Life Sciences Investment

Ian Sollom Excerpts

Thursday 11th September 2025 Commons Chamber

[Mr Speaker]

I call the Liberal Democrat spokesperson.

[Ian Sollom (St Neots and Mid Cambridgeshire) (LD)]

I welcome the Minister to his place. It is incredibly disappointing that MSD has pulled out of this billion-pound investment in the UK, including the loss of more than 100 jobs in important life sciences infrastructure. However, this has been on the cards for some time, and the warnings to Government have fallen on deaf ears. Earlier this year, AstraZeneca also cancelled planned upgrades to its production, and Novartis has described the UK as “largely uninvestable”. One pharmaceutical company reducing its UK operations is a problem, but there is a worrying trend that threatens a crisis in the sector.

The UK is becoming less and less attractive to the life sciences industry, and with good reason. First, the Budget saw huge rises in costs to all businesses, including through Labour’s jobs tax. Secondly, there has been a notable lack of investment across the life sciences sector, including in job creation, critical skills and creating a commercial environment that can compete internationally. The Lib Dems continue to call for the Government to make research and development investment 3.5% of GDP, and the life sciences would be a key focus. That would be coupled with extra support for academic institutions to commercialise research. How do the Government plan to restore confidence among pharmaceutical companies that the UK is a competitive place for research and development and manufacturing?

[Ian Murray]

I am grateful to the hon. Gentleman for raising those points. It is important to lay out to the public and to the House that MSD will continue to employ 1,600 people and be a key part of the life sciences sector. There are many companies that are investing in this country—Moderna, BioNTech, Isomorphic Labs—and in my own constituency, Roslin CT is expanding at such a great pace that it cannot keep up with the amount of space and the wet lab facilities it requires. Those are all the challenges that we have to try and deal with.

I gently say to the hon. Gentleman: the second sentence of his contribution was about the national insurance increases for employers and the fourth was about spending more money on R&D and life sciences. They cannot both be true. If we want to spend money on our priorities—political parties will have different priorities—we have to raise that money. We cannot have it both ways. The message to the industry is: this is the best place in the world to invest. Bring your investment here and this Government back you through an industrial strategy and a life sciences sector plan.

Draft Casinos (Gaming Machines and Mandatory Conditions) Regulations 2025

Ian Sollom Excerpts

Monday 16th June 2025 General Committees

[Ian Sollom (St Neots and Mid Cambridgeshire) (LD)]

It is a pleasure to serve under your chairship, Mrs Hobhouse.

The regulations before us today represent a change that runs directly counter to the Liberal Democrat approach to tackling problem gambling and gambling harm. Public Health England estimates that problem gambling costs the economy £1.27 billion annually in healthcare, criminal justice and other social costs. Over 420,000 online gamblers lose at least £2,000 a year, with those losses being disproportionately concentrated in our most deprived communities.

Recent NHS data shows that gambling addiction referrals to specialist clinics more than doubled last year; that is partly why the Liberal Democrats have consistently called for a public health approach to gambling harm. We know that gambling affects not just individual players but families, communities and wider society. We know that there are more than 400 gambling-related suicides annually and that 340,000 problem gamblers in the UK deserve better protection than these regulations provide.

The stated aim is to help land-based operators compete with online gambling companies, but I suggest that that creates a race to the bottom. Instead of relaxing physical gambling regulation to match that online excess, maybe we should look at strengthening the online space. I have two questions for the Minister. First, what specific assessment has been made of whether increasing gaming machine ratios from 2:1 to 5:1, combined with that new extended entitlement for up to 80 machines, will increase gambling-related harm? Secondly, given that 20% of the UK population are directly or indirectly harmed by gambling, will the Government commit to monitoring harm rates following these changes and to adjusting the regulations if harm increases?

The regulations are easing controls precisely when stronger controls are needed. They prioritise industry convenience over consumer protection and take a step back from the harm reduction principles that should guide gambling policy. For those reasons, the Liberal Democrats oppose the regulations.