Oral Answers to Questions Debate

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Department: Department for Education

Oral Answers to Questions

Mark Prisk Excerpts
Thursday 6th March 2014

(10 years, 8 months ago)

Commons Chamber
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Michael Fallon Portrait Michael Fallon
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My right hon. Friend the Secretary of State has met the company and it was the subject of a debate in the House recently. We will continue to do what we can. However, motorsport is an important and large business sector. I attended the Autosport exhibition in Birmingham recently, as the hon. Gentleman probably did. More than 45,000 people work in the industry across the country and it has a total value of more than £8 billion. We must do everything that we can to ensure that the sector continues to grow.

Mark Prisk Portrait Mr Mark Prisk (Hertford and Stortford) (Con)
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Exporting in the modern economy requires sustained financial support, yet the law in this country restricts to individual transactions the financial support for exports. I urge the Government to change the law so that we can have the support that is needed for exporters, small, medium and large.

Michael Fallon Portrait Michael Fallon
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I will certainly look at the point that my hon. Friend raises. I pay tribute to his efforts at the Department over two and a half years to back companies of all sizes in their export drive.