(5 years, 4 months ago)
Commons ChamberI recently visited Coca-Cola in my constituency. It will be investing £50 million in its Wakefield plant this year, providing jobs and apprenticeships to my constituents. Companies are investing in Britain, demonstrating that the future will be bright after Brexit. What is the Department doing to attract further foreign investment?
I thank my hon. Friend for her question. We work closely with the Department for International Trade to secure more inward investment into the UK, and we ensure through our industrial strategy that we have one of the most competitive environments for investment globally.
(5 years, 5 months ago)
Commons ChamberIn the Leeds city region, 66 businesses in Morley and Outwood have been directly supported, with £1 million in grant funding to help them create nearly 200 jobs. The AD:Venture initiative, which is available to start-ups in the first three years of trading in the Leeds city region, provides grants of up to £25,000. That is alongside a range of other support including academic support and coaching.
My hon. Friend will know that in 2017 the UK was the second biggest market in the EU for ultra low emission vehicles. Alfa Power, a company in my constituency, is a fine example of British engagement in the sector. What steps is he taking to further the sector’s progress? Next time he is in Yorkshire, will he visit Alfa Power to see the great work it is doing in electric charging points throughout Yorkshire?
I should be delighted to visit. The Government are investing nearly £1.5 billion until March 2021 to help to grow the market for ultra-low-emission vehicles. Yesterday I was pleased to announce £33 million of funding for the winners of the Advanced Propulsion Centre’s 12th competition. These latest projects focus on electrification and the future of low-emission vehicles as we aim to advance the UK’s low-carbon capacity.