Business of the House

Gregg McClymont Excerpts
Thursday 27th January 2011

(13 years, 9 months ago)

Commons Chamber
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Lord Young of Cookham Portrait Sir George Young
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There have indeed been some very encouraging manufacturing figures, to which my hon. Friend refers, and some buoyant export orders, which I also welcome. Coupled with our proposals to cut corporation tax and cancel the increase to employers’ national insurance contributions, and other steps to promote growth and prosperity, the background that he outlines gives us reasons for optimism.

Gregg McClymont Portrait Gregg McClymont (Cumbernauld, Kilsyth and Kirkintilloch East) (Lab)
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Scotland’s other national drink, IRN-BRU, is headquartered and housed in Cumbernauld in my constituency. It provides hundreds of good local jobs, but the company tells me that it is being affected deleteriously by the substantial increase in the price of sugar over time. May we have a debate on the impact of rising commodity prices on British consumers and British industry more widely?

Lord Young of Cookham Portrait Sir George Young
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My hon. Friend the Deputy Leader of the House advises me that that company has today announced record profits. I am delighted that it has managed to overcome the rise in commodity prices. I do not know whether with a bit of ingenuity the hon. Gentleman could develop his point at greater length in the debate on the Scotland Bill later today.