(7 years ago)
Commons ChamberIt is my view that we need to have a broad base of power supplies for our security in the future. We are now the world leader in offshore wind, which demonstrates that one comes not at the expense of the other, and that is the right and prudent way to proceed.
We have many world-leading industries, from financial services to advanced manufacturing, from the life sciences to the creative industries. In many cases, they are at the forefront of the technological revolution that is sweeping the world.
What further assistance are the Government planning to give to research and development for small modular reactors as part of the nuclear sector, potentially a very important and useful source of energy? What consideration has the Secretary of State given to the suitability of existing nuclear sites, such as Dungeness in my constituency, as locations for SMRs?
I know that my hon. Friend takes a great interest in this. We have an energy innovation programme, about which we will make some announcements before long. That will address the question of what types of technologies should be moved along from research to development and implementation. He will have an interest in that and I will make sure that he is given the details.
To capitalise on our strengths, we need to reinforce them and project them into the future. We also need to address our weaknesses. We are proud of the fact that more people are employed in this country than ever before—an extraordinary achievement, with 3 million extra jobs created in a time when the Labour party predicted that millions of jobs would be lost. But compared to some of our competitors, on average, we work harder and longer to produce at the same level as they do. We need to raise our productivity, as the Chancellor made clear in his Budget statement.
As the House knows, to a large extent, it is a problem of disparities, rather than a uniform picture. We have industries, companies, people and places that are among the most highly productive on the planet, but we have what the Bank of England has called an unusually long tail of companies and places whose level of productivity is below that of the top performers. The challenge is clear: to reinforce the performance of the top and build on those strengths, while spreading that excellence throughout the economy and the country. That is exactly what the Budget and our industrial strategy White Paper will do, by reinforcing strengths and addressing weaknesses in areas across the board. We talk about innovation, skills, infrastructure, the business environment and local economies.
(9 years, 10 months ago)
Commons ChamberOn the Coventry and Warwickshire local enterprise partnership, its expanded growth deal is now worth nearly £90 million and it includes a programme of grants and advice and support for growing businesses. As for the access improvements to Coventry city centre, they have been funded. Sites that are being brought into use require planning permission, but that is a matter for the local authority. If the hon. Gentleman wishes to meet me, I will take up the matter with the LEP and the local authority.
I welcome the announcement of funding for the Folkestone seafront regeneration scheme. Does the Minister agree that the regeneration of Folkestone, which is led by Sir Roger de Haan, is a model for the regeneration of coastal towns, and that this extra funding through the local growth fund will help to kick-start the next important stage of the development?
I do indeed agree. I pay tribute to Sir Roger who has worked very closely with my hon. Friend to develop and promote Folkestone as the attractive destination that it is. The area is going from strength to strength, and this further investment will enhance its attractiveness.
(10 years, 8 months ago)
Commons ChamberThe House will know that I am very keen to make sure that every young person gets the chance to vote. One of the announcements that I made in recent weeks was to make £4.2 million available to every local authority in the country specifically to enable them to fund talks and exercises in schools in order to sign up young people to vote. I am glad that that has the right hon. Gentleman’s endorsement.
7. What discussions he has had with the South East local enterprise partnership on devolving powers and responsibilities to that partnership.
As with all local enterprise partnerships, I have met the South East LEP to discuss its growth deal proposal and to provide feedback and support on its draft proposals. When Lord Heseltine and I met the LEP earlier this year, we were encouraged by the direction that the proposal set out, particularly in addressing transport bottlenecks and support for small and medium-sized businesses.
Does the Minister agree that the local growth plan should help to prioritise bringing forward schemes that have the ability to transform local economies, particularly schemes like the Folkestone seafront regeneration plan?
I do agree. I know that that scheme will have a prominent place in South East LEP’s proposals. I should also like to commend the involvement of Sir Roger de Haan, my hon. Friend’s distinguished constituent and activist, who has been very much been involved in transforming the future of Folkestone. He deserves the congratulations and support of everyone in this House.