(2 years, 10 months ago)
Commons ChamberThe west midlands has some world-leading, innovative companies as well as universities and research institutions doing ground-breaking research, but public research and development investment in the west midlands has been low compared with other areas, even though for every £1 of Government investment, we have seen a private sector return of £4. How will the innovation accelerator help to close that gap?
My hon. Friend brilliantly encapsulates the challenge. The innovation accelerator will bring together representatives from the private sector—from business—as well as those in the outstanding universities that, as he rightly points out, are a feature of the west midlands in order to ensure that its manufacturing strengths can be leveraged more effectively. I look forward to working with him and others to achieve that.
(4 years, 2 months ago)
Commons ChamberYes, and that was an admirably Unionist intervention from the hon. Gentleman .
Businesses in Dudley South and across the Black Country trade with countries in every part of the world. Further to the earlier question from my hon. Friend the Member for West Bromwich East (Nicola Richards), what support is available for businesses to understand the changes to customs and tax rules, so that they can prepare to take advantage of those opportunities as we become an independent trading nation again?
My hon. Friend makes an important point. It is the case that we are intensifying our communications campaign. On the Government Digital Service gov.uk website, the transition page outlines some of the information required. The Prime Minister and I are meeting business representative organisations tomorrow in order to reinforce that, but I would be very happy to talk to him and other colleagues in the west midlands, in our manufacturing heartland, to reinforce exactly what it is that we can provide businesses to support them to take advantage of these new opportunities.