Jaguar Land Rover: Redundancies Debate
Full Debate: Read Full DebateDavid Reed
Main Page: David Reed (Conservative - Exmouth and Exeter East)Department Debates - View all David Reed's debates with the Department for Business, Innovation, Science and Trade
(1 month, 2 weeks ago)
Commons Chamber
Blair McDougall
My hon. Friend rightly says that Jaguar Land Rover and the other big automotive names do not exist in isolation; they are part of much wider supply chains. On the issue of access to finance and funding, obviously a lot of the DRIVE35 programme goes to those larger companies, but it goes right across that supply chain, investing in so many of the strengths that we have, particularly electric propulsion and software-defined vehicles. In addition, £50 million has been devolved to the mayor in the west midlands to work on those supply-chain resiliences, and we will continue to work with the mayor to agree what needs to be done to secure those supply chains for the future as we go through this pretty challenging period for automotive.
David Reed (Exmouth and Exeter East) (Con)
The Jaguar Land Rover hack started over a year ago: manufacturing ground to a halt and the Government stepped in and made the UK taxpayer the insurer of last resort to the tune of £1.5 billion. Yet the Government have still not said who did this to our country. It has been widely reported that the attack was state-sponsored. At a time when we should be having a national conversation about the threats we face, will the Government use this opportunity to tell us which country did this to us, and, more importantly, have there been repercussions?
Blair McDougall
I may look suave and debonaire, but I am not James Bond, so I will resist commenting on the attribution of that. It would be for the Minister for Security and the Home Secretary to do that; these are serious matters. What I will say is that we were right to put that £1.5 billion in place. It has not been drawn on, but it did give a vote of confidence to one of our most important manufacturers at a moment of genuine crisis.