Oral Answers to Questions

Gareth Thomas Excerpts

Thursday 21st April 2022 Commons Chamber

[Mr Speaker]

We now come to the Front Bench, with shadow Minister Gareth Thomas.

[Gareth Thomas (Harrow West) (Lab/Co-op)]

I take this opportunity to wish Her Majesty the Queen a very happy birthday, and all the great people of England a very happy St George’s day at the weekend.

With the Chancellor’s having accepted a report from the Office for Budget Responsibility confirming an ongoing 15% hit to British exports to Europe, and given, as my hon. Friend the Member for Huddersfield (Mr Sheerman) alluded to, the continuing extra red tape, customs checks and costs that businesses here face thanks to the Prime Minister’s poor trade deal with Europe, when will the Secretary of State publish a plan to put right some of that damage, to help British business and to make Brexit work better?

[Anne-Marie Trevelyan]

I will set out just some of the areas the export strategy is bringing forward, to help the hon. Gentleman to see exactly the strategic work we are doing. There is the export support service, which I have mentioned, and financial support for exporters, working through the shared prosperity fund to include export support through local investment plans. UK Export Finance is there to help and will look at supporting SMEs, where historically it has only supported large contracts. Having run a successful regional pilot of the UK Export Academy, we are rolling that out across the UK, providing digital tools. That is proving very popular, as businesses can educate themselves before launching into new markets.

[Gareth Thomas]

The Department’s own research shows that export-related jobs pay higher than average, so the hit to our European exports, which the Secretary of State seems so complacent about, will prolong the cost of living crisis. It also underlines that since 2010 British exports have significantly underperformed compared with the rest of the G7, notably the United States and Germany. Businesses tell us that other countries have more ambitious export support programmes, while the Prime Minister blames our exporters for a lack of “energy and ambition”. Where does the Secretary of State think the blame lies?

[Anne-Marie Trevelyan]

I have set out the export strategy, which is bringing forward these tools, which goes exactly to the hon. Gentleman’s point. We are the opposite of complacent; we are here to support, through a dozen different routes, businesses to grow the export markets they already have or to discover exporting for the first time. One in seven businesses that could export does not yet, and we are keen to help those businesses find those markets across the globe, not only across the EU. Free trade deals such as the comprehensive and progressive agreement for trans-Pacific partnership, which we are negotiating this year, will give us the opportunity to open up nearly $8 trillion-worth of new markets. We want to ensure that businesses can access those through all the tools we are providing for them.