Newport Wafer Fab

Debate between Grant Shapps and Geraint Davies

Monday 21st November 2022 Commons Chamber

[Grant Shapps]

The Government would not be looking to take over and run the semiconductor business. However, the hon. Gentleman makes an important point about its place in the chain. It is worth mentioning, because some people imagine that it still does what it did when it was Newport Wafer Fab—build semiconductors designed by others and essentially be a factory for a lot of other people—that that is not what it does under Nexperia; it produces for one specific owner, and most of the products go abroad. I am keen to make sure that the entire supply chain is maintained, but the hon. Gentleman will understand, as I am sure everybody in the House does, that national security has to be the No. 1 consideration while we work through this issue.

[Geraint Davies (Swansea West) (Lab/Co-op)]

If there is a national security issue, that must be because this is a strategically important asset for the future growth of the economy. That being said, if we do not have a strategy for semiconductors in place, which the Secretary of State does not, the Government are surely duty-bound to invest immediately—to secure current jobs and build future jobs, perhaps through an equity share, and to ensure that the taxpayer can benefit from future income streams from this growing market—rather than to destroy people’s jobs. The Secretary of State’s idea of protecting national security is to destroy the foundations of our economy, which is ridiculous.

[Grant Shapps]

I am not sure whether the hon. Gentleman is calling for the Government to run the semiconductor factory. If he is, on the other hand, asking for a plan, he will need to be patient and to wait for the Nexperia process to complete. I very much hope that he and I will be able to stand here in due course and agree that the process has ended in a good place.

I just want to say to the House—because I think this has been slightly missed—that I do not take these decisions easily. Nearly 100 cases have been looked at under the National Security and Investment Act 2021. There have been only 10 final orders, of which this is one. Two acquisitions have been blocked. Only one has been unwound—in other words, there has been a retrospective decision—and that is this one. That is how carefully we take these decisions. I do have confidence that what happens next will be in the best interests of the people who work in south Wales and of semiconducting in this country.

Rail Investment and Integrated Rail Plan

Debate between Grant Shapps and Geraint Davies

Wednesday 8th December 2021 Commons Chamber

[Grant Shapps]

The plan actually provides significant benefits to north Wales. Studies have been done about the tens of millions of pounds of additional benefit that HS2 will bring to north Wales in particular, and of course there is the Union connectivity review, recently launched by Sir Peter Hendy, which brings yet more benefit as well.

[Geraint Davies (Swansea West) (Lab/Co-op)]

Will the Secretary of State give way?

[Grant Shapps]

I will make a bit of progress.

For anyone who claims we are failing to deliver Northern Powerhouse Rail, I want to set the record straight. Northern Powerhouse Rail is going ahead. It is going to bring faster services, there will be big capacity increases, and it is going to do this in the most logical and efficient way. [Interruption.] There are those—and I hear the hon. Member for Manchester Central (Lucy Powell)—who say all we are doing is electrifying the trans-Pennine route. That is wrong. We are actually investing £23 billion to build Northern Powerhouse Rail and unlock east-west travel across the north of England. [Interruption.] Yes, we are. Trains from Leeds will reach Manchester in just 33 minutes, cutting journey times almost in half. Seating capacity between Leeds and Liverpool will more than treble as a result of the integrated rail plan, and the journey between Leeds and Bradford will take just 12 minutes.