Ian Lavery
Main Page: Ian Lavery (Labour - Blyth and Ashington)Department Debates - View all Ian Lavery's debates with the Cabinet Office
(1 year, 7 months ago)
Commons ChamberMy hon. Friend makes an excellent point, and I am happy to join him in paying tribute to his constituents at the MOD facility. The work they are doing is making a critical difference in the fight to combat Russian aggression in Ukraine. I know it is extremely appreciated, both by the President of Ukraine and his people. My hon. Friend is also right that it highlights the need for more investment, which is why we are putting £24 billion of investment into our armed forces and increasing the amount of kit that we manufacture here at home.
First of all, let me say that my thoughts are with the company’s employees and families at this time, and we stand ready to support those impacted. Let me just outline to the hon. Gentleman what exactly has happened. We did offer significant support to Britishvolt through the automotive transformation fund—a considerable amount of funding—but entirely reasonably, and this is not something I expect the Labour party to understand, that support was conditional on the company receiving private investment as well, which is a sensible protection for taxpayers. Unfortunately, that did not materialise. It is completely wrong to take from that what else is happening in the north-east. Across the north-east, there is new investment in the new N-Vision and Nissan plant in electric vehicle manufacturing. That is a £1 billion investment in the north-east. Look at what is happening in Teesside on clean energy. This Government are committed to the north-east, and we will deliver more jobs and opportunity under this Conservative Administration.