Oral Answers to Questions

Debate between Lord Willetts and Lord Spellar

Thursday 24th May 2012 Commons Chamber

[Mr Willetts]

My hon. Friend is absolutely right. There is a spirit of innovation in our country of which we can be proud. It is one of the reasons that our exports to the emerging economies of India, China and Brazil—which are the most competitive and important economies of the future—are shooting up, even while, sadly, we are held back by the economic problems of the eurozone, brought on by membership of the euro, a policy advocated by the Labour party.

[Mr John Spellar (Warley) (Lab)]

3. What steps he is taking further to develop the motor and components industry.