Business of the House

Marcus Jones Excerpts

Thursday 8th March 2012 Commons Chamber

[Sir George Young]

I understand the sentiments expressed by the hon. Gentleman, which I know are shared in all parts of the House. Today the Foreign Secretary is giving evidence before a Select Committee, and I have no doubt that he will be cross-questioned on these issues. There will also be an opportunity to raise them during the regular quarterly statements on Afghanistan by the Foreign Secretary or the Secretary of State for Defence. There may be an opportunity for a more general debate on foreign affairs if the Backbench Business Committee can find time for one.

[Mr Marcus Jones (Nuneaton) (Con)]

This week we have seen the fantastic news that Nissan is creating 2,000 jobs in the north-east and that Jaguar will be building the new XF Sportbrake in the west midlands. Both those companies have had support from the Government’s regional growth fund. May we have a debate on the effectiveness of the regional growth fund?

[Sir George Young]

I am grateful to my hon. Friend, because Labour Members have made some derogatory remarks about the effectiveness of the regional growth fund, but we have just heard at first hand from him about its benefits, with the extra jobs that it is creating in his constituency and the assistance that it is giving to the motor manufacturing industry, which is now a major manufacturing export industry and part of our strategy of rebalancing the economy so that we are less dependent on financial services.