Economic Growth Debate

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Department: HM Treasury

Economic Growth

Rachael Maskell Excerpts
Monday 7th September 2026

(1 month ago)

Commons Chamber
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Emma Reynolds Portrait Emma Reynolds
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As I said in response to the shadow Minister, the Business Secretary is working closely with the chief executive and leadership of the company. Jaguar Land Rover employs 30,000 people in different parts of the country. We supported the company last year in the wake of its cyber-attack. We are supporting automative with £4 billion in capital and research and development funding to manufacture zero-emission vehicles. My thoughts are with the workforce; this is a very difficult time. As I understand it, the company has said that, by and large, this will be done by voluntary redundancy as much as possible, and over two years.

Rachael Maskell Portrait Rachael Maskell (York Central) (Lab/Co-op)
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Since 2020, Governments, Prime Ministers, Ministers, UK Research and Innovation and businesses have all supported the BioYorkshire project, which will address issues to do with the environment and the climate crisis, as well as providing good-quality jobs and a return for the Treasury. However, the Government have not been able to get money out of the door, so can the Minister say more about how she will invest and spend that money?

Emma Reynolds Portrait Emma Reynolds
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I profoundly believe that we have to drive a win-win. We can deliver good infrastructure and good jobs and limit the number of consultations, and have an eye to the impact on the environment. I will come back to my hon. Friend on her specific question.