(1 year, 1 month ago)
Commons ChamberMy thoughts remain with all those affected by this appalling tragedy. The infected blood scandal should never have happened, and that is why the public inquiry was set up by one of my predecessors. I have submitted written evidence to the inquiry and am due to give oral evidence shortly, so it would be inappropriate for me to comment further at this time.
Some 800,000 people work indirectly or directly in our car industry, which accounts for 10% of our country’s exports. I strongly welcome the £4 billion investment by Tata Motors in a battery factory, and the jobs associated with it. Will my right hon. Friend build on that success and pursue a clear plan to get more gigafactories, including in the west midlands, so that we can capitalise on our lead in battery innovation and technology?
My right hon. Friend is absolutely right to highlight the importance of today’s announcement. It is one of the largest-ever investments in the UK auto industry in this country’s history, with billions of pounds and thousands of jobs, and it is a massive vote of confidence in the UK economy.
(1 year, 3 months ago)
Commons ChamberWe are strengthening investment here at home and increasingly playing our part in the critical minerals recycling chain. Recycling in particular, which is a key part of how we can ensure long-term sustainability, is an area where there is an enormous growth opportunity in the UK, and we are investing directly in that. As the right hon. Member will know, we have just signed critical minerals agreements with Japan and Australia, with more to come, as I continue conversations with other leaders. In particular, our new economic coercion unit, which is being established, will work to ensure that China cannot exert undue influence on countries that possess critical minerals, to ensure that they can trade those minerals freely and fairly.
I should declare that I have the honour to be the Prime Minister’s trade envoy to Japan. Next week marks the 30th anniversary of the opening, by the then Prince Charles, of Toyota’s manufacturing plant in Derbyshire. It has been a tremendous asset for both our countries. Does the Prime Minister agree that in a turbulent world—one in which, as my right hon. Friend the Member for Epsom and Ewell (Chris Grayling) says, protectionism is on the rise—our two countries, Japan and the UK, are more like-minded than ever, and even more than at that time? Will the Prime Minister commit to work closely with Japan to manufacture the next generation of cars, as well as new technologies, from offshore wind to satellites and AI?
I congratulate my right hon. Friend on his appointment; I know he will do a superb job, and I agree with him. As the recent Hiroshima accords say, the relationship between the UK and Japan is the strongest that it has ever been across all areas. Whether on scientific collaboration, trade and economic growth, or indeed security, the partnership is strong, and the recent accords that we have signed will take it to even greater depth and levels of co-operation.
On the issue of auto manufacturing, I was pleased to meet the president of Nissan while I was in Tokyo, who had also recently met the Chancellor. As my right hon. Friend can see from the announcements, there is confidence in the UK economy, and we will continue to work closely with Japanese automakers to ensure that there is investment in the UK and that we can make the next generation of electric vehicles here.
(1 year, 5 months ago)
Commons ChamberYes, as a simple matter of fact, the European Court of Justice is the final arbiter on matters of EU law. That is what the President said; she is right. That is simply the legal fact of the case.
May I strongly welcome my right hon. Friend’s personal achievement—ably supported by the Foreign Secretary and the Northern Ireland Secretary—in securing this deal?
It is wholly wrong that the European Commission damaged scientific research by blocking the UK’s association with the Horizon and Copernicus programmes, and nuclear co-operation through Euratom, which have nothing whatever to do with the Northern Ireland protocol. Mrs Von der Leyen indicated earlier today that the EU had changed its mind and its position on this. Is that my right hon. Friend’s understanding? If so, scientists and engineers will welcome that. Will he implement a viable UK alternative should delays persist?
I thank my right hon. Friend for his support. He is right to highlight the many areas of co-operation that we can and should have with the European Union. Science and research is one, but illegal migration, which my right hon. Friend the Member for Bromsgrove (Sajid Javid) brought up, is another, and there is a whole range of possibilities around energy security, climate change and others.
My right hon. Friend the Member for Tunbridge Wells (Greg Clark) is also right that we should always reserve the ability to have a UK alternative to Horizon. That is something that the Government said we would do, and I know that he has fed in about how best to do that. I look forward to having that dialogue with him.
(1 year, 9 months ago)
Commons ChamberAs we have been discussing, I believe we have a moral obligation to help those countries with the transition to net zero and I am proud to say that we are playing our part in doing that. It was great at COP to sit down with leaders from many of those emerging market countries that are benefiting from the investments from our country to help them with the transition. They recognise the leadership role that we are playing.
We need to create jobs and prosperity as we transition to net zero. In battery technology, we are world leading in the research, but we need to manufacture batteries here. Given the concerning news about Britishvolt, will the Prime Minister and his colleagues commission an urgent review of how we can deliver the gigafactories that are necessary in this country in the short term to make sure that we have a continuing vibrant car manufacturing industry?
I thank my right hon. Friend for his comments. I think it may have been his idea to create the Faraday battery challenge, but I was pleased to support that, as Chancellor, with £200 million of funding. He is right about the importance of building a domestic gigafactory capability. I was pleased with the announcement from Envision and Nissan in Sunderland. There is more in the pipeline, and we have the automotive transformation fund available to support those projects to build the vibrant ecosystem that he and I both want to see.
(2 years, 5 months ago)
Commons ChamberI have a lot of respect for the hon. Lady, but on this matter I believe she is wrong. She has incredible hindsight to point out now issues that neither she nor anybody else raised at the time. Quite the opposite, in fact: I was told daily in this Chamber to get money out not in weeks and months, but in hours and days. Putting longer fraud checks in place would have taken weeks, so I stand by the decision that we made.
We have put various safeguards in place. We have blocked £2 billion of bounce back loans—60,000 because of the checks at Companies House. The National Investigation Service and the National Crime Agency are in the process of successfully prosecuting dozens of people. We are striking people off from Companies House and we are investing more today in the NCA, NATIS and the British Business Bank so that they can work on the interventions that we know are doing very well. I think it is wrong for hon. Members to pretend now that they wanted to do something at the time, when they did not.
I congratulate the Chancellor on a tax-cutting, deficit-cutting, tax-simplifying statement that is very much in the tradition of Nigel Lawson. He mentioned research and development tax credits. Are we on track for our target for investment in R&D across the economy to reach 2.4% of GDP by 2027? When will the changes to R&D tax credits come into effect so that further progress can be made?
I thank my right hon. Friend for his support; I know that this is an area of particular interest and concern for him. The 2.4% comprises two things: what the Government spend and what private businesses spend. I can reassure him that we are more than on track for the Government bit of it: we already spend the OECD average on the 2.4%, and that spending will go up by 50% over this Parliament, so the Government are doing our bit. As I said in my statement and in the Mais lecture, the private sector lags significantly internationally in how much it spends.
The changes that we are making to R&D will all come into effect in the spring next year and will be announced finally in the autumn Budget. My right hon. Friend wrote the foreword to a very helpful report on this topic. I look forward to working with him, with his Committee—the Select Committee on Science and Technology—and with others so that we get these changes right and drive up private sector investment in R&D.
(4 years, 5 months ago)
Commons ChamberI refer the hon. Lady to the measures in the Budget last week, particularly on homelessness and rough sleeping. We announced £640 million to build 6,000 more units and to provide support for substance abuse support services, once people are off the streets, to help them tackle their long-term addictions. That money will make an enormous difference and build on the good work of the Secretary of State for Housing, Communities and Local Government.
It was not possible for ordinary businesses and working people to anticipate the scale of the most severe public health crisis for 100 years, so does the Chancellor accept that for many businesses the nation has to act, not so much as a lender of last resort, but as a collective insurer of last resort, meeting their unmet operating costs if they are to keep people employed and inoculate against economic contagion?
My right hon. Friend is right to highlight the need to provide support for businesses with their fixed costs, rather than their variable ones. That is what we need to help bridge through—the cash grants today related to rateable value, with reference directly to rent payments—but he is right that other fixed costs are people, which is why we are working up measures in that area.
(7 years, 7 months ago)
Commons ChamberThe House of course knows of the situation at Doosan Babcock. Whenever any business makes redundancies, or redundancies are threatened, that is a worrying time for the employees. We are active, through Jobcentre Plus and our other agencies, in making sure that whatever opportunities are available, whether new jobs or training, are offered. In that respect, we generally have a good record, including in the hon. Gentleman’s constituency, and the Green Paper takes up that approach. It acknowledges that businesses will close from time to time, but that the most important thing is that we equip those workers with the right skills to get good jobs in the future.
I welcome the Government’s commitment to skills. Does my right hon. Friend agree that creating a UCAS-style system for apprenticeships could realise the Government’s ambition by giving technical education greater parity of esteem with universities, making it easier for young people to find local vacancies and increasing the number of SMEs offering apprenticeships?
I am grateful to my hon. Friend for his words and for his contribution, which, as he will see when he reads it, features prominently in the Green Paper. It is an excellent idea, and I hope he will promote its success in the years ahead.
(7 years, 8 months ago)
Commons ChamberI would be delighted to meet the hon. Lady. I am proud of the city deals and the growth deals that we have negotiated, including in Glasgow, which is not far away from Ayrshire in the west of Scotland. Ayrshire has a huge amount to offer, and Prestwick is an important asset. I welcome the initiative of the councils in Ayrshire.
May I urge my right hon. Friend to consider creating free ports across the nation? Such free trade zones around our great port cities can simultaneously boost manufacturing, promote regional growth and grow exports—surely, all key ingredients in a successful industrial strategy.
I am grateful to my hon. Friend for his industry. He has published an excellent report for the Centre for Policy Studies, which makes for very good reading. He knows that I am considering it with my colleagues, and I commend him for writing it and putting it forward.
(7 years, 11 months ago)
Commons ChamberIt is certainly not that. I would very much welcome the involvement of the new Select Committee which I expect to be formed in ensuring that we capture everything that we need to make a success of the strategy. I do not think that it is brand new, in the sense that, as I have said, we build on success. For instance, we talked to one of the hon. Gentleman’s colleagues about the automotive sector, which we know has been a significant source of strength. The environment that we have created with the firms in the sector, and with universities and scientific institutions, has been crucial to its success. We will build on those strong foundations, and will be very clear about our path for the future.
As the Government formulate their industrial strategy, may I urge my right hon. Friend to look at the American small business innovation research programme, which funds research at the critical stage between science and the commercialisation of technology, and which has spawned companies such as Qualcomm, Jawbone and Tesla? Will he consider a United Kingdom equivalent?
County councils and other authorities in the first two years experienced sharper reductions in the revenue support grant, and representations across local government, including Labour authorities, suggested that we should ease the transition. I would say to the hon. Lady’s constituents in Hull that much attention has been paid to that important city through the growth deal that we established, which invested substantially in the area. The prospect of further devolution offers more important opportunities for that city.
I thank my right hon. Friend for meeting colleagues and me, and for listening to rural communities. I warmly welcome the statement. An ageing population is a key driver of cost, so will my right hon. Friend ensure that future funding formulae, instead of using out-of-date figures, will keep up with the changing demographics in areas such as North Yorkshire?