Oral Answers to Questions

Mary Macleod Excerpts
Thursday 6th September 2012

(12 years, 2 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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Small, innovative businesses are absolutely crucial, and the CBI, in particular, has focused on what it calls the “gazelles” in that space. One specific initiative that we introduced—I launched it—and which the hon. Lady may not be aware of is the growth accelerator, which is a system of providing high-quality coaching for 26,000 small and medium-sized enterprises of exactly the kind she has described. All our evidence so far suggests that it is appreciated and is working extremely well.

Mary Macleod Portrait Mary Macleod (Brentford and Isleworth) (Con)
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3. What steps he is taking to ensure that young people leave further and higher education with the skills that employers need.

Matt Hancock Portrait The Parliamentary Under-Secretary of State for Business, Innovation and Skills (Matthew Hancock)
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I am very pleased to answer this as my first question because it highlights a vital problem that Britain must address in order to compete in the world. The number of apprenticeships has increased by two thirds, and by 97% in my hon. Friend’s constituency. I join the tribute paid to my predecessor, my hon. Friend the Member for South Holland and The Deepings (Mr Hayes), who brought passion and drive to this programme. He would say that we must do more and we will do more, and that is exactly what I hope to do.

Mary Macleod Portrait Mary Macleod
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I welcome my hon. Friend to his new role. Even though he has been in it for only a few days, what discussions is he planning to hold with businesses to understand where the current recruitment skills gaps are? Will incentives be given to students to study the subjects that we believe are critical to the future growth industries in the UK?

Matt Hancock Portrait Matthew Hancock
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My hon. Friend is exactly right; I have already been in contact with the Institute of Directors and various employers. Britain must have a skilled work force that meets the needs of employers if we are to compete against the hungry and driven rising nations of the east, and I will do all I can to deliver that.