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Proceeding contribution from Baroness Harman (Labour) in the House of Commons on Thursday, 15 October 2009. It occurred during Business statement on Business of the House.


Business of the House

As the hon. Gentleman said, the titles given to those Opposition day debates put a gloss on them. I had always understood it that debate titles were for hon. Members to know what the subject of the debate was and that they should not contain argument. Talk about "betrayal" and "failure" is certainly arguable and by no means a matter of fact. This is something that I am going to have to discuss with the Table Office. In the olden days, we could not put down titles like that; we put down what the facts were. We will have to see. We need a bit of traditional values in that respect. Turning to the hon. Gentleman's important point about the magistrates courts service, I will raise the matter with the Justice Secretary and see whether he wants to respond by writing to the hon. Gentleman or whether he thinks that there should be a written ministerial statement, as the next Justice questions are still some way off. The hon. Gentleman raised the question of youth unemployment. The unemployment figures for the most recent quarter were published yesterday, and, as he rightly said, the rate of increase in unemployment, including youth unemployment, is slowing. However, there is still an increase in unemployment, and in youth unemployment, so we have to ensure that we do everything we can to protect jobs in the economy and to help those who become unemployed. The Prime Minister has said on many occasions that youth unemployment is absolutely at the top of our agenda. We are not going to stand by and do nothing while a generation of young people are thrown on to the dole. That is why we put in place the education maintenance allowance and the guarantee for young people aged 16 and 17 to be able to stay in education and training, and it is why we are bringing in a guarantee that no one under 24 should go without a job or training for a year. We also continue to invest in the important work of the jobcentres. I am sure that this subject will be raised in next Monday's debate on economic recovery and welfare. The hon. Gentleman raised the subject of the conduct of the banks in two respects: loan facilities and bonuses. That, too, will be well within the terms of reference of next Monday's debate. On loan facilities, the Prime Minister said yesterday that we have agreements with the banks and that we are determined to enforce them. On bonuses, the Government are absolutely clear that there must be no return to business as usual. There must be no return to the excesses that caused risk in the system, the cost of which the public purse ultimately had to pick up, and which resulted in perfectly good businesses going under and people becoming unemployed. That sort of reckless risk-taking is to be stopped. The Prime Minister and the team of Ministers have raised this issue at the G20 in order to seek international agreement across this international industry. There will be no cash bonuses this year in the banks that the public now largely own, and the Financial Services Authority has strengthened the requirements for capital reserves in the context of identifying any reckless risk-taking in relation to the bonus system in any regulated bank. Furthermore, Sir David Walker is going to report on corporate governance, and the role that excessive bonuses have played in taking risks will obviously fall within his remit. I think we all agree that there can be no return to business as usual in this context. The hon. Gentleman raised the matter of reporting the House, and drew our attention to the forthcoming Westminster Hall debate. I do not yet know which Minister will deal with that debate, but I will bring the hon. Gentleman's suggestion to the attention of the Justice Secretary, who has been very active on this issue and is every bit as concerned as I am—and as all hon. Members are—that we get things straight in this respect. We might well need to have a debate on this on the Floor of the House—possibly a topical debate. It is a fundamental cornerstone of this democracy that, when we are elected by our electors, we should be able to come and speak in this House without fear or favour, and that the press should be able to report what we say. We continue to be certain that we will defend that on behalf of the House.


Secondary information

Type
Proceeding contribution
Reference
497 c443-5 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Courts Closures Banks Incentives Parliamentary procedure Magistrates' courts HM Courts Service
Link
View this Proceeding contribution on www.publications.parliament.uk