(7 years, 1 month ago)
Commons ChamberMy hon. Friend was a great champion of the strategy in the previous Parliament, and I hope that he will be here. One of its early fruits is the industrial strategy challenge fund, which is already making resources available for research in healthcare and medicine, artificial intelligence, clean energy, driverless cars, advanced materials, and satellites and space technology. That is exactly in line with what he and his group have been urging.
T2. The Conservative manifesto pledged to deliver a country“where wealth and opportunity are spread across every community in the United Kingdom”,and I see that Northern Ireland has just had its share. Will the Secretary of State tell me how the Government’s industrial strategy will bring wealth and opportunity to places such as Blackburn, where the national average wage is far less than it is in Maidenhead, for example? Blackburn has seen too many cuts from this Government and it is time that we had some investment, so how quickly can the strategy be delivered?
I welcome the hon. Lady to her place. She will discover over time, I hope, that a key part of the industrial strategy is to drive growth in all parts of the country. My Department and I have looked to get funds out of Whitehall and into local places in every part of the country, including £320 million in Lancashire for the funding of the growth deal. She will also be aware that it is necessary to have an economy that is prospering, and one thing that would stand in the way of that is the record peacetime taxation with which the manifesto on which she stood was threatening the country.