Oral Answers to Questions Debate
Full Debate: Read Full DebateEuan Stainbank
Main Page: Euan Stainbank (Labour - Falkirk)Department Debates - View all Euan Stainbank's debates with the Department for Business and Trade
(1 day, 21 hours ago)
Commons Chamber Noah Law (St Austell and Newquay) (Lab)
    
        
    
    
    
    
    
        
        
        
            Noah Law (St Austell and Newquay) (Lab) 
        
    
        
    
         Euan Stainbank (Falkirk) (Lab)
    
        
    
    
    
    
    
        
        
        
            Euan Stainbank (Falkirk) (Lab) 
        
    
        
    
         The Parliamentary Under-Secretary of State for Business and Trade (Blair McDougall)
    
        
    
    
    
    
    
        
        
        
            The Parliamentary Under-Secretary of State for Business and Trade (Blair McDougall) 
        
    
        
    
        The whole of Government are focused on delivering the industrial strategy, and significant progress has already been made. This month, we published our new quarterly update, which reports on the key economic indicators for growth-driving sectors, delivery milestones and major investments. With over £250 billion of investment committed and over 45,000 jobs supported since July, we are delivering on that vision.
 Blair McDougall
    
        
    
    
    
    
    
        
        
        
            Blair McDougall 
        
    
        
    
        I know from holidaying in my hon. Friend’s constituency that it is a place of incredible beauty, but I know from his constant advocacy that it is also a place of huge industrial potential. Cornwall will benefit from access to the £200 million investment fund, which provides debt and equity finance of up to £5 million for businesses in the south-west. That has already delivered £51.8 million of direct investment, leveraging an additional £48.1 million. I know he has big plans for industry in Cornwall, and we will work with him, especially on access to finance, to ensure that we can unlock that potential. We will of course work with our colleagues in MHCLG.
 Euan Stainbank (Falkirk) (Lab)
    
        
    
    
    
    
    
        
        
        
            Euan Stainbank (Falkirk) (Lab) 
        
    
        
    
        I declare an interest as co-chair of the all-party parliamentary group for British buses. Our bus manufacturing industry supports thousands of jobs across the country, but faces an existential challenge from China. Market share has increased rapidly, and the Scottish National party’s disastrous ScotZEB 2 scheme sent less than 20% of orders to Scotland’s sole manufacturer, which directly jeopardised 400 jobs earlier this year. What urgent interventions are Ministers considering to contend with the rise in Chinese market share? Has the Minister discussed this issue with colleagues in the Department for Transport prior to the publication of the 10-year bus pipeline next month? Record bus funding should not be a shopping list for China.
 Blair McDougall
    
        
    
    
    
    
    
        
        
        
            Blair McDougall 
        
    
        
    
        I share my hon. Friend’s frustration at the lack of an industrial strategy from the SNP Government in Edinburgh. It has meant that workers at Alexander Dennis in his constituency are on furlough rather than doing what they do best: making world-class buses for public transport. For our part, we are supporting combined mayoral authorities to co-ordinate the procurement of buses through a Crown Commercial Service commercial agreement, and we are publishing a 10-year pipeline of future bus orders to provide the much-needed certainty that the sector requires. That includes providing advice on using social value criteria that suppliers such as Alexander Dennis are well placed to meet when procuring new buses, such as creating and retaining jobs in a way that respects our legal obligations. I pay tribute to my hon. Friend for keeping this issue on the agenda.