Crown Estate Bill [Lords] Debate

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Department: HM Treasury
James Naish Portrait James Naish (Rushcliffe) (Lab)
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Just this morning, the CBI has said that Britain’s net zero economy is booming. The sector is growing three times faster than the overall UK economy, the average salary in the net zero sector is £5,600 higher than the national average and productivity in the sector is nearly 40% higher than in the wider economy. Does my hon. Friend agree that this is an industrial opportunity for this country that we cannot afford to ignore, and that this Bill will help us to realise this opportunity and make it more achievable?

Sureena Brackenridge Portrait Mrs Brackenridge
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I absolutely agree. This is an example of how this Government will respond to the changing world that we live in. This Bill is about backing British industry, investing in local communities and making sure that places such as Wolverhampton North East lead the way in the UK’s future success.