Oral Answers to Questions

Ian Lavery Excerpts

Wednesday 18th January 2023 Commons Chamber

[The Prime Minister]

My 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.

[Ian Lavery (Wansbeck) (Lab)]

Q6. It is almost a year to the day since the then Business Secretary, the right hon. Member for Spelthorne (Kwasi Kwarteng), in a visit to the Britishvolt site in my constituency, promised the company £100 million and proudly boasted to the national media that he could not think of a project that better demonstrated levelling up. Yesterday, the company entered administration having received not a penny in financial support from the Government. Does the Prime Minister agree with me that there is not a single project in the country that better demonstrates the Government’s lack of industrial strategy, failure with levelling up and abandonment of the north-east?

[The Prime Minister]

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.