Oral Answers to Questions

Debate between Patrick Hurley and Jonathan Reynolds

Thursday 5th September 2024 Commons Chamber

[Patrick Hurley (Southport) (Lab)]

T1. If he will make a statement on his departmental responsibilities.

[The Secretary of State for Business and Trade (Jonathan Reynolds)]

My Department’s four priorities are to reset our trade relations, deliver a new deal for working people, support small business and implement a mission-focused industrial strategy. In just a few short weeks, we have begun preparing no fewer than four Bills for the King’s Speech. I have attended the G7 trade summit, and set up the Horizon convictions redress scheme. We have ensured UK Export Finance support for the defence of Ukraine, changed the remit of the Low Pay Commission and organised an international investment summit for 14 October. I have spoken to my international counterparts, to all my colleagues in the devolved Administrations and to several hundred business leaders. That is how we will build the pro-innovation, pro-worker, pro-business economy that the British people voted for.

[Patrick Hurley]

I thank my right hon. Friend for that reply. This Government were elected on a platform to embed economic growth and break down barriers to opportunity. In the past couple of weeks, I have spoken to colleges and businesses across my Southport constituency, including our rightly famous Silcock’s family entertainment centre, to see how we can develop our skills policy to ensure that for towns such as Southport, the best days lie ahead. How will the Department work to support the next generation of entrepreneurs to ensure that our economic mission is furthered?

[Jonathan Reynolds]

I hope you will allow me, Madam Deputy Speaker, to pay tribute to my hon. Friend after what his community has been through, and the incredible way that he stepped up to represent that community. That is something we would all like to acknowledge.

The points that my hon. Friend makes are right: small businesses, entrepreneurs and start-ups are essential to our economic success, in Southport and in every part of the UK, and the support we will give them covers advice, guidance and training. On his point about skills, that is why we have established Skills England. If we want entrepreneurs to take real risks with their own property and income, we must give them stability. We cannot change policy every year; we cannot elect Liz Truss as Prime Minister and expect people to take those risks. The stability and consistency we will bring is as important as the policy environment we will create to do exactly what my hon. Friend says.