Oral Answers to Questions Debate
Full Debate: Read Full DebatePhilip Boswell
Main Page: Philip Boswell (Scottish National Party - Coatbridge, Chryston and Bellshill)Department Debates - View all Philip Boswell's debates with the Department for Business, Energy and Industrial Strategy
(8 years ago)
Commons ChamberWe have an ongoing dialogue with Ofgem on a number of issues, but apropos the cost of supporting investment in low-carbon technologies, this is expected to increase, but so too are the savings from energy efficiency policies. This means that by 2020 household energy bills are still estimated to be lower on average than they would have been in the absence of those green policies.
We are working to make the UK even more competitive in advanced manufacturing by cutting corporation tax and red tape and by increasing our support for the research and innovation that is crucial to success. We are doing that not least through our £300 million investment in the high-value manufacturing catapult centre.
Given the potential increase in tariffs due to Brexit, how does the Minister plan to ensure that high-value manufacturing does not deteriorate?
High-value manufacturing is extremely important to our future—it presents many opportunities but also presents risks that we have to manage—and so will be an important part of our industrial strategy. On the broader concerns about tariffs, the hon. Gentleman has heard it often enough, so he should start believing it: the Government are listening carefully, as I witnessed yesterday, to manufacturing and other sectors about their priorities and concerns as we shape and finalise our negotiating position.