Bombardier Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Barry Sheerman
Main Page: Barry Sheerman (Labour (Co-op) - Huddersfield)Department Debates - View all Barry Sheerman's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 7 months ago)
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Andrew Stephenson
I thank my hon. Friend for his question. This will be a highly sought after company, and I imagine that there will be a range of people interested in buying the site. Bombardier has made it very clear that, in terms of its other divisions in the UK, particularly in rolling stock, it intends to stay firmly involved in the provision of new rolling stock, and I look forward to visiting Bombardier’s facility on Thursday.
Mr Barry Sheerman (Huddersfield) (Lab/Co-op)
I am co-chair of the all-party manufacturing group and very heavily involved in air safety. Is not the news today about Bombardier a disaster for British industry and British aerospace? This is a prime globally known company and a prime contractor of Airbus, and the news today is a sign of what is happening in high-tech industries and the car industry: they are moving out of Britain and taking out their investment. This is a disaster. Every Minister should be aware that this is not a canary singing, but a canary falling off its perch.
Andrew Stephenson
Like other companies in the growing aerospace sector, Bombardier is transforming itself. In 2015—way before Brexit—the company announced a five-year plan to transform the business to reduce costs and to improve profitability and competitiveness, while also launching commercial and business jet programmes. Bombardier has been very clear that the decision to sell off the Northern Irish site and the Morocco site—definitely nothing to do with Brexit—has nothing to do with Brexit.