Richard Burden
Main Page: Richard Burden (Labour - Birmingham, Northfield)Department Debates - View all Richard Burden's debates with the Cabinet Office
(6 years, 10 months ago)
Commons ChamberOne message is that the Government have made an extra £2 billion of funding available to local authorities for social care. Obviously, local authorities are currently deciding whether to use the more flexible precepting powers they have in respect of social care. My hon. Friend met my right hon. Friend the Communities Secretary a few days ago, and I would encourage him to continue talking to the Communities Secretary and other Ministers in the Ministry of Housing, Communities and Local Government about the particular circumstances in Shropshire.
The current edition of The Economist carries an article that says the hostile takeover bid for GKN by Melrose
“casts doubt not only on the survival of GKN, Britain’s third-largest independent aerospace and defence firm, but on much of the rest of the industry, too.”
The right hon. Gentleman knows that, where national security issues are involved, Ministers have the power to intervene to protect the public interest. Will they do so in this case?
As I understand it, the bid for GKN is being examined by the relevant independent authorities. Clearly this is also something that the appropriate Ministers in the Ministry of Defence and the Department for Business, Energy and Industrial Strategy will be monitoring very closely. For now, it would be wrong of me to speculate about this case in more detail.