Nissan in Sunderland Debate
Full Debate: Read Full DebateLord Scriven
Main Page: Lord Scriven (Liberal Democrat - Life peer)Department Debates - View all Lord Scriven's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 10 months ago)
Lords ChamberMy Lords, it is open to any company to apply for any funds that are available, as my right honourable friend made clear in the Statement, and that will be reviewed in the proper way, independently of my right honourable friend. I can tell the noble Lord that, of that £61 million, about two-point-something million pounds has been spent. It will be up to Nissan to make an application for the rest of it, although obviously it will not be needing it at the moment.
My Lords, as more decisions about where to make new models arise, is not the fear that car makers will look less favourably on a Britain that is outside the security of a large trade bloc, whatever the terms of an exit?
I think that car makers will continue to look at the investments that they have already made and at the very great skills that are available in the United Kingdom. They will also continue to look at the R&D that we support for an industry which, as all noble Lords have been pointing out, is changing very fast with the decline in the demand for diesel but which is seeing growth in a great many other sectors.