(6 years, 5 months ago)
Commons ChamberIt is very good of you to think of my welfare, Mr Speaker.
I welcome my right hon. Friend’s announcement. Many of my constituents work in the defence aerospace sector. Will he say how this fits in with the Government’s industrial strategy, and what does it mean for skills and for securing the jobs that currently exist and for creating new jobs in our great defence sector?
This is about securing those jobs and those skills not just for the next decade, but for the decade from 2040 onwards. My hon. Friend makes an important point, because this is part of our wider industrial strategy. Defence leads: for every £1 that is invested in defence, £4 is generated. We spend 2% of our GDP on defence, yet it accounts for 8% of our economy. It is vital for the prosperity of Britain to continue to invest in defence.
(11 years, 11 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
My hon. Friend makes a valid point, and one of the brakes on expansion for many manufacturing businesses is the need for skilled, qualified and able labour to work in design, manufacturing and other aspects of their business. There has been a boom in apprenticeships in South Staffordshire, where 1,000 of them have been created in the past year alone, and the apprenticeships that so many manufacturing firms offer are some of the very best. I would tell pupils at Codsall community high school, Ounsdale, Edgecliff, Cheslyn Hay or Great Wyrley—I think I have managed to mention all my high schools—that they should look at a career in manufacturing where there is a high-quality apprenticeship, because that will offer them as many opportunities as a degree, which is the route that we have traditionally encouraged young people to follow.
I congratulate my hon. Friend on securing this important debate. Does he agree that one of our big problems is that for many years we have not valued those who have gone into engineering, unlike other countries, such as Germany, which regard engineers as highly qualified, highly skilled professionals? Should we not put more emphasis on making engineering that sort of career in this country?
(12 years, 9 months ago)
Commons ChamberDoes my hon. Friend agree that the current situation, with enterprise zones, the regional growth fund and the support that is being given to industry, particularly motor manufacturers in the west midlands, is a complete contrast with what happened with the failed regional development agencies during the period of the Labour Government, when private sector employment in the west midlands fell?
My hon. Friend makes a pertinent point. Although there has been recovery in the automotive sector, unfortunately the supply chain that supports those manufacturing companies was hollowed out over the course of 13 years. I hope that Members on both sides of the House recognise that that is a serious problem. I pay tribute to the previous Government for taking some action at the tail end of their period in office in setting up Automotive Council UK, which has been carried on and strengthened by this Government. That is a positive move, but we need to be doing so much more to support not only manufacturing companies, which I am most passionate about, but many more service companies and other companies across the length and breadth of the country.
The Budget included an announcement on reducing corporation tax. A lot of people say, “That does not matter; it will not make a difference to business.” If that were the case, one might ask why the Republic of Ireland is so determined always to make sure that it keeps its low corporation taxes, but we know that it does that because it knows that it makes a difference in bringing in inward investment. Companies that want to invest in Europe are trying to make sure that they invest in the right place, which, in my view, is the United Kingdom. The moves to reduce corporation tax will have an enormous effect on bringing jobs to the UK—not only to my constituency or the constituencies of Government Members, but to every single constituency in the country.
We must also welcome the moves to simplify our tax system. We see so many people setting up small businesses, giving it a go, and trying to make a difference and do well for themselves, but then being faced with a barrage of bureaucracy and complex regulations that they have to master. It is a shame that anyone could not welcome the moves to make sure that all businesses with a turnover of under £77,000 will be free of many of those regulations. I hope that Labour Members will join us in the Lobby in support of that measure, because it will have an enormous impact on every business.
Another development that we must welcome is enterprise loans for young people. Far too often, young people with great ideas and great ambition do not have the finance to build their own businesses. I think of a constituent of mine, Louis Barnett, who decided against all the odds to set up a business, to go out there and to make a success of it. Finance is not always easy to find, but despite everything being against him, he did it. He has set up an incredibly successful chocolate company, which exports to Mexico, Ireland, China and Korea. He is making a success of it. We need to encourage many more young people to set up businesses across Britain. That is what the Chancellor has done and we should all support it. We need to give our businesses every possible chance.
Some Opposition Members are pouring scorn on somebody who wants to make a successful business by making and selling chocolate and exporting it around the world. Perhaps that is why the previous Government made such a dreadful mess of our manufacturing base and brought this country to its knees.
My hon. Friend’s argument is being given a bit of harsh treatment from Opposition Members, who seem to think that all was rosy in manufacturing under the Labour Government. Is it not the case that 1.7 million jobs were lost in manufacturing during the period of the Labour Government?
My hon. Friend makes a valid point. Manufacturing was destroyed under the Labour Government. When the Conservatives were last in power during the 1990s, there was growth in manufacturing. We saw the same amount of gross value added in manufacturing and the industrial sector in the United Kingdom—
7. What plans he has to increase the powers of local authorities to tackle unauthorised development.
11. What plans he has to increase the powers of local authorities to tackle unauthorised development.
(14 years, 3 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
I thank my hon. Friend—and I hear the comment by my hon. Friend the Member for Solihull (Lorely Burt), making that very point. Many business people, particularly those who have been in business a long time, feel that 20 or 30 years ago they could pop in to see the bank manager if they had a problem, and discuss their concerns and try to get over issues. Now it seems that a customer adviser or someone who is purportedly a bank manager taps a few figures into the computer and comes up with the right result—if the computer thinks that is right. That is a dangerous situation. It is difficult for our small businesses to survive.
Does my hon. Friend agree that banks take far too short-term a view of their investment in and support for businesses? What my hon. Friend the Member for Stafford (Jeremy Lefroy) said about banks investing in businesses—in equity—is relevant; it is about having a long-term vision of their future and supporting them so they can grow, much as banks do in Germany.
I tend to agree; that is particularly the case for manufacturing, about which banks are taking a very short-term view.
It is positive that progress is happening, and a taskforce is being created by the six largest banks in the country. Until now that has been headed by Stephen Green. I understand that from today he has other responsibilities and I wish him well with those. The move is a positive one and I hope that the work of Mr Green and his colleagues will continue. I would like the Minister to explain how he will work with the taskforce and feed into it. There seem to be some positive noises about banks wanting to engage with Government and business to get over the problems.