Mark Prisk
Main Page: Mark Prisk (Conservative - Hertford and Stortford)Department Debates - View all Mark Prisk's debates with the Department for Education
(10 years, 8 months ago)
Commons ChamberMy 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.
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.
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.