Oral Answers to Questions

Bill Esterson Excerpts

Thursday 21st April 2022 Commons Chamber

[Mike Freer]

The UK has a proud reputation as one of the most attractive economies in the world. In 2020, the UK secured the most greenfield foreign direct investment in Europe, according to the United Nations Conference on Trade and Development. Last year, the £1.4 billion global Britain investment fund announced aims to increase our attractiveness, especially to manufacturers. I am more than happy to link up with my hon. Friend’s manufacturers to see what we can do to boost manufacturing in her constituency.

[Bill Esterson (Sefton Central) (Lab)]

The figures reported for UK goods exports show that they fell by 14% in the three months to January compared with the same period in 2020. That is in contrast with an 8.2% global average rise over the same period. When the Minister and the Secretary of State announce a range of initiatives to help exporters, will they admit that the capacity is simply not there to deliver the additional support for exports that especially our small and medium-sized enterprises need?

[Mike Freer]

I wholeheartedly disagree with the hon. Gentleman: the capacity is there. We provide the export support service, the international aviation fund, international trade advisers, the export academy, export champions, the tradeshow access programme, the international market support programme, UK Export Finance—all of which were showcased at the parliamentary export showcase, which I am not sure the hon. Gentleman attended. He could have found out more details if he had come to it.