Parliament's party history for this member: Labour ( – present).
Register of interests
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8. Miscellaneous
Director of Labour First Ltd. This is an unpaid role.
Parliamentary Labour Party Representative on the Labour Party National Executive Committee where I am Chair of the NEC Complaints and Disciplinary Sub Committee and a member of the Officer Group. This is an unpaid role.
I welcome the Home Secretary’s statement, particularly the provision for care workers to obtain settlement on their existing five-year route. What support and provision are being offered to those who came here on a care visa and are tied to exploitative sponsors, or those who have been unable to continue working as care workers because of exploitative sponsors?
I am pleased that this Budget sets a clear priority to address the cost of living. More than 44,000 households in my Smethwick <span id="644" class="column-number" data-column-number="644"></span>constituency will receive the £100 payment to help with their energy bills, and the business rates freeze will benefit 52% of retail, hospitality and leisure properties in the west midlands, including 1,198 properties in my constituency.
It is clear that decisions taken by this Labour Government, the current Chancellor and the previous Chancellor have been instrumental in keeping UK growth at the top end of growth in all G7 countries. Furthermore, in the past two years the Government have set out an ambitious programme of investment in key industries, including in nuclear energy, green energy and defence industries to name a few. Alongside that public investment, those industries will need crucial private investment to grow to their full potential. For that reason, I would have liked to see the restoration of the 30% up-front income tax relief for venture capital trusts, which was reduced to 20% at the last Budget, as that relief is vital in supporting British small and medium-sized enterprises in their early stages of development.
Venture capital trusts already support over 1,100 British companies, predominantly in tech sectors, employing over 100,000 people and generating £21.8 billion in revenue in the last year alone. Those businesses often have high up-front costs, long development cycles and uncertain terms that can make conventional finance difficult to secure. In 2006, when the relief was reduced from 40% to 30%, fundraising reduced by around 65%, and it took 16 years for it to recover. At last year’s Budget, the relief was reduced further from 30% to 20%, and as a result, industry estimates suggest a decline in fundraising of anywhere between 30% and 60%, which is equivalent to between £1.25 billion and £2.5 billion less growth equity for UK scale-ups over the next five years.
Restoring the 30% relief would incentivise investment in SMEs across the country to support Government investment. It would allow investment into firms that are crucial to the supply chains that will help to secure our place as a global leader, build our national resilience and deliver growth in every postcode. Every pound invested by VCTs unlocks an additional £2.33 in funding from additional sources. The Treasury has already shown a willingness to support small businesses. Indeed, last year the then Chancellor listened to the industry and implemented changes that it had been requesting for many years. I hope that the Treasury will consider restoring the relief to 30% as part of a wider industry strategy that supports our ambition for growth in every postcode.
<Question HRSContentId="{263AEAA9-EE73-4D56-96C5-DAB56BAE3AEA}">T6. <QuestionText HRSContentId="{03E9F854-0F5B-432B-ABD2-31A3F39D3D93}"></QuestionText>Will the Minister update the House about the steps that the Government are taking to tackle the Ebola outbreak in the Democratic Republic of the Congo?</Question>
I welcome the Minister’s statement and the ministerial team’s engagement with Members to understand the concerns of our businesses. I have previously raised the challenges faced by downstream producers in my Black Country constituency. Pargat Housewares, which uses steel suitable for kitchenware, was facing a 60% hike in raw materials costs, and Hadley Industries is already looking to reduce headcount, which means knock-on effects in its supply chain. I welcome the increase in quotas and the removal of the majority of categories from the scope of the measure, but will the Minister explain how the Department has been and will be working with individual businesses to understand their concerns and support them going forward?
<Question HRSContentId="{FFE3FC94-06FA-4A4A-A840-CECF7A97A794}">3. <QuestionText HRSContentId="{BE15C9F9-784C-4572-8C0E-727D840B01B3}">What assessment she has made of the potential impact of increases in defence spending on Wales.</QuestionText> </Question>
In the King’s Speech, the Labour Government made it clear that our key priorities are national security, economic security and energy security. Those three priorities have one thing in common: the promise of jobs for communities across the whole UK. The defence growth deal stands to unlock some 50,000 new jobs across the UK, including 500 well-paid skilled jobs in Wales. Will the Secretary of State tell the House how defence spending is having a positive impact in Wales?
This issue has raised a great many concerns in my constituency and across the Black Country. I have been working closely with my colleagues in Sandwell in particular, and we have had many meetings with local companies and communication with my hon. Friends the Member for Tipton and Wednesbury (Antonia Bance) and for West Bromwich (Sarah Coombes).
Hadley Industries, a large employer, is already considering downscaling its number of employees. Pargat Housewares in my constituency, another large employer, is a significant manufacturer of pots, pans and bakeware—in fact, it is one of the largest manufacturers in the UK, supplying most of our superstores and exporting. However, steel suitable for kitchenware is not manufactured in the UK in significant quantities and at competitive prices. What advice would the Minister give you give companies that are facing a 60%—
At the beginning of the month, I attended the NATO Parliamentary Assembly spring session in Lithuania with representatives of NATO and other allies, including Ukraine. As you will be aware, Mr Speaker, the Labour party has a strong tradition, going back to Ernest Bevin, of maintaining a strong and effective defence for our nation both within NATO and independently. After 14 failed Tory years, and considering that other NATO countries are well ahead of us in the proportion of GDP they are spending on defence, what will the Minister do to ensure our armed forces receive the transformation they require to face modern-day threats, with an industrial sector to provide support, so that we do not betray Labour’s strong defence tradition?
I, too, thank the Home Secretary for her statement. As an Amritdhari Sikh, I wear the five Ks every day as part of my religious observance, including the kirpan, and as a Sikh, I really struggle to express the feelings of sheer horror that this case has generated within me, my family and my friends. It absolutely has been a horror.
The senseless murder of Henry Nowak should be condemned in its entirety by everybody. A young man’s life has been taken in his prime, and I wish to express my and my constituency’s full sympathy with and condolences for the family of Henry Nowak, who have shown incredible dignity in their grief. I totally condemn the action of Vickrum Digwa, the mindless, senseless murder and the lies. There is simply no religious justification for his actions. I am relieved that our criminal justice system and the courts came to the same conclusion, and that sentiment is shared universally across the Sikh community.
This case has raised many aspects of concern for my constituents—Sikh and non-Sikh—including issues of safety and knife crime, and the freedom to practise one’s faith. Will the Secretary of State meet me and colleagues to discuss these issues further?
<Question HRSContentId="{C5EB8A0A-CFCE-451E-B53A-F8FE8CD362B7}">1. <QuestionText HRSContentId="{DDC2CBA0-299F-4B5E-B770-F2BE9029C9DF}">What assessment he has made of the potential merits of introducing digital ID for businesses. </QuestionText></Question>