(2 weeks ago)
Commons ChamberI am grateful for my hon. Friend’s advocacy on this issue. Britain is the start-up capital of Europe. We are doubling down to ensure that once businesses are started up, they can scale up, stay and build their innovation here, which is why we are also the unicorn capital of Europe. We will double down and make sure that all that innovation, job creation and wealth creation remain here benefiting Britain, including my hon. Friend’s constituency.
Anchor Sound and Security, based in Kings Langley, explained to me how it is disincentivised to hire more employees due to rising compliance costs and regulatory uncertainty. What is the Minister doing to stop regulations stifling small business growth and destroying the strong relationships between employer and employees?
The Government have a commitment to reduce the regulatory burden on business by 25%. My Department led on almost £1 billion of regulatory reform for company reporting in just the first weeks of our taking office. The small business plan and strategy will deliver for small businesses, on top of the industrial strategy, of course, which is getting our economy facing the future and into solid growth for now and the future.
(1 year, 2 months ago)
Commons ChamberMy hon. Friend makes the most important point. I am determined—I have said this publicly numerous times—that equity will be built into the technology and the policies of this Government from the outset. When she reads the reports, when she hears the words of this Government and when she listens to the Prime Minister, I hope she is reassured that this Government want to ensure that everyone from every background not only feels the ability to connect with and work within the tech sector here to create the technology of the future, but benefits equally from the products that come out the other side, including being able to use products intuitively and benefit from the wealth that is created from them. When it comes to using public data, I realise that there are communities in parts of this country that need to be taken on a longer journey and to be more reassured, and I fully commit to doing so as we go forward.
I welcome this action plan, which mentions data centres. As the Secretary of State may be aware, the Deputy Prime Minister is currently reviewing the need for a data centre in Kings Langley in my constituency.
Both the report and the Secretary of State talk about ensuring that the infrastructure is in the right place. I am working alongside my constituents in Kings Langley, because the proposed site is prime green belt. If there is a need to build on and develop the site, housing would make better sense, because energy—a huge requirement for data centres—is not available nearby. How can the Secretary of State ensure that we are not encouraging the building of white elephants in the wrong places?
I can assure the hon. Gentleman that the energy and other constituent needs of data centres are, at last, being taken into account in strategic planning in our country. We have created the AI Energy Council, which is jointly chaired by the Energy Secretary and me, and the planning reforms will mean that we can expedite investment in data centres.
The hon. Gentleman should be aware that data centres are not a singular investment, but that other innovations, industries and businesses often cluster around them. He mentioned heat, and community heat networks often stem and flow from such investments, if there is the right local leadership, if there is planning in place and if there is the vision to make sure that our country benefits the most.
We have that vision, and I implore the hon. Gentleman to start getting involved with the local issues to shape what unfolds for the digital infrastructure of the future, so that it benefits absolutely everyone. This is a potential source of sustainable, good-quality wealth creation and job creation into the future. I suggest that his party gets on board and grabs it with both hands, rather than talking down the agenda we are putting forward today.