(7 years, 8 months ago)
Commons ChamberThe aim of Government policy must be to have such vigorous competition in markets that that takes care of itself. Unfortunately, I do not think we are in that position, so I am determined to make sure that customers are treated fairly.
As well as continuing the consultation on our industrial strategy Green Paper, we are acting on its diagnosis. Last week’s Budget set out our plan to transform technical education—increasing the hours students are taught by 50%, increasing funding for technical education by £500 million a year and establishing new institutes of technology. We announced in the Budget the first £270 million of projects under the industrial strategy challenge fund, including a world-leading investment in the development, design and manufacture of batteries to power the next generation of electric vehicles, and we announced a £100 million fellowship fund to attract the world’s brightest minds to come and work in the United Kingdom.
I am pleased that my right hon. Friend is planning to visit AstraZeneca’s Macclesfield site, the largest pharmaceutical site in the United Kingdom, in the near future. Will he tell the House what plans the Government have to support the life sciences further as part of its northern powerhouse strategy?
My hon. Friend, who is a great champion of the life sciences as well as of the Cheshire economy, knows that the opportunity to negotiate a sector deal for life sciences, which is being led by Sir John Bell, will be good for the whole country, but will have particular relevance to Cheshire and Macclesfield. I am looking forward to visiting his constituency to see the facilities for myself.
(7 years, 8 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
I will indeed. I will work with any hon. Member who has an interest in securing the future of this company and others in our economy. The hon. Gentleman is absolutely right. The fact that plants will be judged, as they tend to be in the automotive sector for new models, on the basis of competitive efficiency is a strength for us in this country, because our automotive plants are the strongest in the world. I would rather we competed on efficiency. I will work, through the Automotive Council and our industrial strategy, to ensure that all the competitive elements that have been so successful to date will continue and increase.
Like my right hon. Friend and other Cheshire Members, I want to ensure that the renaissance we have seen in the automotive sector in recent years continues for decades to come. Will my right hon. Friend tell the House what steps he will take to improve technical skills and apprenticeships to ensure that automotive manufacturers in Cheshire and elsewhere in the north-west get the support they need in the years ahead?
My hon. Friend is absolutely right. I pay tribute again to the workforce in both plants and in Vauxhall’s other operations in this country. They are efficient and highly committed, and they have been very flexible. As technology changes, we need to keep their skills up to date. The automotive sector is aware of that and is working with the Government on institutions to train not just apprentices, but other people in the industry. That will have my full-hearted commitment.
(7 years, 9 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
Indeed. I am not sure that the hon. Lady, in speaking from her Front Bench, is in the best position to talk about that. She made some important points, however. She mentioned the fact that the French Government own a significant stake in PSA. That is why I felt it was important immediately to have a meeting with my French counterpart. That meeting was very constructive, and he recognised the importance of ensuring that the whole of Europe should be treated fairly in these discussions. We agreed to stay in close touch on that, and I was grateful to him for seeing me.
On the treatment of plants across Europe, one of the points that the PSA executives made to me is that, since the new management of PSA has been in place, they have taken pride in the fact that part of their strategy is not to close plants. The discussions are clearly continuing and no deal has been done, but I share the view of the hon. Lady, the hon. Member for Ellesmere Port and Neston (Justin Madders) and Members on both sides of the House: it is very important that our successful enterprises with successful workforces should be able to continue that success in the future.
As for questions about the European Union, many of GM’s operations in Europe are in Germany, which is not about to leave the European Union, so this is not a Brexit-related transaction. I have said very clearly that our commitment, evidenced in black and white in our industrial strategy, is to build on our strengths in advanced manufacturing, including in the automotive sector. That is available to all players in the sector through the Automotive Council, and in our industrial strategy we mention electric vehicles, battery storage and training, which are important to all members of the sector and, as I began by saying, have attracted enthusiastic support from firms all over the world.
I welcome my right hon. Friend’s characteristically speedy response to this new situation. Can he confirm that the UK automotive sector is not only integral and important to our industrial strategy but will play a vital role in shaping our future trade relationship with EU member states post-Brexit?
I agree with my hon. Friend. One of the strengths of our automotive sector is that it is particularly international. It benefits from and is strengthened by trade to and from not only the rest of Europe but the whole world. Vauxhall’s being owned by GM for such a long time is a reflection of the fact that the motor industry has long been international beyond Europe. The industry will be very prominent in our discussions.
(7 years, 10 months ago)
Commons ChamberI do not recognise the issue that the hon. Gentleman mentions, but if he speaks to me later, I will be able to find out more about it. I am grateful for his welcome to our approach. I argue strongly that it builds on some of the successes we have enjoyed in recent years, not least by devolving powers and funds to local areas and looking to create institutions that can conduct research and development that now has a worldwide reputation. However, we cannot be complacent; we need to continue that and build on it in the future.
I congratulate my right hon. Friend on his impressive industrial strategy, which works hand in glove with the Government’s Brexit plans to strengthen business confidence further. The new strategy also underpins the Government’s commitment to the life sciences. With that in mind, will my right hon. Friend accept an invitation to come to Macclesfield to see AstraZeneca’s site—the largest pharmaceutical site in the UK—to find out more about its exciting growth plans for the future?
I will, indeed. Talking about the life sciences in the north-west touches on one of the themes of the Green Paper, which is the interaction between sectors and places, and how we can build institutions that can encourage smaller businesses to benefit from the presence of a range of other businesses in that sector. We have further work to do, and my hon. Friend will be expert adviser on it.
(7 years, 11 months ago)
Commons ChamberThe hon. Gentleman makes an important point. Outside of family and education, work offers some of the principal opportunities for progress and making use of people’s talents. The best businesses recognise that spotting and promoting talent is a sure way to corporate success. That is not part of the consultation, but he makes a reasonable point and will have the opportunity to respond to the section that asks whether other areas should be considered.
I welcome today’s statement. At a time of uncertainty, it is vital that we have greater confidence not only in free enterprise as a principle, but in the listed businesses and privately held companies that operate in our free market. What support has my right hon. Friend received from the business community in favour of the Green Paper, in particular the concept of greater shareholder scrutiny of a company’s activities?
Business wants to enhance its reputation and it is much in its interest collectively to do so. This morning, the Institute of Directors, the CBI and the Investment Association, which represents those who invest the funds that the pension funds of ordinary working people put into British business, all welcomed not only the content, but the approach that is being taken. I am pleased and grateful for that support.
(9 years, 8 months ago)
Commons Chamber15. What steps he is taking to promote regional growth.
Since this Government were elected, nearly 2 million more people are in employment, with jobs created in every region of the country—60% outside London and the south-east. The 28 city deals and 39 local growth deals are helping drive local growth by transferring powers and resources from Whitehall to local economies.
My hon. Friend is absolutely right. It is notable that, during the time when £20 billion was spent on regional development agencies by the Labour party, the divisions within our economy grew, whereas, under this Government, the growth in jobs and employment right across the country is accelerating, which is good news for every part of the country.
I congratulate my right hon. Friend for all that he has done to help take forward the vision of a northern powerhouse. That will lead not just to important infrastructure developments, but to the transfer of power to local authorities and a much-needed focus on key industrial sectors in the north-west. Will he tell the House what steps he has taken to help take the life science corridor forward in north-east Cheshire?
One principle behind our reforms in devolving powers is that every part of the country is different, and it is that difference that plays to the strengths of those reforms. Throughout this Parliament, my hon. Friend has been a formidable champion of the science sector in Cheshire and across the north-west. It is doing very well and creating jobs. I thank him for his efforts during this Parliament.
(11 years ago)
Commons Chamber1. What powers and resources he plans will be devolved from central Government to Macclesfield.
The Cheshire and Warrington local enterprise partnership, which includes Macclesfield, is developing a proposal for its local growth deal. This deal will enable the area to agree freedoms and flexibilities to support the drive to devolve power and resources, including access to funding from the local growth fund, which is worth at least £12 billion over the next five years.
I welcome the Government’s plans to devolve further powers to LEPs and I welcome the funding, which is vitally important, but what steps are the Government taking to work closely with the Cheshire and Warrington LEP and the taskforce at the AstraZeneca site at Alderley Park to ensure that there is a locally based strategy for the future of life sciences in north-east Cheshire?
That is precisely what the local growth deal provides the opportunity to do. I pay tribute to my hon. Friend and the Chancellor of the Exchequer, my right hon. Friend the Member for Tatton (Mr Osborne), for their assiduity in making sure that AstraZeneca in particular has maintained its commitment to Cheshire and to the north-west, securing 300 jobs just in recent weeks. I expect this to be at the heart of the deal that is proposed by the LEP.