Oral Answers to Questions Debate
Full Debate: Read Full DebateCarol Monaghan
Main Page: Carol Monaghan (Scottish National Party - Glasgow North West)Department Debates - View all Carol Monaghan's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 8 months ago)
Commons ChamberI am glad that my hon. Friend is not questioning me on inertia ratios and matrices. The capacity is there, but it requires planning ahead. That is why the industrial strategy mentions the need to invest in science and research and development—it is important that we do that—and the need to look forward to make sure that we have the skills in the workforce to fulfil the order books. The purpose of having a long-term industrial strategy is so that we are prepared to reap those very opportunities.
Small businesses are vital to the economy, and we are providing additional access to finance and support to help scale up businesses so that they are able to reap the benefits of future trade with the EU and the rest of the world.
I wish everybody a happy Pi Day—“pi,” the mathematical version, not “pie,” the pork version.
The Conservative party broke its 2015 manifesto commitment by failing to consult the business community on the changes to national insurance for the self-employed. Will the Government now address the ongoing uncertainty that those changes could bring to workers’ rights, such as maternity and paternity pay, sick pay, annual leave and pensions?
The Government are absolutely committed, as the Prime Minister has said on several occasions, to protecting workers’ rights as we leave the European Union. And not just to protect those rights but to enhance them, if necessary. She has set up the Taylor review to examine the details.
The UK is the No. 1 place in Europe for inward investment in technology, and the Government’s industrial strategy will deliver the Prime Minister’s vision of Britain as a magnet for international talent and a home to the pioneers and innovators who will shape the world ahead. We are making sure that our regulatory landscape and visa system are up to that challenge through a range of measures, including the tier 1 exceptional talent visa.