Oral Answers to Questions

Jamie Wallis Excerpts

Thursday 2nd May 2024 Commons Chamber

[Dr Jamie Wallis (Bridgend) (Con)]

11. What recent assessment she has made of the contribution of the manufacturing sector to the economy.

[The Parliamentary Under-Secretary of State for Business and Trade (Alan Mak)]

The UK is a global hub for advanced manufacturing, and according to the OECD, the UK’s manufacturing sector has had the fastest growth in the G7 since 2010. The importance of the sector was highlighted in the Manufacturing Technologies Association’s recent “The true impact of UK manufacturing” report. Manufacturing contributed £217 billion gross value added to the UK economy in 2023, and plays an outsized role in the key drivers of growth, including by accounting for over 40% of UK exports.

[Dr Wallis]

The UK leads the way in areas such as artificial intelligence, robotics and the internet of things, which are important for our future, especially in manufacturing. How is that strengthening British businesses and the British economy?

[Alan Mak]

It is well known across the House that my hon. Friend is a strong champion for manufacturing and advanced technologies. The Government are also strongly committed to supporting research and development and innovation, because they contribute significantly to our economic growth. In particular, industrial technologies such as robotics and AI are supporting manufacturing businesses to be more productive and sustainable. That is why the Government have increased R&D investment to £20 billion a year, and are expanding Made Smarter, our highly successful industrial digitisation programme for small and medium-sized enterprises.