Business and Trade Committee

Chris Bloore Excerpts

Thursday 27th November 2025 Westminster Hall

[Liam Byrne]

I am grateful to the hon. Member for the question and for his sterling work on the Committee as our inquiry has been driven forward over the last seven or eight months. I have not. It was striking to compare the evidence we took with history lessons from the 1920s and 1930s. As a country, we have developed infrastructure to tackle these kinds of threats in the past. Indeed, the forces that we assembled in the 1920s and 1930s were so important that they became known as the fourth fighting service. It was certainly crucial in helping us to stand up the Ministry of Economic Warfare in world war two with the speed that we did. We are now in a world of chokepoints, coercion and weaponised interdependence, and today’s cyber-attacks will be nothing compared with those in future. Frankly, the country is simply not ready. We have to get our skates on.

[Chris Bloore (Redditch) (Lab)]

It is a pleasure to serve under your chairmanship, Ms Lewell. I congratulate my right hon. Friend on his report. I will not mention his vast experience though, because he is still young to me. Redditch was deeply impacted by the JLR shutdown, with many of our supply chains affected. My right hon. Friend talks in the report about the need for an economic security Minister and about the specific measures needed to upgrade cyber-security across our critical sectors. What powers would my right hon. Friend envisage such a Minister having, and how do Government support businesses to get up to date to meet the challenges mentioned in the report?

[Liam Byrne]

We have a very good Minister in place, but in a way, the report is designed to ensure that that Minister is empowered in his work and across Government. But first we must understand, and help the Minister have the powers to understand, the full breadth of the UK supply chains and where the risks are. The Jaguar Land Rover case was striking because the supply chain information was kept on the computers that went down. When the computers went down, they had to generate, I think, almost paper lists of tier 2 and tier 3 suppliers to work out who needed cashflow and who could survive without direct help. We must ensure that we have a full picture of supply chains and where the critical dependencies are, as the Japanese have been doing for many years.

Making sure that there is a proper backstop to the cyber-insurance market is important. That is why the proposals for a much bigger and better-equipped Pool Re are so important. Pool Re, as many will know, was set up to backstop terrorism insurance during the height of the IRA attacks. It now needs modernising for new times. The tax regime that we have in place today simply does not incentivise small and medium-sized enterprises in the way that we could, to draw down on subscription-based cyber-security policies. Making sure that there are the right incentives, powers and insights available are just some of the tasks that we think an economic security Minister needs to be fully empowered to perform.