Employee Car Ownership Schemes

Lord Johnson of Lainston Excerpts
Monday 8th December 2025

(1 day, 9 hours ago)

Lords Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Lord Stockwood Portrait Lord Stockwood (Lab)
- View Speech - Hansard - - - Excerpts

Some three months into a new role, I am as confident as I can be about anything. The current projections are that it should not have a negative impact.

Lord Johnson of Lainston Portrait Lord Johnson of Lainston (Con)
- View Speech - Hansard - -

My Lords, I welcome the Minister to his role. I seem to remember that being Investment Minister is an important part of government. One of our triumphs was that we succeeded in creating the new gigafactory for Tata, in Somerset, which was clearly a landmark event. What are the Government doing to build on that success?

Lord Stockwood Portrait Lord Stockwood (Lab)
- View Speech - Hansard - - - Excerpts

I thank my predecessor, who did an excellent job in the Office for Investment. He will understand that we are looking at many different projects that enhance the investment attractiveness of the UK and at our commitment to our climate goals, in which the gigafactories are large and proportionate players.