My Week in Westminster - 2nd March 2018

Chaired a Treasury Select Committee evidence session on household finances – last year, as Chair, I launched an inquiry into household finances which will look into whether households are saving adequately in the current economic environment, problematic and over-indebtedness, inter-generational issues, lifetime financial planning and the effectiveness of the market in financing solutions and products to low income households. As part of this, this week, we took evidence from representatives from Citizens Advice, StepChange and the Big Issue Group. This session can be found here: http://parliamentlive.tv/Event/Index/3f8c5de0-63ba-4822-a22b-586ce83e2c5f

More information about our inquiry can be found here:

www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/inquiries1/parliament-2017/household-finances-17-19/

 

Asked the Economic Secretary to the Treasury, John Glen MP, a question at Treasury Questions– I pressed the Minister to ensure that financially vulnerable households are treated fairly by the Government if their council tax payments or welfare overpayments are late. If you would like to read the Minister’s response, you can do so here:

https://hansard.parliament.uk/Commons/2018-02-27/debates/387B091C-CB1C-4581-9CE0-16A565757476/HouseholdDebt#contribution-C9695B4C-6112-4916-8949-0A8F81746670

 

My office supported the East Midlands APPG meeting - this APPG brings together MPs of all parties who represent constituencies in the East Midlands to discuss regional matters and decide how best to work together to promote local causes in Parliament. We will particularly be focusing on infrastructure following the East Midlands Summit held on 27th November.

 

Wrote to the Rt Hon. Claire Perry MP, Minister of State for Energy, about smart meters –the Government has said that, by 2020, it wants more than 50 million new energy smart meters to be offered to 30 million homes and smaller nondomestic sites in Britain. These meters are intended to allow consumers to see and adjust in real-time what energy they are using. However, a local resident has raised their concerns with me that some of these meters are being linked to specific companies and so do not work when you change provider. I understand that the Government is aware of this issue and so I have written to the Minister for more information about what action is being taken. If you are concerned about your smart meter, please do get in touch: nicky.morgan.mp@parliament.uk

 

Wrote to Sam Gyimah MP, Minister for Universities, about the Universities Superannuation Scheme – I know that many local university staff are concerned about this issue and so I have written to the Minister on behalf of local residents to ask him to encourage Universities UK to get back to the negotiating table and the Pensions Regulator to be more flexible on negotiating timescales.

 

Chaired a Treasury Select Committee evidence session on women in finance – it is so important that we encourage more women to take up roles in the finance industry. Therefore, as Chair, I have launched an inquiry to identify the barriers to women entering and progressing in the financial services industry. As part of this, this week, we took evidence from representatives from M&G Investments, Axa UK and Santander UK. This session can be found here:

http://parliamentlive.tv/Event/Index/3e46c634-0600-478a-9515-eaa91ac29ea0

More information about our inquiry can be found here:

www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/inquiries1/parliament-2017/women-in-finance-17-19/