Oral Answers to Questions
Debate between Kirsten Oswald and Claire Coutinho(9 months, 3 weeks ago)
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Claire Coutinho
I thank the hon. Lady for that question, but I am surprised that she did not welcome the recent news that the UK was the first country in the G20 to halve its emissions since the 1990s, as I know that subject is dear to her heart. As I have said, in 2023, the UK saw around £60 billion of low-carbon private and public investment. We got that extraordinary success by encouraging private investment. Whether through the contracts for difference scheme, our new policies on capital allowances, or the effect of the green industries growth accelerator on the supply chain, the UK is doing everything it can to attract investment, and that is exactly why we have made those achievements.
Kirsten Oswald (East Renfrewshire) (SNP)
Last week, the Scottish Government announced £24.5 million of public investment in a new cable factory, which will attract a further £350 million of inward investment. Does the Secretary of State agree that the best way to increase private investment is for the Government to increase public investment, to signal that the UK is open to green investment? Should not the UK Government therefore invest at least £28 billion a year, so that we can maximise private investment, and so that economic growth from the green transition is also maximised?
Claire Coutinho
As I said, our record on net zero investment is incredibly strong. In fact, I believe the CBI had a report out this morning showing that our net zero sectors have been growing by 9% in the last year. We have set out plans for further investment, whether that is in grid connections, supply chain investment through our Gigafund, or reforming capital allowance. All those things, and not public sector investment alone, attract private investment to this country.
Oral Answers to Questions
Debate between Kirsten Oswald and Claire Coutinho(2 years, 1 month ago)
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Kirsten Oswald (East Renfrewshire) (SNP)
This Tory Government have committed to introducing an employment Bill at least 20 times, but it is nowhere to be seen. Meanwhile, labour market inequalities become all the more acute, especially in the cost of living crisis. The Minister could tell us that she will fix the sick pay system, introduce the day one right to flexible working, improve parental leave and pay and strengthen protections against pregnancy and maternity discrimination, but her Government are making a choice not to do those things. That is a real contrast with the Scottish Government’s recent “Building a New Scotland” paper, which sets out how an independent Scotland would deliver fair working practices. Why do this Tory Government support inequality in the workplace?
Claire Coutinho
The changes in flexible working that we saw during the pandemic have been helpful to women. The Government have taken action in consulting on flexible working. It is a matter for the Department for Business, Energy and Industrial Strategy, so I will ensure that the relevant Minister writes to her about that issue.