadow Secretary of State give us some examples?
Caroline Flint
It is not the job of politicians to pick companies in any area of regulation. It is up to the regulators. As the hon. Lady will be aware, the regulator currently has a power to impose a fine that is 10% of a company’s global turnover. It is not for politicians to decide which companies the regulator should fine or investigate. We are saying that the regulator should have a sanction to remove a licence to supply where there is evidence of repeated behaviour contrary to customers’ interests. They already have a code and a threshold setting out what constitutes abuse.
Heather Wheeler
The right hon. Lady still has not got to the nub of today’s debate. I agree with my hon. Friend the Member for Warrington South (David Mowat): regretfully, this is gesture politics at its worst. I have had the pleasure of sitting in the Chamber since just before 2 o’clock—and that is absolutely fine; it is what we are paid to do—but I have heard the most vacuous debate I think I have heard in my four years here.
Heather Wheeler
I thoroughly enjoy the right hon. Lady’s company outside the Chamber, but this was the most vacuous debate I have heard in the four years I have had the pleasure of being a Member. What I want to hear from Members is new ideas. Who knows what might be in manifestos next May, but businesses need to know that if they are to make major investments—whether it is American, German, French or Chinese companies building these power stations in South Derbyshire—they are not going to get hoicked out over some peccadillo. It might be the Charity Commission going off on one and having to be reined in—giving power to quangos is a frightening thing. I think she is genuinely missing the point about what our constituents want in life. They want good jobs, steady incomes and good, solid power stations coming online, so that they know what they are doing. They do not want threats hanging over them that mean that investments will not be made. I am afraid the right hon. Lady has made a mistake with today’s debate.