European Union (Referendum) Bill Debate
Full Debate: Read Full DebateDepartment: Foreign, Commonwealth & Development Office
Bridget Phillipson
Main Page: Bridget Phillipson (Labour - Houghton and Sunderland South)Department Debates - View all Bridget Phillipson's debates with the Foreign, Commonwealth & Development Office
(11 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Phil Wilson
My hon. Friend is absolutely right and that is why I believe that we should have some consultation with people who bring investment into this country and with other organisations that want to promote jobs not just in the north-east of England but throughout the UK.
Bridget Phillipson (Houghton and Sunderland South) (Lab)
My hon. Friend, like me, has visited the Nissan plant in Sunderland and as a Sunderland MP I know just how important Nissan is to the regional economy. In the north-east at the moment, with high levels of unemployment and of long-term youth unemployment, is not this risk and uncertainty the last thing we need hanging over jobs and investment?
Phil Wilson
I agree with my hon. Friend. In a moment, I shall come on to the importance of Nissan. It is not just important to the north-east: 81% of Nissan’s cars are exported and 56%, or 279,000 vehicles, are exported to Europe. Nissan’s exports are worth £4.3 billion. It spends £1.4 billion on local suppliers and its wage bill is £331 million, money that goes into the north-east economy.