(3 years, 8 months ago)
Commons ChamberAround 630,000 jobs in the north-west were supported by exports in 2016, and export—[Interruption.]
Export activity helped support a further 472,000 jobs in the region through the consumption spending of export workers in the wider economy. In total, more than 1.1 million jobs—not a laughing matter, Mr Speaker—in the region are linked to exports in some way.
Napoleon said that Britain was a nation of shopkeepers; I want to say that Bolton is a town of exporters. I recently hosted the parliamentary export programme in Bolton North East, seeking to help Bolton businesses such as Ajax Equipment and Velden Engineering to take advantage of new trading relations. Across Greater Manchester, foreign direct investment and foreign capital investment are worth £37 billion to the local economy. What actions is the Minister taking to put Bolton North East at the forefront of the global stage when it comes to research and development?
It is as much my hon. Friend as me who is putting Bolton North East at the forefront. He has joined colleagues as a member of the parliamentary export programme, and I congratulate him on hosting a recent event. He will have seen that we are working hard to help Bolton North East companies take advantage of new global opportunities and promoting a strong north-west R&D offer to international investors through the high potential opportunities programme in frontier sectors such as molecular diagnostics, lightweighting and sustainable packaging.
(4 years, 9 months ago)
Commons ChamberForeign investment in film and TV is booming. Just last month, I met representatives of the US’s Blackhall Studios, and they unveiled plans for a major investment in conjunction with Reading University, which should bring £500 million a year in inward investment to the UK. That studio alone is expected to employ 3,000 people and further strengthen the UK industry as a creative and economic triumph.
As everyone knows, Bolton is the new Hollywood. Having appeared in the Netflix show “The Stranger” and in “Top Gear”, which is filming in town today, Bolton has generated more than £200,000 in the past 12 months from being used as a film location. Will the Minister give an indication as to how a US-UK trade deal will benefit Bolton’s creative industries and cement our place as the newest leading media centre in the UK?
Smoothing access to the US through an FTA will help Bolton, and having such an excellent and film-ready advocate for Bolton as my hon. Friend, I look forward to him appearing, perhaps even with a speaking role, in future productions. It is notable that, in the past two years alone, we have seen the BBC, Netflix and Sky all using Bolton as locations for major productions, including “Peaky Blinders”, which I can certainly see him in; the “Last Tango in Halifax”, where he may be a younger love interest; “The Stranger”, although I know he never tries to be; and “Cobra”, which perhaps suggests his action credentials.