(11 years, 10 months ago)
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The hon. Gentleman makes a valid point. Any business is only as good as its work force. The work force make the business; the managers, the people working on the shop floor and the designers are what the business is. The hon. Gentleman will not hear a single word of disagreement from me on that.
What I hope we will see from the LEPs is embodied in what we will see over the next couple of years, with the city deals and what is being piloted in Birmingham—a great expansion of their role, with them taking a much more active role, being much more involved in small, medium-sized and large businesses, and encouraging investment.
The regional growth fund has an incredibly important role to play. I welcome the fact that we have it until 2015. I also welcome the fact that, in the last round, the west midlands benefited from £123 million of investment from the RGF. Those are immense positives, which I welcome, but I would like the RGF to go far beyond 2015. I appreciate that it is not always within the gift of the Government to say when these things will go on to, but we want some degree of consistency in industrial policy. I always say that one of Germany’s great successes is the fact that it has taken a consistent approach to industrial policy pretty much since the war. There has been more of an evolutionary process, as against radical change when there has been a change of Government.
I very much welcome what the RGF does, but one slight flaw in it is the fact that it is aimed at very big investments. I applaud what the black country LEP did to bring together a consortium of businesses. A number of the people involved in those businesses live in my constituency, and they have talked about the important role that the initiative has had in helping much smaller companies to tap in to what the RGF can deliver. I encourage other LEPs to look at a similar mechanism and at how they can build consortia to tap into the RGF.
I would welcome it if the Minister could say something about the Government’s commitment to the RGF and give more commitments about what it can do. I was going to say that I will not engage in special pleading for the west midlands, but that would be a lie—I do want to engage in special pleading. We want the number of manufacturing jobs to increase, and the RGF will play an important role in that. Yes, cuts in corporation tax are important. Yes, Government support for everything from Catapult investment into apprenticeships is vital. However, for the west midlands to grow, the Government must back British and west midlands manufacturing consistently, all the way, absolutely to the hilt.
The local authorities in my constituency—Staffordshire county council and South Staffordshire district council—and Wolverhampton city council are very much working to make sure that we get tens of millions of pounds more in investment in the i54 business park. I would like a clear commitment from the Minister that he will support Staffordshire county council, Wolverhampton city council and South Staffordshire district council in getting that investment and that he is willing to listen if they need help and support from the Government. He has had an open-door policy since he came to his post in September, and I very much hope that that continues.
Together, consensually, as a group of west midlands MPs, we can make sure that the west midlands are the industrial heartland and the manufacturing centre of this great nation, and that our manufacturing businesses are once again growing and employing more people. We are starting to see that, and that is what we all want and what we are all striving for. I hope my right hon. Friend the Minister will help us to deliver that.
At least eight hon. Members have indicated a wish to speak. I intend to start the winding-up speeches at 10.40, so I ask them to try to restrict themselves to about five minutes, if possible, so that everyone can get in.