Jacob Young
Main Page: Jacob Young (Conservative - Redcar)Department Debates - View all Jacob Young's debates with the HM Treasury
(4 years, 2 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Sajid Javid
My right hon. Friend, as always, is absolutely right. The financial services sector employs millions of people—not just in London, but in Edinburgh, Birmingham and so many other parts of our great country—and generates more revenue for public services than any other industry. He is right that financial services will be a key part of forging that new relationship with our European friends.
Jacob Young (Redcar) (Con)
Does my right hon. Friend agree that the best way to boost our manufacturing sector, and the economy, is by creating 10 new freeports—and the best place for a freeport is, of course, in Redcar?
Sajid Javid
I absolutely agree with my hon. Friend on the importance of freeports. It is a reminder that, as we forge a new chapter for our country outside the EU, there is so much we can do to boost opportunity in our country, and freeports are a key part of that.