Andrew Gwynne
Main Page: Andrew Gwynne (Labour - Denton and Reddish)(9 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Matthew Hancock
D2N2 is one of the LEPs that make a very strong case for investment in the local area—in Hucknall and in other parts of Nottinghamshire, and of course in Derbyshire. I look forward to working with my hon. Friend on that, as on many other matters.
Andrew Gwynne (Denton and Reddish) (Lab)
Aerospace is one of Britain’s key trading sectors, as the Minister has acknowledged today at the Dispatch Box. Within it, Rolls-Royce is an important exporter for the United Kingdom. Given that, can the Minister update the House today on the implications of this week’s announcement by Rolls-Royce for the Government’s strategy of doubling exports to £1 trillion by 2020?
Matthew Hancock
As I have said, aerospace industry exports have gone up by almost 50% in the last few years, supported by the aerospace industrial partnership and by the excellent work of UK Trade & Investment. We want to see that increase continue. We are growing our aerospace global market share and developing new products, and we absolutely and fully support that. This decision does not reflect changes to orders; it reflects the company’s decision on how to fulfil its obligations. The enthusiasm for and weight behind those strategies, which have cross-party support, to increase both civil and defence aerospace exports will absolutely continue.