Oral Answers to Questions

Nic Dakin Excerpts

Tuesday 7th February 2012 Commons Chamber

[The Deputy Prime Minister]

One of the most important things is to intervene as early as possible. I pay tribute to some distinguished members of the Opposition who have provided important thinking on early intervention. That is one reason why, under this Government, hundreds and thousands of two-year-olds from deprived families will receive, for the first time ever, free pre-school support. Every single three and four-year-old from every family in this country will receive 15 hours of free pre-school support, and then they will benefit from the pupil premium: £2.5 billion of extra money targeted specifically on helping children at school. The evidence is clear: if we want youngsters to do well as they grow up, we have to help them in those crucial, early, formative years.

[Nic Dakin (Scunthorpe) (Lab)]

T11. About 300 job losses have been announced today at Lloyds TSB in Scunthorpe. What can the Deputy Prime Minister do to ensure that the high pay of bank bosses is not paid for by the jobs of hard-working bank staff?

[The Deputy Prime Minister]

The announcement from Lloyds will be of immense concern to the employees involved, and it is important that Jobcentre Plus and other resources are made available to react in those areas that are affected. Of course there is huge concern in all parts of the House and across the country about bonuses, particularly in our state-owned banks. Again, it would be much easier to take the hon. Gentleman’s party seriously if it had taken action on bank bonuses and not let them rip in the first place over the past 13 years.