Oral Answers to Questions

Chris Bryant Excerpts

Thursday 12th March 2026 Commons Chamber

[Frank McNally (Coatbridge and Bellshill) (Lab)]

3. What steps he is taking with Cabinet colleagues to promote Scottish industry abroad.

[The Minister for Trade (Chris Bryant)]

Promoting Scottish industry overseas is one of our prime objectives. Whether it is opening up new markets such as India for Scotch whisky, securing new beef opportunities in the United States of America, securing contracts for Scottish steel in new bridges in Ukraine, or promoting financial services around the world, we are on the case. I have even seen Tunnock’s Caramels in LuLu in Doha.

[Frank McNally]

With up to £8.2 billion of private investment, the Lanarkshire AI growth zone delivered by this Labour Government represents one of the largest industrial investments in the history of Scotland. At its heart is a partnership between Lanarkshire’s own DataVita and the American cloud computing company CoreWeave. Such partnerships are critical to supporting the industries of the future, so what further steps can my hon. Friend take to promote Scottish companies overseas to secure such high-quality jobs and deliver even stronger growth?

[Chris Bryant]

I pay tribute to my hon. Friend for the work he has done to make sure that the UK Government have delivered in his constituency. I am glad that he has raised the Lanarkshire AI growth zone, because it is really important in trying to make sure that the industries of the future are at the heart of the jobs of the future in Scotland. I look forward to the SNP welcoming this in the next few moments.

[Mr Speaker]

Here is the chance—I call Chris Law.

[Chris Law (Dundee Central) (SNP)]

Thank you, Mr Speaker. Of course, I will always welcome the fact that Scotland punches above its weight, whether it be industries abroad or investment in Scotland. Indeed, under the SNP, foreign direct investment has been higher in Scotland over the last 10 years than anywhere else in the UK outside of London—something I would expect the UK Government to also celebrate. Instead, we learned through a leaked memo this week that the Prime Minister told senior Ministers of the Government to go against the wishes of the Scottish Government when taking decisions. Does the Secretary of State agree with the Prime Minister? Does he not agree that Scotland makes the best decisions when it is the people of Scotland who make those decisions, which will happen only when it becomes independent?

[Chris Bryant]

It is like an open goal, isn’t it, Mr Speaker? Sorry—you do not have a view.

I believe that we achieve far more by our common endeavour than by going it alone. That is why I am a passionate supporter of the Union. Of course there are specific things about the Scottish economy that we want to drive forward. For instance, 54% of Scottish exports go into the European Union. If we manage to secure the sanitary and phytosanitary deal that we are trying to negotiate with the EU at the moment, that will pay enormous dividends to Scotland that it would never secure were it entirely on its own. Separatism never works.

[Dave Robertson (Lichfield) (Lab)]

4. What steps he is taking to help increase levels of private sector investment.

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[Rosie Wrighting (Kettering) (Lab)]

6. What steps he is taking to help start-ups and scale-ups access new markets.

[The Minister for Trade (Chris Bryant)]

We want to build new opportunities for start-ups and scale-ups to export around the world. That is why we are providing tailored market advice, free training through our business academy, export finance and support on the ground in international markets.

[Rosie Wrighting]

British fashion is recognised globally for its creativity. At the London Fashion Week just gone, designers such as Erdem, Tolu Coker and Simone Rocha showcased the very best of British talent. With international buyers up by 17%, we showed that we have not only the raw talent here, but the business minds to commercialise it internationally. What steps is the Department taking to help emerging British fashion brands translate that creativity into export growth and scale internationally?

[Chris Bryant]

My hon. Friend makes a really good point by raising th4e example of London Fashion Week. She is quite right that lots of businesses in Northamptonshire are working in this field. One key thing we do through NEWGEN is to provide support to people—including, in fact, some of those she mentioned, such as Erdem and Simone Rocha—to start finding new export markets overseas. We send people to Paris Fashion Week and to Pitti Uomo, and our creative industries are a really important part of how we intend to build on that in the future. To use the name of another business in her constituency, I think Weetabix is based there—and we want everybody to have three Weetabix for breakfast so we can really export around the world.

[Rishi Sunak (Richmond and Northallerton) (Con)]

At the recent India AI summit, I was delighted to participate in an event, with the Deputy Prime Minister, highlighting the opportunities for British and Indian growing technology companies to do more in each other’s markets. I am looking forward to another such event in London in the coming weeks. Will the Minister join me in commending both our high commissioners—Their Excellencies Lindy Cameron and Vikram Doraiswami—for their steadfast commitment to strengthening the links between our two fantastic technology sectors?

[Chris Bryant]

The right hon. Gentleman makes a really good point. I noticed that he was commending the Government for securing the free trade agreement with India, which previous Governments were not able to secure, and he did so generously. Mr Speaker, I may have misled the House previously by suggesting that the India free trade agreement would enter into force this summer, because I am very hopeful that it will actually enter into force this spring.

The key thing is not just to have a free trade agreement, but to deploy it and make sure that businesses take advantage of that opportunity. Our two high commissioners—both in India and here—are absolutely essential to making that happen. I look forward to working with the right hon. Gentleman to do that not only in India, but in Ukraine, as I note he has been appointed to help Zelensky’s Government with reconstruction in Ukraine. I am the Minister for Ukraine reconstruction, and I hope we can work together to achieve that, too.

[Mr Speaker]

I call the shadow Minister.

[Gareth Davies (Grantham and Bourne) (Con)]

We all want innovative British companies not just to start up in Britain, but to scale up in Britain, too. I welcome the Minister’s previous comments, and actually his enthusiasm, for our most innovative companies. However, he will know that the Chancellor’s decision to cut venture capital trust rate relief will be very damaging. How does he explain the disconnect between his Department’s words and what the Chancellor is doing?

[Chris Bryant]

We are trying very much to focus on the key sectors where we know we can really deliver, which is precisely what bringing together the trade strategy, the small business strategy and the industrial strategy is designed to do. I was delighted to be at the security and policing trade event down in Farnborough yesterday, and it was fascinating to see the small companies—SMEs make up a lot of that sector—that have really been supported by different Departments, including the Home Office, the Department for Business and Trade, and the Treasury, to scale up and take their product to market. I think I was able to persuade the Malaysian Government to secure quite a few contracts with British businesses as well.

[Gareth Davies]

I am grateful to the Minister for that answer, but I asked specifically about VCT rate relief. The last time that rate relief was cut, under the last Labour Government, fundraising was cut by two thirds and it took a decade for that to recover in the sector. Specifically on VCT rate relief, which has been cut from 30% to 20%, will he commit to meeting the Venture Capital Trust Association, the industry body, and will he take its concerns to the Chancellor and ask her to reverse course?

[Chris Bryant]

Of course, I am happy to meet the industry body and listen to its concerns, as we do all the time. However, I just want to make the point that at the moment the DBT is concentrating on taking what we do well in this country and really ensuring we have an opportunity to do it even better. That focus is a key part of what our trade strategy, our small business strategy and our industrial strategy are all about.

[David Mundell (Dumfriesshire, Clydesdale and Tweeddale) (Con)]

7. What steps his Department is taking to support the hospitality sector.

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[Melanie Onn (Great Grimsby and Cleethorpes) (Lab)]

T6. I wish my constituents a happy Great Grimsby Day, to commemorate the signing of our charter in 1201. UK titanium dioxide production like that at Tronox is under threat from aggressive Chinese practices, funnelling cheap product through companies that they buy, run down and hollow out, circumventing protective levies. What is the Minister doing to ensure a level playing field, so that we do not see industry, skills and jobs draining out of the UK?

[The Minister for Trade (Chris Bryant)]

I thank my hon. Friend for standing up for the business in her constituency, and she is absolutely right. The Trade Remedies Authority is investigating, as she knows, and I urge industry to participate in that, although I cannot comment on the precise details of the investigation because it might eventually come to my desk. Importantly, we need to make sure that dumping is not acceptable, because it makes it impossible for British businesses to prosper. We will do everything in our power to make sure that we use the remedies available to us to protect British businesses.

[Tom Tugendhat (Tonbridge) (Con)]

T7. Would the Secretary of State care to join me for a pint of Larkins in Kent, where we can discuss the effect of his business rate relief on small businesses? The high streets in Tonbridge, Edenbridge and Borough Green are doing as well as they can, but they are struggling, and one of the reasons why is the hit on hospitality industries. It has already cost The Man of Kent in East Peckham, but perhaps we could meet at another pub and the Secretary of State could hear about the impact from the publican themselves?

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[Douglas McAllister (West Dunbartonshire) (Lab)]

For years scotch whisky has faced sky-high import tariffs in India—as high as 150%. The Scotch Whisky Association has described the tariff cuts as “transformational”, and the Scotch whisky industry supports thousands of jobs in my constituency. Does the Minister agree that the increased bilateral trade with India is set to grow the Scottish economy by £190 million a year and is a massive win for the whisky industry, West Dunbartonshire and Scotland?

[Chris Bryant]

My hon. Friend is absolutely right, and I commend him for supporting his constituents. Equally importantly, there are many Scottish products in respect of which we need to ensure that British businesses can take the opportunities the India FTA affords, and build on those so that we can build strong British businesses. We also have geographical identification for Scotch whisky in Argentina. We need to build on these gains around the world.

[Liz Jarvis (Eastleigh) (LD)]

I recently had the pleasure of visiting Ionoptika, a fantastic local employer in Chandler’s Ford. It told me that UK small and medium-sized enterprises are being impacted by export licence turnaround times, which are taking up to six months for non-controlled goods. Will the Minister confirm when we will see a significant improvement in turnaround times?

[Chris Bryant]

I am happy to meet the hon. Member if she wants to take me through some of the specific issues in her constituency; I have done that for several hon. Members, and we had a roundtable last week to try to get the timelines down. Sometimes it is difficult. The median time in which we sort them out is 14 days, but if the hon. Member has problems, I am happy to tackle them with her.

[Sally Jameson (Doncaster Central) (Lab/Co-op)]

From Kingswood accountants to Automated Analytics and our young traders market, Doncaster is home to many businesses run by ambitious entrepreneurs. Will the Minister update the House on how Government support, such as the start-up loan scheme and the growth guarantee scheme, are helping young entrepreneurs and start-ups, and on what more we can do in this policy area?

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[Tessa Munt (Wells and Mendip Hills) (LD)]

Last time we were here for Business and Trade questions, I asked about exports of paraquat—the use of which is forbidden here—to other countries, and I live in hope that I will get an answer to that question. To update the ministerial team, Syngenta—the company that makes paraquat—put out a press release on 3 March to say that it would stop production this year. May I therefore expand my previous question to ensure that the response includes the export of pesticides and other products whose use is banned in the UK?

[Chris Bryant]

Yes.

[Perran Moon (Camborne and Redruth) (Lab)]

The UK economy needs more and more critical minerals, and in Cornwall we have loads of them. Private capital has flown into the duchy on the back of the Labour Government’s investments of about £100 million through the national wealth fund and the Kernow industrial growth fund, but will the Minister update the House on Government plans to unlock more private investment in our critical minerals sector to unleash the Cornish Celtic tiger?