Oral Answers to Questions

Debate between Peter Kyle and Gagan Mohindra
Thursday 2nd July 2026

(4 weeks ago)

Commons Chamber
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Peter Kyle Portrait The Secretary of State for Business and Trade (Peter Kyle)
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We are investing £2.5 billion over the next three years in tackling the issues around youth unemployment. That will include new initiatives, such as a further 19 technical excellence colleges to provide high-quality training for jobs in key sectors.

Gagan Mohindra Portrait Mr Mohindra
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I recently met people from Mission Employable, an incredible charity based in Chorleywood, which offers supported internships for young people with special educational needs and disabilities. It was deeply concerning to hear that in England only 6% of adults with learning disabilities are in paid work. Will the Secretary of State outline how he is working with other Departments to ensure that the youth jobs grant does not disincentive employers in hiring people from supported internship backgrounds who are not claiming universal credit?

Peter Kyle Portrait Peter Kyle
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The hon. Gentleman raises an incredibly important issue. It sounds as if the charity that he references is doing incredibly important work locally. We want to support that work. It is a shame that in the years running up to coming into office, apprenticeship starts had fallen by 40%. We are reinvesting in apprenticeship starts and ensuring that they are available to everyone, from every background and with every ability.

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Gagan Mohindra Portrait Mr Gagan Mohindra (South West Hertfordshire) (Con)
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T1. If he will make a statement on his departmental responsibilities.

Peter Kyle Portrait The Secretary of State for Business and Trade (Peter Kyle)
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I am grateful for the opportunity to say that one year ago we published our industrial strategy. Since publication, work driven by the industrial strategy has secured around £360 billion of private investment into the eight industrial strategy sectors and £33 billion-worth of export announcements, supporting up to 120,000 jobs. We are backing winners and giving our sectors with the highest potential everything they need to succeed, and in year two we will go further. We will be cutting energy costs for 10,000-plus manufacturing firms, working with businesses to create jobs for those eight sectors—the IS-8—to secure the workforce of the future, and cutting regulatory burdens to unlock investment. In just under two weeks, on 15 July, our trade deal with India will enter into force. India has never implemented a deal of this size, which could boost UK GDP by £4.8 billion every year in the long run. That is just the start. We will continue to drive delivery to secure investment and good high-paying jobs into year two and beyond.

Gagan Mohindra Portrait Mr Mohindra
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Micklefield Hall in Sarratt is a great example of a small business that has survived covid, only to be repeatedly hit by this Labour Government. Its representatives have contacted me to say that they are keen to borrow money for long-term investment, but fearful of yet more taxes on business. What reassurances can the Secretary of State give to small businesses that want to invest for future growth, such as Micklefield Hall?

Peter Kyle Portrait Peter Kyle
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It is good to see the hon. Gentleman again in the same session—I suggest that he buy a lottery ticket tonight, because he is certainly having a lot of success in the draw. I can assure him that we are investing in small and medium-sized enterprises, and we have funding targeted at helping young people to start their own businesses. He lists some of the perceived challenges in the economy at the minute. Do not forget that youth unemployment went up by 250,000 in the years leading up to the general election without all the things that the Conservatives keep mentioning we are doing, such as giving rights and delivering investment into the economy.

Oral Answers to Questions

Debate between Peter Kyle and Gagan Mohindra
Thursday 12th March 2026

(4 months, 2 weeks ago)

Commons Chamber
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Peter Kyle Portrait Peter Kyle
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I am grateful for my hon. Friend’s advocacy on this issue. Britain is the start-up capital of Europe. We are doubling down to ensure that once businesses are started up, they can scale up, stay and build their innovation here, which is why we are also the unicorn capital of Europe. We will double down and make sure that all that innovation, job creation and wealth creation remain here benefiting Britain, including my hon. Friend’s constituency.

Gagan Mohindra Portrait Mr Gagan Mohindra (South West Hertfordshire) (Con)
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Anchor Sound and Security, based in Kings Langley, explained to me how it is disincentivised to hire more employees due to rising compliance costs and regulatory uncertainty. What is the Minister doing to stop regulations stifling small business growth and destroying the strong relationships between employer and employees?

Peter Kyle Portrait Peter Kyle
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The Government have a commitment to reduce the regulatory burden on business by 25%. My Department led on almost £1 billion of regulatory reform for company reporting in just the first weeks of our taking office. The small business plan and strategy will deliver for small businesses, on top of the industrial strategy, of course, which is getting our economy facing the future and into solid growth for now and the future.

Artificial Intelligence Opportunities Action Plan

Debate between Peter Kyle and Gagan Mohindra
Monday 13th January 2025

(1 year, 6 months ago)

Commons Chamber
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Peter Kyle Portrait Peter Kyle
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My hon. Friend makes the most important point. I am determined—I have said this publicly numerous times—that equity will be built into the technology and the policies of this Government from the outset. When she reads the reports, when she hears the words of this Government and when she listens to the Prime Minister, I hope she is reassured that this Government want to ensure that everyone from every background not only feels the ability to connect with and work within the tech sector here to create the technology of the future, but benefits equally from the products that come out the other side, including being able to use products intuitively and benefit from the wealth that is created from them. When it comes to using public data, I realise that there are communities in parts of this country that need to be taken on a longer journey and to be more reassured, and I fully commit to doing so as we go forward.

Gagan Mohindra Portrait Mr Gagan Mohindra (South West Hertfordshire) (Con)
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I welcome this action plan, which mentions data centres. As the Secretary of State may be aware, the Deputy Prime Minister is currently reviewing the need for a data centre in Kings Langley in my constituency.

Both the report and the Secretary of State talk about ensuring that the infrastructure is in the right place. I am working alongside my constituents in Kings Langley, because the proposed site is prime green belt. If there is a need to build on and develop the site, housing would make better sense, because energy—a huge requirement for data centres—is not available nearby. How can the Secretary of State ensure that we are not encouraging the building of white elephants in the wrong places?

Peter Kyle Portrait Peter Kyle
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I can assure the hon. Gentleman that the energy and other constituent needs of data centres are, at last, being taken into account in strategic planning in our country. We have created the AI Energy Council, which is jointly chaired by the Energy Secretary and me, and the planning reforms will mean that we can expedite investment in data centres.

The hon. Gentleman should be aware that data centres are not a singular investment, but that other innovations, industries and businesses often cluster around them. He mentioned heat, and community heat networks often stem and flow from such investments, if there is the right local leadership, if there is planning in place and if there is the vision to make sure that our country benefits the most.

We have that vision, and I implore the hon. Gentleman to start getting involved with the local issues to shape what unfolds for the digital infrastructure of the future, so that it benefits absolutely everyone. This is a potential source of sustainable, good-quality wealth creation and job creation into the future. I suggest that his party gets on board and grabs it with both hands, rather than talking down the agenda we are putting forward today.