(10 years, 5 months ago)
Commons ChamberWill the hon. Gentleman touch on why he objects to the proposal of my hon. Friend the Member for Newcastle upon Tyne North (Catherine McKinnell)? I have not heard any criticism or, indeed, any reference to it so far.
As I said to the shadow Minister, capital allowances are very close to my heart. I believe they are the way to go, but they have to be linked to other financial policies, which the Government have to put in place to work with them. Capital allowances on their own are no good. We must have other structures within the Government’s scheme of things to ensure companies have confidence. It is no good saying, “You can have a capital allowance against a new machine that you want to buy, but we are not prepared to give you the confidence to do that because we are going to increase our taxes so you aren’t going to make any money—so why would you really want to invest in the UK?” We need to create an environment whereby companies will say, “We’ll invest in the UK because the tax regime in the UK is good. We’ll invest in the UK because we feel that the training programmes in the UK will train our young people to do the jobs. We’ll invest in the UK because of the apprenticeship programme that is going ahead, and because we know we will have the future work force to deliver products that we will be able to sell around the world.”
(14 years, 6 months ago)
Commons ChamberLabour Members harp on about the 1980s because of what happened then. The policies of the previous Conservative Government damaged the car industry and shipbuilding, and manufacturing right across the piece in our country. It is completely wrong to blame trade unions for the systematic destruction of manufacturing in this country.
Will the hon. Gentleman comment on the actions of Red Robbo, who closed down the old Austin Rover plant in the 1970s?
Again, hon. Members on the Government side of the House are demonising trade union activists, but Derek Robinson, to whom the hon. Gentleman referred colloquially as Red Robbo, was simply arguing for more investment in the car industry. He was saying that if the car industry did not get the support that it needed, it would fail and be overtaken by our competitors in Japan and Germany. His predictions—dare I say?—actually came true, because the car industry in our country was completely destroyed as a result of Conservative policies.
The Conservatives are making the same mistakes not only in policy pronouncements, but in practical matters. Only this morning, the Transport Minister made it very clear that there will be no further orders for rail transport rolling stock. Many people in my constituency work for Bombardier, which is the last train manufacturer in the UK, and they were relying on the possibility of securing the Thameslink contract. However, it now seems, after what the Transport Minister said this morning, that there is no prospect whatever of Bombardier securing that contract this year. That will certainly lead to redundancies and make it much more difficult for young people in training colleges in my constituency—if they have been given that opportunity—to get the real jobs that are crucial to securing a high-skilled economy, as my hon. Friend the Member for Ealing North (Stephen Pound) said.