Results 1–20 of 1084 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Rachel Reeves

Spring Statement (13 Mar 2018)

Rachel Reeves: Consumer credit has risen by 9% over the past year, and the ratio of household debt to income, at 138%, is rapidly approaching a level not seen since before the financial crisis. With interest rates now forecast by the OBR to rise faster than we previously envisaged, are we not asking consumers to keep the wheels on the road for the economic recovery? Is that sustainable, and is that the...

Business, Energy and Industrial Strategy: Carillion (13 Mar 2018)

Rachel Reeves: Following on from the question from the hon. Member for Cheltenham (Alex Chalk), when Carillion went bankrupt, many of the subcontractors had not been paid for 120 days. The money coming to Carillion was from the Government, so what are the Government doing to ensure that when they give contracts to big businesses, those businesses pay their subcontractors on time? Small businesses are the...

Business, Energy and Industrial Strategy: Topical Questions (13 Mar 2018)

Rachel Reeves: The Business, Energy and Industrial Strategy Committee has heard powerful evidence on why the Government should call in the Melrose bid for GKN on national security grounds, and the Secretary of State for Defence has written to the Business Secretary about the matter. Will the Business Secretary use his powers, before it is too late, to protect this great British engineering giant?

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

Rachel Reeves: It is an honour to follow the right hon. Member for Harlow (Robert Halfon). I welcome the Bill and look forward to its clauses becoming law in due course, with the impact that will have on energy bills. Of course, Labour first proposed action to tackle excessive energy prices in 2013. I look forward to hearing shortly, I hope, from my right hon. Friend the Member for Don Valley (Caroline...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

Rachel Reeves: When we took evidence from the big six companies and probed them on where their profits came from, they were very clear that their profits came from the standard variable tariffs. Centrica has a £287 difference between its standard variable tariff and its best tariff, while Scottish Power has a £333 difference between those tariffs. They are earning their profits on the higher...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

Rachel Reeves: I give way to the fellow member of my Committee.

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

Rachel Reeves: I hope that does not happen. Ofgem and the Competition and Markets Authority are putting the cap in place to make it easier for customers to switch. Northern Ireland, where there is a price cap, has as much switching as we do. The international examples suggest that we can have switching in a market that also has a price cap.

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

Rachel Reeves: Sorry, I am not going to give way again, otherwise I am going to get into trouble with Madam Deputy Speaker, and I am more scared of her than I am of my hon. Friend.

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

Rachel Reeves: Indeed. There are two areas where the Government need to take action to ensure that, once the price cap is over in 2021 or 2023, we do not go back to business as usual. First, they need to give greater clarity about what will happen to things such as the energy company obligation and the warm home discount once the price cap goes away. Secondly, I welcome the Secretary of State’s...

Domestic Gas and Electricity (Tariff Cap) Bill (6 Mar 2018)

Rachel Reeves: I thank the Secretary of State for giving way and I welcome the Bill, which will do a great deal to reduce the energy prices paid by consumers. On the point about helping the most vulnerable customers, one issue that we have is that data about who those customers are is not shared with energy companies. The Cabinet Office already has a consultation on showing this data as part of the Digital...

Oral Answers to Questions — Treasury: Major Infrastructure Investment (27 Feb 2018)

Rachel Reeves: It is now two years and two months since the Boxing day floods hit much of Yorkshire, including my constituency. Kirkstall in Leeds is no better protected from floods than it was on Boxing day 2015, and the Government still have not signed off money for the phase 2 Leeds flood alleviation scheme. When will that happen? The scheme is urgently needed to protect my constituents and local...

Taylor Review (7 Feb 2018)

Rachel Reeves: I welcome the response to Matthew Taylor’s review—seven months after he published it. The Minister’s response today seems to be “we are now consulting the experts”, but that is exactly what the Government did when they asked Matthew Taylor and his panel to undertake their review. I am afraid there is very little from the Government’s response today that...

Baby Leave for Members of Parliament (1 Feb 2018)

Rachel Reeves: My hon. Friend is making an incredibly powerful speech. Does she agree that, by the time we are done with this, we should match if not better the best Parliaments in the world? Also, may I just say that, physically, having the second child is harder?

Baby Leave for Members of Parliament (1 Feb 2018)

Rachel Reeves: I thank my right hon. and learned Friend for her powerful speech and for all the work that she has done over the years on these important issues. I am responsible for two of the 17 babies who have been born since 2010. When my first child was born almost five years ago, one of the campaigning organisations that email constituents about votes emailed my constituents to say that I had not...

Capita (1 Feb 2018)

Rachel Reeves: (Urgent Question): To ask the Minister for the Cabinet Office and the Chancellor of the Duchy of Lancaster to make a statement on the risk to public finances and public services as a result of the serious financial concerns at Capita, and on the Government’s contingency plans.

Capita (1 Feb 2018)

Rachel Reeves: I thank the Minister for his response, but I cannot help but conclude that the Government’s thinking on this is both muddled and complacent. He has told us that the situations at Capita and Carillion are completely different, but let us look in more detail at the circumstances of both companies: both have debts of more than £1 billion and pensions deficits in the hundreds of...

Business, Energy and Industrial Strategy: Carillion (30 Jan 2018)

Rachel Reeves: This morning, at a joint Select Committee hearing on Carillion, we were told by the chief executive of the Financial Reporting Council that, before and after the collapse of BHS, he had asked for greater powers to regulate companies and take action before things go badly wrong. He told us that there was a lack of Government interest in making the necessary changes. In the light of the...

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