Oral Answers to Questions

Debate between Bill Esterson and Mike Freer

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.

Oral Answers to Questions

Debate between Bill Esterson and Mike Freer

Thursday 3rd March 2022 Commons Chamber

[Mike Freer]

All I can say to the hon. Gentleman is that it is a good job that I am leading on exports, not him, because all he ever sees is problems. We are doing stuff. We are doing exports. It is simply not true that the Government are doing nothing. I have been out in the markets. I am not sure whether the Scottish lead on exports has done many overseas visits. I am happy to work with the Scottish National party if it would actually come out and do something. We are removing trade barriers. We have already sent poultry to Japan and lamb to the USA. We are working with the Gulf states, increasing halal sales and sales of Welsh lamb. It is simply not true that this country will be flooded with cheap imports. That is pure scaremongering.

[Bill Esterson (Sefton Central) (Lab)]

3. What further steps she is taking to increase exports of steel.

--- Later in debate ---

[Mike Freer]

The Government remain committed to championing export opportunities for our world-class financial services businesses. Through targeted export campaigns and an expansion of existing support services, we are promoting trade opportunities across the financial services spectrum and in specific areas such as asset management, green finance, fintech and insurance. The Government are also signing ambitious free trade agreements that will open new markets and reduce market access barriers for UK financial services, and I am in regular dialogue with the City Minister, my hon. Friend the Member for Salisbury (John Glen) on these issues.

[Bill Esterson (Sefton Central) (Lab)]

When the Secretary of State responded to the question about luxury goods by not answering it, it begs the question, why not, and raises the question of whether there are conflicts of interest behind it. The contrast with Syria, where export controls were put in place, is stark. If it was appropriate for Syria, why is it not appropriate for Russia? I remind her of her words. She talked about working with allies and tightening the screw, so will she now, with her colleagues across Government, put in place that ban on luxury goods?