(5 years, 10 months ago)
Commons ChamberI shall try to give a straight answer to a not entirely straight question. As I said, we have the sector deal. We have the export strategy and we are putting enormous effort into that. I am pleased to say, Mr Speaker, that in this 100th centenary year of UK Export Finance, it has, under this dedicated trade Department, been rated the best export credit agency in the world.
It is good to know that a centenary year marks 100 years and that 100 years would be considered to constitute a centenary. I wonder whether a 100th centenary year might be in danger of being a tautology.
(6 years, 3 months ago)
Commons ChamberThis Government’s job creation record speaks for itself. It is the protectionist instincts that run throughout the Labour party that so threaten the jobs miracles that my constituents and the hon. Lady’s have enjoyed over recent years.
I do not know whether the hon. Member for Gillingham and Rainham (Rehman Chishti) has observed that there is an opportunity for him now. He takes a grave risk if he waits for question 10, because we might not reach it.
(6 years, 4 months ago)
Commons ChamberIt’s not a point of order, is it?
Well, it will just extend the proceedings if people chunter from a sedentary position ineloquently and for no obvious benefit or purpose. It is a point of order and I am responding to it. If the junior Minister on the Treasury Bench does not like the fact that I am responding to it, he can lump it, because I am going to respond to it in my way and in the fashion that I choose. His approval or disapproval is a matter of staggering irrelevance as far as I am concerned. I certainly would not accuse anybody of being a lickspittle, but I think the record shows that when I was a serving Back Bencher—and, for that matter, often as a Front Bencher—I was not overly preoccupied with the views of my Whips.
(7 years, 1 month ago)
Commons ChamberHelping SMEs to export is a high priority for the Department, and we are working through our overseas network, through online services on great.gov.uk, which has had more than 3 million visitors, through our international trade advisers and through export finance. Last year, 79% of companies supported by UK Export Finance were SMEs. Mr Speaker, if, like Roger Federer, I can press on—albeit without the same grace—I would say that exports from the west midlands increased in value by more than 80% between 2010 and 2016.
It is great news about the west midlands, but a constituent of mine who has a small business providing services around the world came to tell me about the challenges he faces in getting appropriate banking facilities and about the need to minimise losses on currency transfers. What steps is the Department taking to make sure that UK banks provide the facilities, support and advice that SMEs need in order to export?
(7 years, 3 months ago)
Commons ChamberI do not know whether colleagues are aware of it, but they rather ruin their questions when they try to pack too much in. Topical questions are supposed to be brief. I understand the temptation—I used to feel it myself—but it ends up being a worse and a lesser question than something shorter and more pithy. It is such an obvious point that the hon. Gentleman must be extraordinarily clever not to be able to grasp it.
All export licence applications are considered on a case-by-case basis against the consolidated EU and national arms export licensing criteria, based on the most up-to-date information and analysis available. I would be happy to meet the hon. Member for Brighton, Kemptown (Lloyd Russell-Moyle) to discuss these issues further.