(7 years, 8 months ago)
Commons ChamberMy 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.
Having dipped my toes into controversy by talking about places with claims to be the cradle of the industrial revolution, I am certainly not going to nominate the best local newspaper in the country—suffice it to say that I gather the Foreign Secretary began his illustrious career on the Express & Star, although I do not know whether that shows its prescience, or whether it has recovered from that particular judgment. Local newspapers make a vital contribution to the success of local business, and I am delighted to hear about the initiative that the Express & Star is promoting.
(11 years, 6 months ago)
Commons ChamberI certainly will meet the hon. Gentleman, who has been a pioneer in these matters. I have been very taken with his report’s recommendations. He points to some initiatives taking place in the US to have social impact bonds, and the authorities in London are keen on this, too. I am sure that he will want to continue his campaign; he will find a receptive counterpart in me.
Q16. What recent assessment he has made of the extent to which the rate of increase of average earnings has kept up with the rate of consumer price inflation.
(13 years, 5 months ago)
Commons ChamberHow can I resist such an invitation when my hon. Friend the Member for Wyre Forest (Mark Garnier) has extolled the virtues of Kidderminster, and indeed Worcestershire, in such lyrical terms that I am surprised that every Member present is not changing their holiday plans to spend the summer there?
I sincerely congratulate my hon. Friend on securing this debate on enterprise zones in general, and Kidderminster in particular. I was enormously impressed by the chorus of approval that greeted him when he got to his feet, not only from Members from Worcestershire, welcome though their support is, but from all over the country—Staffordshire, Dudley, Brighton, Yorkshire and Oxfordshire. If he is so skilled in putting together such a supportive chorus for the Kidderminster bid, I think it will fare well.
I have to be careful in what I say; my hon. Friend places me in a difficult position. He will understand that the application process is still open—it closes later this month—and that it would be invidious of me to favour the claims of Kidderminster above those from other parts of the country. However, he has put the merits of Kidderminster forcefully on the record and into my mind.
I am delighted to hear the Minister accept the invitation to visit Kidderminster. When he does that, would he prepared to make a short detour—just 12 miles or so up the road—to visit Dudley to examine the case for Government support for measures that will bring enterprise, new industries and new jobs to my constituency so that we can see growth right across not only Worcestershire but the black country?
I would be very happy to extend my trip to include the black country as well as Worcestershire.
Let me take the opportunity to set out some of the background to the process that has resulted in such an enthusiastic bid from Kidderminster. Like my hon. Friend, I pay tribute to and recognise the breadth of support that he has been given. The fact that Mr Woodman and his colleagues from Worcestershire have come to the House today shows the depth of support for the case that my hon. Friend mentions.
The coalition agreement, which was published a year ago, sets out two overriding aims for the Government’s term of office. The first was to get the economy back on track. The second was to achieve an historic shift in power and influence from central Government to local communities. What we are discussing encapsulates both aims. It is about living up to economic potential and realising that by giving communities their head and the ability to drive growth themselves.
This policy addresses the situation that we had before the election. My hon. Friend referred to the artificial constraints that divided some areas of the country and forced others into an uncomfortable relationship. The previous approach of regional development agencies being imposed from the top down clearly went against the grain of our historical geography and of how people live their lives locally. To that extent, it suppressed rather than enhanced the ability of different parts of the country to establish their economic identity in the same way that they have always had different characters. Part of the purpose of this degree of decentralisation is to empower different parts of the country to prosper economically.