(1 week, 2 days ago)
Commons Chamber
Henry Tufnell (Mid and South Pembrokeshire) (Lab)
I welcome the Government’s support for British industry, including through the British industrial competitiveness scheme. However, the fact that the oil refinery sector is not included in that scheme threatens thousands of jobs and our national energy security. Will the Secretary of State consider expanding the scope of the scheme and reviewing its broader eligibility requirements?
Blair McDougall
I thank my hon. Friend for his consistent support for the refining industry. I have been meeting with the industry this week to discuss issues such as the energy issues that he mentions. We recognise that the sector faces real challenges. The work to consider the impacts and the feasibility of bringing refined products, for example, into the scope of the UK carbon border adjustment mechanism is ongoing, and we will certainly continue to engage with him on energy costs and other issues.
(11 months, 3 weeks ago)
Commons ChamberI am very grateful to the hon. Lady for welcoming me to the Dispatch Box. We are very aware that we inherited a crisis—a crisis created by the Conservative party, including the state in which they left our global relations, the lack of growth in the economy and the effects of the mini-Budget. The reputation of our country was in tatters as a result and our public services were on their knees, but all of those things are being turned around because of the decisions taken by this Chancellor. The Conservatives should be celebrating the fact that we had the fastest growing economy in the G7 for the first six months of this year, because these are the kinds of actions that show we are getting growth and stability back into our economy, and give businesses the predictability upon which to build future success and prosperity and the creation of jobs. The Conservatives should be celebrating that, not talking our country down.
Henry Tufnell (Mid and South Pembrokeshire) (Lab)
Noah Law (St Austell and Newquay) (Lab)
The Parliamentary Under-Secretary of State for Business and Trade (Blair McDougall)
The whole of Government are focused on delivering the industrial strategy, and significant progress has already been made. This month, we published our new quarterly update, which reports on the key economic indicators for growth-driving sectors, delivery milestones and major investments. With over £250 billion of investment committed and over 45,000 jobs supported since July, we are delivering on that vision.
Henry Tufnell
Mid and South Pembrokeshire plays a vital role in the UK’s energy sector, supplying 20% of the UK’s energy. This Government have recognised that the future of Britain’s energy security depends on Pembrokeshire, identifying us as a key growth region and investing in our workforce with an £800,000 skills pilot. Will the Minister set out how the industrial strategy will help empower communities from Pembroke Dock to Milford Haven to continue to lead the way in our energy security and help generate local economic growth?
Blair McDougall
My hon. Friend has been a constant advocate for the energy potential of Pembrokeshire. That is why the industrial strategy supported south-west Wales’s clean energy potential through targeted investment in infrastructure and workforce development. The strategy will build on that using the potential of the port of Milford Haven, floating offshore wind in the Celtic sea and carbon capture technologies. The £800,000 skills pilot that he refers to underpins that clean energy industries sector plan. The National Wealth Fund will also benefit Wales, as it will invest in the sectors he mentions that are prevalent in that area.