Bombardier Debate
Full Debate: Read Full DebateLord Spellar
Main Page: Lord Spellar (Labour - Life peer)Department Debates - View all Lord Spellar's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 1 month ago)
Commons ChamberAs I said, the aerospace growth partnership that I jointly chair is responsible for precisely what my hon. Friend asks for—the development of the industry in a high-tech manner using the skills in research and development that we have. We are very supportive of the industry, because apart from the high-level employment, the exports are very significant. As I say, out of £42 billion in turnover, the industry has £38 billion of exports, so it is absolutely critical to us.
Like my hon. Friend the Member for Brent North (Barry Gardiner), I was appalled by the Minister’s statement that as Bombardier is a private company the Government have no role in its commercial decisions—the “not me, guv” approach to government. It mirrors the blinkered approach of the Ministry of Defence, which has been shovelling contracts towards Boeing, often without competition, while Boeing is trying to crash Bombardier. What sort of message does the Minister think that that sends? Is it really too much to hope for a whole-of-government, active approach to back an industrial strategy, and back British industry and British workers?
I rarely disagree with the right hon. Gentleman, but I must remind him that what I said about this being a commercial decision is a question of fact. It is not subjective; it is not a value judgment. This is a private, independent company that is quoted on the Canadian stock exchange. He is very well aware of that, being very experienced. [Interruption.] The Government can influence it, as I heard in a typically erudite chunter from the hon. Member for Sefton Central (Bill Esterson). We influence it by the investment we put into research and development, as he quite correctly said. That is very important. I know from my discussions with Bombardier management centrally that they do regard Northern Ireland as a central part of their developments in future. As I said in my statement, the company gave us various undertakings. The future of the plant in Northern Ireland—in Belfast—is absolutely critical to them.