Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: Department for Education

Oral Answers to Questions

Peter Aldous Excerpts
Tuesday 28th June 2016

(7 years, 10 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
The Secretary of State was asked—
Peter Aldous Portrait Peter Aldous (Waveney) (Con)
- Hansard - -

1. What steps he is taking to support innovation in industry.

Sajid Javid Portrait The Secretary of State for Business, Innovation and Skills and President of the Board of Trade (Sajid Javid)
- Hansard - - - Excerpts

We want to make the UK the best place in Europe to innovate, to patent new ideas and to grow new businesses. That is why we are creating a supportive business environment—for example, with research and development tax credits and through Innovate UK.

Peter Aldous Portrait Peter Aldous
- Hansard - -

The UK’s position as the world leader in offshore renewables is underpinned by industry and academics from across the European Union working together on innovation projects, and by funding from the European Investment Bank and other European or collaborative research and development funds. Can the Secretary of State give me an assurance that our No.1 position will not be put at risk by Brexit?

Sajid Javid Portrait Sajid Javid
- Hansard - - - Excerpts

The UK is the world’s largest offshore wind market today, and it will still be the largest by the end of the decade, with 10 GW expected to be installed. Despite the decision to leave the European Union, I am confident that we can still co-operate on science and research, as many countries outside the European Union do with their EU counterparts. I believe that that will ensure that this sector remains very strong.