Backing Business to Create Economic Growth

Debate between George Freeman and Caroline Nokes

Monday 18th May 2026 Commons Chamber

[George Freeman]

My right hon. Friend makes an important point. I will make a slightly different point, which is that there are huge opportunities for good growth in this country. Speaking as someone who has had a 16-year career backing the industries of tomorrow, whether it is in fusion, SMR nuclear technologies, agritech, bioscience, the bioeconomy on Teesside, or the satellite economy in Glasgow, we have an opportunity to turn these into the industries of tomorrow. I welcome the Government’s industrial strategy commitment to do it, but it is at 50,000 feet; we need to drop down to some more tangible and bolder policies to back those industries.

I know the Secretary of State gave a tub-thumping speech about the 1980s, but the truth is we have made a lot of progress over the last 20 years. I was doing my work as the Minister for Life Sciences, for agritech and for Science and Technology following in the footsteps of Paul Drayson and David Sainsbury. In life science, fusion, AI and quantum, we have built an unbelievably competitive economy, but other countries are moving fast. Our competitors are more agile. We are terrible at adopting technology in the public services. Our scale-ups are not getting the finance they need in the city. Kate Bingham in The Times today is right.

How do we unlock this? I want to suggest a ten-point plan for renewal. I support the Government’s ambition. I say this because if all of us fail, the Benches to my left of pub populists who are promising everything will win, and we will see even deeper disillusionment. I am calling in this speech for, first, real honesty of a 1979 scale about the extent of the emergency; secondly, bold devolution to the people, cities and mayors who know how to do it better—frankly, they could not do worse than Whitehall—thirdly, serious Whitehall reforms, so that we end the juvenile process of His Majesty’s Treasury playing Departments off against each other for funding, which in the end comes very late and is taken back; and fourthly, a serious backing for the innovation economy. I welcome the £20 billion of R&D, but how we allocate it is key. We need to allocate it in a way that attracts private investment. Fifthly, we need a bold revolution of tax incentives for enterprises—a new deal for new business. There should be no national insurance or VAT for a couple of years for someone starting a company and growing it. Sixthly, we need regulation for innovation. That is not just cutting regulations, but leading in setting the regulation. I welcome the Government’s work in setting up the Regulatory Innovation Office. We then have skills and patriotic capitalism. I do not think it is communism to get the city investing in British business. Boldness—

[Madam Deputy Speaker]

Order.

Solar Farms

Debate between George Freeman and Caroline Nokes

Thursday 15th May 2025 Commons Chamber

[George Freeman (Mid Norfolk) (Con)]

I rise not just as the Member for Mid Norfolk, but as the chair of the all-party parliamentary group on science and technology in agriculture. As Members will be aware, Norfolk is Britain’s first county and our leading agricultural county—the Royal Norfolk show is the premier show in the country. Norfolk is absolutely at the vanguard of this country’s agricultural industry, and of the Government’s stated—although increasingly cynically stated—commitment to increasing food security.

The globe has to double food production in the next 25 years on the same land area, with half as much water and energy, and Norfolk is in the vanguard when it comes to the technologies with which to do that; there are the drought-resistant crops, and the gene-edited, disease-resistant crops, at the Norwich Research Park. In my constituency of Mid Norfolk, the home of Banham Poultry and Cranswick Country Foods, farming and agriculture is the No. 1 industry, employing thousands in agricultural machinery supplies, haulage and food processing. I cheered when I heard that the Government were going to support the agricultural industry and food production, and I cheered their commitment to supporting UK science, including the agricultural science that is key to meeting that challenge, but since the election, we have seen the most extraordinary attack on farms, the rural economy and small businesses taking on jobs. There is also a proposal for a 7,500 acre—that is 10,000 square miles, or 20,000 km—solar farm, reaching from Castle Acre, through Swaffham, to Dereham. This is in a constituency where agriculture, food and tourism are the No. 1 industries.

Government Members need to reflect on this. I want renewable energy, and I want cheap energy. My constituents would like to be consulted. The residents of 14 villages will wake up living in the middle of a power station, with no serious planning consultation at all, no community benefit, and the rates being taken back to London by Ministers. This is an utterly cynical move towards the industrialisation of the countryside, which will rebound seriously on the Labour party and, more importantly, on this country’s food and energy systems. It is wrong.

[Madam Deputy Speaker (Caroline Nokes)]

I call the Liberal Democrat spokesman.