Tuesday 14th March 2023

(1 year, 1 month ago)

Commons Chamber
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Michael Gove Portrait Michael Gove
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My hon. Friend is right, and he has been a fantastic champion for the residents of Cardinal Lofts and other people affected by this. I think I am right in saying that Railpen is the ultimate owner of the freehold for this building. It is the pension fund for those who work in the rail sector. There are good trade unionists on the board of that pension fund to whom I appeal to show the same degree of energy in helping working people as my hon. Friend. While pension funds of course have fiduciary responsibilities and all the rest of it, it is vital that we do right by the residents of this building. I hope I will have the chance to visit Ipswich soon, to make good on that commitment.

Lyn Brown Portrait Ms Lyn Brown (West Ham) (Lab)
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I thank the Secretary of State for his care in this matter, but I still have hundreds of constituents who are in financial limbo and mental turmoil because of safety problems that are not of their making. Frankly, West Ham is a building site at the moment. Stratford, West Ham, Plaistow and Canning Town all have major building contracts ongoing. If the developers are not on the “goodie” list of those who have signed the right bits of paper, what happens to that development and the oversight of it? I know that my constituents would want me to ask this: what will he be able to do for those who have not been fully covered by the remediation contract?

Michael Gove Portrait Michael Gove
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I am grateful to the hon. Lady for standing up so well for her constituents, as she always does. Actions have to have consequences. The overwhelming majority of developers have done the right thing by signing this contract. It would be wrong for anyone who has wriggled out of their responsibilities to be allowed to continue to make a profit when others are shouldering these responsibilities. It is the case that if a company is not on, as she puts it, the goodie list, that will be it—development will have to pause, and we will make sure that their shareholders and investors pay the price for the irresponsibility of their directors.

On the broader point, if the hon. Lady, on behalf of her constituents, would like to get in touch with my Department and, in particular, our recovery strategy unit, there may well be developments or buildings in her constituency that are not covered by this where there are freeholders or other people responsible whom we need to track down. We look forward to working with her.