Rolls-Royce Redundancies

Bob Blackman Excerpts

Thursday 14th June 2018 Commons Chamber

[Greg Clark]

The announcement was made at 7 o’clock this morning that there is a proposal to reduce the headcount. Rolls-Royce has specified that the reduction will be in the management and support functions, rather than in the engineering and operational aspect. When further information is made available, I will make sure the hon. Gentleman, as the Member for a constituency with a great interest in the matter, shares in that information.

It is important to emphasise that the aerospace sector is characterised by growth. The proposed redundancies at Rolls-Royce—I make no bones about it—are clearly devastating news for those who may be affected but, overall, aerospace, including Rolls-Royce in this country, is enjoying higher order books. We will work together to make sure that, including in the test beds we have established together, we are at the forefront of the latest technologies in the future, as we have been to date.

[Bob Blackman (Harrow East) (Con)]

Rolls-Royce is a worldwide brand of which our competitors are clearly jealous. What extra assistance can my right hon. Friend or the Department for International Trade provide, as we leave the European Union, to increase the opportunities for Rolls-Royce worldwide?

[Greg Clark]

Rolls-Royce is already one of our most successful exporters. All around the world, my Department and the Department for International Trade work closely to support the company’s export push. The industry is very competitive, and there is a requirement to be at the cutting edge of technology, so our investment in research and development is an important boost to that future international competitiveness. When it comes to trade promotional support, there is already a close relationship between the company and the Government.