Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Michael Fabricant Excerpts
Tuesday 28th February 2017

(7 years, 4 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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Purely in relation to Yorkshire—Michael Fabricant.

Michael Fabricant Portrait Michael Fabricant (Lichfield) (Con)
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Absolutely, Mr Speaker. By the way, I would love to visit that restaurant.

My right hon. Friend will know that Boeing is a major employer in the United Kingdom. The opening of Boeing Sheffield, as it will be known, means that a major manufacturing plant—the only one of its type—will be introduced into Europe. Is that not a major endorsement by Boeing of post-Brexit Britain?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, that is two things: it is a major endorsement by a global company and a major vote of confidence in the British economy. It is also a reflection of this Government’s policy that where we place large contracts for military equipment, as we have done with Boeing, we insist on some compensating investment in our economy, so that the investment in our military capability pays for jobs, skills and technology in the UK.