(4 years ago)
Commons ChamberMy right hon. Friend is quite right. It was in his time as Secretary of State for Education that we built much closer ties between our Departments to make sure we could promote educational exports. He is also right to highlight the pandemic’s impact on EdTech. We are working with BESA, the British Educational Suppliers Association, and the Department for Education, his old Department, on a major EdTech event this month, which will connect companies with overseas buyers.
More activity is planned for later in the year in several key markets, supported by the international trade champion, Sir Steve Smith. That post, of course, came out of the work that my right hon. Friend did to develop the international education strategy. He will be pleased to know that we will soon be launching a refreshed international education strategy, in collaboration with the Department for Education and with the support of other Government Departments, that includes provisions to maximise EdTech’s export potential.
The trade co-operation agreement secures continued market access across key service sectors, including both professional and business services. The agreement also includes a commitment to review the services provisions with a view to making further improvements, along with a specific joint declaration on regulatory co-operation in financial services. Specifics will be taken forward by the Cabinet Office and Taskforce Europe.
Within a day of leaving the EU, shares worth billions of euros normally traded in the City of London flooded out of the EU to other European capitals such as Paris and Amsterdam. One trader told the Financial Times that this was a “stunning own goal” and only the beginning of the financial sector’s post-Brexit decline. We know that in Scotland seafood markets are already being decimated, but what is the Minister’s assessment of the damage Brexit will do to the UK’s financial sector and how many own goals can we expect in the future?
The memorandum of understanding on financial services ensures financial stability and consumer protection, and we look forward to that being negotiated. I was not surprised by this question, but I was a little bit surprised that the hon. Gentleman was the one asking it. It is not that long ago that he said:
“Leaving the European Union without a deal in place is an act of economic self-harm”.
But that is precisely what he voted for on 30 December.
(4 years, 2 months ago)
Commons ChamberI am proud that we have one of the most rigorous defence export regimes in the world, and those are decisions we make on the basis of our values in this country.
I talk regularly with businesses, business representatives, and ministerial colleagues about how we can make exporting easier for businesses across the country. That is why I was delighted to announce our new Scottish trade hub in September, which is staffed by expert trade advisers and dedicated to helping Scottish firms to grow internationally. I am pleased to say that our work to reduce barriers to trade and increase exports is paying off; the UK overtook France in 2019 to become the world’s fifth-largest exporting nation. All nine of the other 10 largest exporting nations in the world saw their exports fall last year, according to UNCTAD, the United Nations Conference on Trade and Development—the exception was the UK.
Around 250,000 businesses export to the EU and not to the rest of the world. Many of them are small, not VAT-registered and difficult to reach, and to continue to trade they will need to go through a long and tedious process to acquire an economic operator registration and identification number. As the party that wants to reduce red tape, what action are the Government taking to reduce the administrative burden to ensure that SMEs can continue, or start, to export into Europe but do not suffer disproportionately from a madcap Brexit?
We are working to engage with businesses, and I recommend that all businesses that have not done so go to gov.uk/transition and look at the practical steps they need to take to prepare for the end of the transition period. From my engagements with Scottish businesses, though, it is clear to me that it is the relentless pursuit of Scottish independence, rather than the support for Scottish business, that they find the concern. I want to ensure, by using the power of the Union and our global reach, that we can boost Scottish business; otherwise, if follow the path of independence, we know that would lead to a shrinking of Scottish business and a loss of opportunity for Scottish people.
(5 years, 10 months ago)
Commons ChamberMy hon. Friend is right. Tourism is a great example—I use the word “great” advisedly. The GREAT brand is used across the whole of UK Government. It is that rarest of things—a joined-up government policy that actually works. It has added huge value to our tourism sector. In 2017 we saw record numbers of visitors to the UK, and a contribution to the UK economy of £24 billion.
I am grateful to the hon. Gentleman for the interest that he has shown in this issue. The experience of other countries in using the ability of free ports to increase economic activity is valuable and something that the Government are considering in an optimistic and positive way.
In 2018, we ran a successful £1.5 million campaign to promote awareness and take-up of shared parental leave. Last month, we launched a further campaign to maintain the high level of awareness achieved. We are currently evaluating the scheme, looking at take-up and the barriers to take-up, and we expect to publish the findings later this year.
I thank the Minister for that response. Since becoming an MP, I have taken a real interest in the close links between Scotland and the Nordic countries. At the Nordic Co-operation conference this week, the Swedish Government said that they wanted to re-emphasise their commitment to sharing care, saying that parental leave was good not just for women, but for the health and wellbeing of men. What discussions has the Minister had with the Scottish Government to support further progress on this approach?
I quite agree, and this Government are committed to delivering the take-up of shared parental leave. We know that it is good for employers, for the family and for employees. The scheme has been in place since 2015. We are evaluating it, and we will continue to consult with all partners on how we can increase take-up.
(5 years, 11 months ago)
Commons ChamberPlainly, if the Prime Minister’s deal is accepted in the House of Commons, including by being supported by the Labour party, that will not be an issue. If we leave the EU without a deal, the regimes will be what they are. What I can say is that we are working incredibly hard on copyright, patents and enforcement to make sure that the creative industries, which are vital to the prosperity of this country, will be protected in the event of the UK leaving the EU.
In 2017, 46.8% of UK services exports went to the European single market—including the European economic area and Switzerland—worth around £130.5 billion. That represents around 21% of total UK exports. Leaving the EU gives us the freedom to pursue an independent trade policy with countries around the world that reflects our unique strengths in services.
I thank the Secretary of State for his response, but last week the Office for National Statistics published the international trade and services statistics for 2017, which showed that financial services proved to be the largest service product exported globally by UK businesses and that the EU made up nearly half the UK’s service exports. A key part of business relationships with clients in the EU is the ability to travel freely, known as passporting rights. Has the Secretary of State made an assessment of what the end of freedom of movement, including for labour, will mean for services under the Prime Minister’s deal?
Actually, the share of our exports to the European Union accounted for by services is less than our average exported to the rest of the world. In fact, the future of our services will be dependent on global services arrangements, and outside the EU we will have a golden opportunity to shape the global services agenda in a way that suits the United Kingdom’s best interests. It is time that we in this House started to reflect the optimism and confidence of the British public who voted to leave the EU.
(8 years, 1 month ago)
Commons ChamberI wholeheartedly agree with my hon. Friend. The British Government absolutely support a negotiated settlement leading to a safe and secure Israel living alongside a viable and sovereign Palestine state. We should continue to engage with those countries. I was in Israel not so long ago, but I also visited Ministers in Palestine. We are very keen to engage with both Israel and Palestine.
A recent parliamentary question revealed that the involvement of Scottish companies in the recent trade visit by the Prime Minister to India was very limited. What extra effort can the Secretary of State make to ensure that Scottish companies are better represented by the UK to support them in exporting into new international markets?
We have repeatedly said that this Department is open to all businesses in the United Kingdom when it comes to seeking our support for exports, and I hope that the Scottish Government will encourage businesses in Scotland to work with the Department for International Trade, so that we can maximise that. We have made that offer, and we hope that they will take it up.