Leaving the EU: Airbus Risk Assessment Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Mark Francois
Main Page: Mark Francois (Conservative - Rayleigh and Wickford)Department Debates - View all Mark Francois's debates with the Department for Business, Energy and Industrial Strategy
Leaving the EU: Airbus Risk Assessment
Mark Francois Excerpts(6 years, 5 months ago)
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Greg Clark
Day in, day out, I meet businesses and persuade them of the advantages of this country. I have to report that one of their concerns is the policies of the hon. Lady’s Front Benchers, which are a very significant deterrent to investment in this country.
Mr Mark Francois (Rayleigh and Wickford) (Con)
Some months ago, when I visited Airbus at Broughton, I was briefed in detail about its considerable investment in both capital and skills for specialised wing work. Is it not a fact that it would be extremely expensive for Airbus if it were ever to contemplate trying to relocate that work, be it to Hamburg or Toulouse?
Greg Clark
My right hon. Friend takes too pessimistic a view. We do not want Airbus to be located in this country because it is too difficult for the company to go elsewhere; we want it to be here with enthusiasm because this is a good and profitable place to invest. I am determined that the deal we secure and the investment we make through our industrial strategy will add to our strengths and make us even more attractive. We should have a counsel of optimism rather than defensive pessimism.