Tuesday 15th November 2022

(1 year, 5 months ago)

Commons Chamber
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George Freeman Portrait George Freeman
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I do not have that figure at my fingertips, but I have a funny feeling that the hon. Gentleman does. The Under-Secretary of State for Business, Energy and Industrial Strategy, my hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake) will respond on that later.

Paul Howell Portrait Paul Howell (Sedgefield) (Con)
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The Minister has talked about the space and science-led businesses around the country. On the north-east, in response to the hon. Member for Easington (Grahame Morris), we should not forget the tremendous things that are happening at NETPark in Sedgefield.

George Freeman Portrait George Freeman
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Indeed, fantastic things are happening at NETPark. One would think that the Labour party, which dominated County Durham politics for decades and seemed to indulge in the poverty up there, would celebrate the phenomenal turnaround in the north-east. It is one of our leading manufacturing regions. NETPark is home to Kromek and Newcastle is home to QuantuMDX. That is a great story of British manufacturing driving an advanced economy in the areas that were blighted by painful deindustrialisation. I am proud that the Conservative party is in the vanguard of that.

--- Later in debate ---
Paul Howell Portrait Paul Howell (Sedgefield) (Con)
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I, like many Conservative Members, have spent time working in business and find it amazing that those who have not are so vocal in claiming that we do not understand. This Government spent billions supporting businesses through the pandemic and are a true friend of business. Just in my constituency, Hitachi is investing in battery technology in Sedgefield, and the many science and space industries in Sedgefield are exemplars in driving opportunities for our region through potential unicorns.

Business needs many things, but the Opposition have ignored the two big disruptions. The pandemic and, of course, Ukraine affect everything we have been trying to do in recent years. As in the previous debate, the Opposition are selective in forgetting that these big arguments need to be considered. UK resilience, however, is a key part of any strategy, and obviously this has been driven further by what has happened with the pandemic and the situation in Ukraine. There is a need for us to be more in control of our supply chains. Whether that is about owning them and building things here, or just taking key positions in them, it is important that we get this right. It is a fundamental part of where we need to go forward.

We have a 10-point plan for a green industrial revolution. We are the first major economy to legislate to achieve net zero. We are ramping up the supply of home-grown energy, and we have reacted to the Putin energy crisis by providing immediate support to make sure our businesses are in a good place. This Government believe that business and industry are central to our economic strength, and have strongly supported investment across the country. Just last month, BP submitted plans for a green Teesside; the hydrogen energy there, which is just next door to my constituency, will create many jobs and help decarbonise heavy transport in the region. This will be the UK’s first major hydrogen transport hub and by 2025 it will become one of the country’s largest green hydrogen facilities.

It is not only international businesses that have a part to play in our industrial strategy. I cannot overemphasise the importance of engaging with local businesses, particularly when pushing for investment in space and science technology. As I mentioned, I am lucky enough to have companies such as Kromek and Filtronic in my area, as such companies provide high-skilled jobs to hundreds of local residents. But we also have established businesses in the automotive sector, such as Gestamp Tallent, and in many other industries. They are all pushing their agendas, and I have seen Ministers at all of them trying to make sure that they understand what these businesses need and that this Government are supporting them.

As was mentioned by my hon. Friend the Member for Scunthorpe (Holly Mumby-Croft), we need to be sure to work to have a balanced view of our investment. When considering any investment support, we need to understand what is happening across the world and make sure that we are not disadvantaging our businesses by not investing in them when other Governments are investing in theirs. We need to make sure we are in balance in what we are doing. We need to balance all our fuel opportunities in a completely holistic consideration of our need for fuel and its worldwide impact on the carbon footprint.

Until recently, I served on the Select Committee on Business, Energy and Industrial Strategy, and I have to say that for a significant portion of that time the Labour attendance was appalling. If Labour believes we need an industrial strategy, the time and forum for that is the Select Committee, and not grandstanding here. If Labour Members think the Government need to approach their industrial strategy differently, they have an opportunity to get that message across and challenge the Government through the proper channels.