Oral Answers to Questions

Debate between Bob Blackman and Guto Bebb

Wednesday 30th November 2016 Commons Chamber

[Guto Bebb]

I am disappointed to hear that news and would be more than happy to discuss it with the hon. Gentleman—any loss of investment in Wales is to be regretted. He is wrong, however, to talk about dithering. The Government are clear that we want strong trade relations with the European Union and with the rest of the world. Any Chinese investor looking at the UK knows that this country is friendly to investment from all parts of the globe.

[Bob Blackman (Harrow East) (Con)]

13. Will my hon. Friend update the House on the discussions that are taking place to bring inward investment to Wales and to create more jobs and opportunities for young and old alike, and to allow new firms to develop in Wales?

[Guto Bebb]

I agree with my hon. Friend; investment in Wales is most welcome. We need to diversify the Welsh economy. Manufacturing jobs in Wales have increased and the engineering sector is second to none in the United Kingdom. That is based on attracting inward investment. On a recent visit to Deeside, I saw again how Airbus is acting as a catalyst for small business development in north-east Wales. We need a combination of inward investment and home-grown companies that are able to build on the expertise provided by companies such as Airbus.

Oral Answers to Questions

Debate between Bob Blackman and Guto Bebb

Wednesday 13th April 2016 Commons Chamber

[Guto Bebb]

I thank the hon. Lady for her question, but she will be aware that it would be inappropriate for me to comment on a leaked report. The key thing that we need to be aware of is that wherever in Wales we look—north, south, west or east—we are seeing employment growth.

[Bob Blackman (Harrow East) (Con)]

14. I welcome my hon. Friend to his new position and congratulate him on his new job. Does he agree that the reductions to business taxes announced in the Budget and the ability of people to keep more of their own earnings will create an environment in which the private sector can invest and in which employment opportunities can come to Wales in the same way as they do to the rest of the country?

[Guto Bebb]

I agree entirely with my hon. Friend. The tax cuts that have been put in place by this Government since 2010 are to be welcomed. Of particular importance in the Budget was the announcement on small business rates, and I call on the Welsh Government to follow the example of the Westminster Government to ensure that Welsh small businesses have the same advantages through their business rates as do those in England.