(1 year, 6 months ago)
Commons ChamberThe UK’s total exports have now recovered to pre-pandemic levels, measured against 2018. In 2022, UK exports were £815 billion, up by 21% in current prices compared with 2018, and up by 0.5% once adjusted for inflation. The latest data shows Scotland is the third highest exporting nation or region in both goods and services. In 2022 Scottish exports of goods totalled £35.7 billion, up by 23.5% in current prices from the previous year.
I know just what a favourable position Scotland is in, in terms of its trade exports. We do very well, even though we are held back by the constraints of this Union. The Office for National Statistics figures show that UK exports are lagging behind other G7 countries. Before the Minister tells us that this is because of the war in Ukraine and covid, let me point out that all our G7 partners have faced those headwinds as well, but only the United Kingdom, sadly including Scotland, faces the English Brexit chaos that is damaging our trade. What discussions has she had to apologise to the Scottish Government and to Scottish businesses for the drag she places on Scottish trade?
The hon. Gentleman started so positively. If he is against Brexit, then he is against every trade deal, and he is against the most integrated single market in the world, which is Scotland and England. All he wants to do is to split, split, split. I have already told him the good news that the total amount of exports in pounds is up. There is also fantastic news about whisky—surely that can raise a smile from the hon. Gentleman—and about services: in 2022, UK services were up by 24% in current prices, and by 4% when the figure was adjusted for inflation. I know it is difficult for the hon. Gentleman to accept good news from the Government Benches, but it is good for his constituents, so he should welcome it.
(1 year, 6 months ago)
Commons ChamberI thank the hon. Member for that question, because it shows that we have to work across Whitehall. Access to the national grid is a major issue for any of the large manufacturers and of course, as their plans grow, they need to have greater access over a faster timetable than one would have previously thought National Grid would make available. Conversations are taking place, in particular with colleagues who were previously in the Department for Business, Energy and Industrial Strategy, who are now in the Department for Energy Security and Net Zero and are leading that relationship with National Grid. The issue comes up regularly in the meetings that we have with the manufacturing sector, and my priority is to support the advanced manufacturing sector, so the hon. Member can be assured that I am campaigning incredibly hard to make sure that all our advanced manufacturing sites—present or planned—get access to energy at a timetable that suits the business, not just National Grid.
It is deeply unimpressive for the Minister to come along today and talk about jam tomorrow—investments in future exotic technology and the investments that industry is making in that scenario—when what we actually need is conventional traction battery manufacturing capacity in the UK now. I am invested in this because of the supply chain in Scotland and because the United Kingdom has done everything it can to avoid any of the automotive foreign direct investment coming to Scotland. What will the Minister do to address the emergency of a lack of manufacturing capacity in traction batteries now, not different types of batteries in the future?
It is not about jam tomorrow: it is about money committed previously and money committed today. The transition to zero-emission vehicles is being supported by up to £1 billion for R&D and capital investments in strategically important parts of the electric vehicle supply chain, building on the £1.9 billion in spending review 2020. The Government have committed £620 million to support the transition to electric vehicles—that is committed today; it is not jam tomorrow. I ask the hon. Member to read all the submissions to the Select Committee, and to respond to the positive comments that have been made about why businesses continue to see the UK as a great place to manufacture cars.
(1 year, 9 months ago)
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I have listened carefully to the Minister’s words, and she has regularly detailed the amount of public money that has gone in to support the steel industry in the United Kingdom, and said that these are commercial decisions and private discussions. I wonder though, with the renewed role for steel in the green energy transition, why the Government—I will say this, even if the Labour party will not—do not consider nationalising steel in the United Kingdom? If so much public money is going into the industry anyway and they recognise—the Minister has assured the House that they do—that steel is not just any other industry but a strategic asset for any developed economy, why does she not nationalise it?
Nationalisation is not going to solve any of the problems that we are talking about right now. The problems that the steel sector in the UK faces are the problems that it faces globally. It is unfortunate that the hon. Member thinks that nationalisation could be the answer to this or to everything. It would not make steel more competitive, it would close down the ability to raise money from capital markets, and the whole of the risk and burden would fall on the taxpayer, with no guarantee of a long-term, sustainable strategy. We are proposing to ensure that we have a long-term strategy which is providing support now. We provided support during covid. We are providing substantial support during the energy crisis, and there is a fund of more than £1 billion—£1.5 billion in total—to help with tackling emissions and energy costs. We have a long-term strategy in place.