(5 years, 11 months ago)
Lords ChamberNot at all, my Lords. We are committed to our capital programme. If there has been any creative accounting in the past, we want to put that behind us because we want to be absolutely transparent about what our spending plans consist of. With regard to shipbuilding, as I said in my initial Answer, part of the trick will be to make the British shipbuilding industry more productive, innovative and competitive, and that is what we are seeking to do through the strategy.
My Lords, having been vicar of the parish in which the Swan Hunter shipyard was when that yard went into the hands of the receivers a number of years ago, I am acutely conscious of the devastating effect that such closures have not just upon individuals but upon whole communities. The Minister has acknowledged that. Will he undertake, if the yard does go under, to provide necessary assistance both to individuals and to the community, which will suffer terribly?
The right reverend Prelate focuses on a very important issue. There is no doubt that the site is regarded as at the heart of the local community, with generations of families employed there. Naturally, as a result, local councils for one are very keen to find a solution. I can tell him that Babcock has offered all affected employees other positions, including at Devonport. It is planning to hold discussions with affected individuals about their long-term options, and it has committed to being as flexible as possible in accommodating travel and relocation needs.