Oral Answers to Questions Debate
Full Debate: Read Full DebateAndrew Turner
Main Page: Andrew Turner (Conservative - Isle of Wight)Department Debates - View all Andrew Turner's debates with the Department for International Development
(8 years, 11 months ago)
Commons ChamberWe want to support industry in the potteries, and that is why we are helping manufacturing with research and development tax credits and with apprenticeship schemes; we are helping with a whole range of measures, not least the energy-intensive industry measures, which are very important for the constituency the hon. Lady represents. That is what we want to see. The issue with market economy status is a separate one, as I have said before. Even if China gets that status, it cannot dump steel products or other things into European markets, and it can be fined. What we should be doing is making sure that we are driving open markets for us to sell to China. The Chinese are the ones with a massive growth in the middle class taking place—hundreds of millions of people are joining that—and there are many great products made in Stoke that should be sold in China.
We are very happy to work with the authorities on the Isle of Wight. I think that I am right in saying that the spending power will increase slightly in the next year. As it is a relatively flat cash settlement overall over the five-year period, this local government settlement allows councils to use their reserves and also to sell unwanted property and use the money directly to provide services to bridge that period. Although I am happy to look at the circumstances of the Isle of Wight, I do believe that it is a fair settlement.