Economic Update Debate

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Department: HM Treasury
Wednesday 8th July 2020

(4 years ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I am excited to hear about what is going on at Bury College. My hon. Friend is absolutely right about the importance of youth employment—a subject area that he knows well. The Secretary of State for Work and Pensions would probably be delighted to sit down with my hon. Friend, as we announced today our tripling of sector-based work academies, and make sure that we can figure out how as many of them as possible can find their way to his constituency.

Kerry McCarthy Portrait Kerry McCarthy (Bristol East) (Lab)
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My colleagues have mentioned the lack of sector-specific support in this statement. May I ask particularly about car manufacturing? France has announced increases to electric vehicle subsidies, making them the most generous in Europe, and a means-tested scrappage scheme. Germany has doubled its EV subsidies. What will the Chancellor do to not only get car manufacturing back on its feet, but to help us meet our climate objective and the Committee on Climate Change recommendation that we bring forward the ban on new diesel and petrol vehicle sales to 2032—the committee recommends a zero-emission vehicle mandate? I hear nothing from him on what he will do to support manufacturing and our climate objectives.

Rishi Sunak Portrait Rishi Sunak
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At Budget, we announced about £1 billion in support for low-emission vehicles in various different ways, including a £400-million charging infrastructure fund to spread the development of charge points across the country. I think that underlines our commitment to ensure that we transition properly to our net zero environment, starting with our transportation industry.