(1 week, 1 day ago)
Commons ChamberI thank my hon. Friend for raising the important aspect of business innovation and for mentioning those businesses, which are important to Northern Ireland’s economy. We are working with the Northern Ireland Executive to ensure the best outcome for Short Brothers and its staff in relation to Spirit. The Department for Business and Trade remains in contact with Spirit, Airbus, Boeing and other potential buyers. We want to see an outcome that includes a commitment to develop Short Brothers and its supply chain as part of any acquisition and that provides the best possible opportunity for growth in Northern Ireland. The Department for Business and Trade continues to provide over £13 million of support for Short Brothers’ research and development activity.
Across these islands, Northern Ireland is at the forefront for fibre broadband due to our confidence and supply deal with the previous Government. Can the Minister indicate what is being done to promote this golden innovative opportunity nationally, which would help small businesses right across Northern Ireland?
This Government are working across the whole of the UK to promote those businesses, and the industrial strategy provides an excellent opportunity to have this discussion. The UK Government are working with businesses, trade unions, local and devolved leaders, experts and international partners to develop that international strategy, which will cement this work and growth. Eight growth-driving sectors have been identified, including some that my hon. Friend the Member for Warwick and Leamington (Matt Western) has already identified—advanced manufacturing, clean energy industries, creative industries and so on. The transition to net zero also provides huge opportunities, and we will make the most of them.