"As part of our local commemorations, I am leading a project that will see schools, veterans organisations, sports bodies, clubs, societies and the wider community in Basildon and its two twin-towns of Heiligenhaus in Germany and Ville de Meaux in France come together to create a unique trilingual exhibition exploring …..." Stephen Metcalfe - View Speech
That this House notes that, when Visteon UK Ltd was spun off from the Ford Motor Company, employees transferred from Ford’s pension scheme into the Visteon UK pension fund on the clear understanding that their pension rights would be unaffected; further notes that, when Visteon UK …..." Stephen Metcalfe - View Speech
"I could not agree more, and the issue transcends any legal debates that might be in a court of law. This is about trust and moral responsibility, and a fine company such as Ford has unfortunately blemished its character by not living up to the expectations of its former employees. …..." Stephen Metcalfe - View Speech
"Absolutely. As I have said, this is a stain on Ford’s character and it does not live up to people’s expectations of a blue-chip brand that has been in this country for more than 100 years. That is why I have taken up the issue with such passion over the …..." Stephen Metcalfe - View Speech
"With great sadness I must agree with my hon. Friend. When the chief executive of an entity the size of Visteon says that he could never work out how it was going to succeed, we can draw the conclusion that it was set up to fail. Someone somewhere must have …..." Stephen Metcalfe - View Speech
"I have not, but I have confined my research to this issue. There was a trend back in the late 1990s and early 2000s for large motor companies to spin off their parts manufacturer and create separate entities, but Visteon never had a chance, certainly in the UK, as demonstrated …..." Stephen Metcalfe - View Speech
"My hon. Friend makes an excellent point. The root of the issue does not lie at the door of the Government, but the Government can do more to protect workers, particularly on how the Pension Protection Fund cap operates when long service is involved. The Government need to ensure that …..." Stephen Metcalfe - View Speech
"Does my hon. Friend agree that had the situation occurred in the United States and 3,500 employees who had worked for such an iconic corporation were banging on Ford’s front door in Dearborn because they had had their pensions reduced so dramatically, the issue might have been solved long ago? …..." Stephen Metcalfe - View Speech