"The scheme we have designed is aimed at manufacturing. The figure the hon. Member quotes is for all businesses in the UK, whereas this is one scheme aimed at competitiveness within the manufacturing sector. I hope that when he reflects on his comments, he does not expect us to announce …..." Peter Kyle - View Speech
"I am grateful to the shadowy Business Minister for his greatest hits performance for the House today. He says that supporting 10,000 businesses is nothing. I can tell him that it means a hell of a lot for those businesses getting that support, because it will mean a 25% reduction …..." Peter Kyle - View Speech
"I am thankful for the right hon. Member’s acknowledgment of the work we are doing to invest in Wales—not only the small modular reactor, which we are already starting to construct the site for, but the investment in two AI growth zones. This is a Government that, since we came …..." Peter Kyle - View Speech
"I thank the hon. Gentleman, who is a friend, for his kind words. We have designed a scheme that is for Great Britain, but we have not forgotten Northern Ireland—I do not think he would expect me to forget Northern Ireland in any aspect of my work. We are working …..." Peter Kyle - View Speech
"My hon. Friend speaks eloquently about the challenges that industry has faced in the de-industrialising period of a previous Conservative Government but also the opportunities that are there for the re-industrialising purpose of this Labour Government. Some of the companies she mentioned are, I imagine, in sectors that BICS will …..." Peter Kyle - View Speech
"I am grateful for my hon. Friend’s thoughtful words. I can assure her that the ceramics sector and the subsectors she mentions are in my mind. I said in my statement that the Chancellor will set out in the near future the approach that we will take for industries that …..." Peter Kyle - View Speech
"I thank my hon. Friend for his passionate intervention. I understand the pressing needs and am fully aware of the issues facing Denby, which is partly, I believe, in his constituency. I have been in touch with the regional mayor about it numerous times since that situation unfolded. I certainly …..." Peter Kyle - View Speech
"I am extremely grateful for my hon. Friend’s representations and reflections. I can assure her that the BIC scheme is being calculated on the electricity intensity threshold. It is for those manufacturing businesses that have electricity as a significant part of their costs of doing business. In the summer, we …..." Peter Kyle - View Speech
"My hon. Friend gives voice to the hospitality sector, and she is absolutely right: the hospitality sector is important for so many reasons. For many people, it is the most interaction they have with the frontline of the economy. It is the place people go for light relief and fun—and, …..." Peter Kyle - View Speech
"I was down in the south-west just last week at Agratas, one of the largest battery production plants for electric vehicles in the whole of Europe. The sheer scale of manufacturing development in the south-west is typical of the renaissance and the capability of the region. The Agratas plant also …..." Peter Kyle - View Speech