Baroness Jones of Moulsecoomb (GP)

My Lords, it is a pleasure to support the noble Lord, Lord Hendy. I have put my name to only two of the amendments in this group, Amendments 154 and 164. Quite honestly, it took a lot of time and energy to read through all of his amendments; it must have taken an astonishing amount of time to write them all, so I am in awe of the work that the noble Lord has put into this Bill. I was slightly nervous about the noble Lord’s mention of growth. I would like to know more about that later, perhaps, because growth obviously has to be of the right kind. For me, collective bargaining is a way of making the world of work fairer. There are those who are vulnerable or not as talented who cannot argue for themselves, so they need support to do that. In a healthy economy, there is no place for poverty or for ultra-low wages, where people cannot pay their bills, feed their children or buy new shoes if they need them. It is incredibly important that people have a good wage. My noble friend Lady Bennett of Manor Castle tabled an amendment to be discussed later in Committee for a 10:1 pay scale, such that you can pay your senior managers or CEO whatever you like, but you have to pay at least 1/10th of that amount to your cleaners, doormen or catering staff. The idea is that everybody needs a proper wage and, honestly, what would rich people do with even more money? They usually plough it not into the economy but into yachts and things like that. I support almost every one of these amendments, and I am sorry that I have signed up to only two, but this is an incredibly important area. I hope the Government are able to shift a little on this and take advice from a very well-known lawyer who knows what he is talking about. We all want a fair world, and this is part of actually developing it.