Vauxhall (Redundancies) Debate
Full Debate: Read Full DebateRichard Burden
Main Page: Richard Burden (Labour - Birmingham, Northfield)Department Debates - View all Richard Burden's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 10 months ago)
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If the Secretary of State were at the Dispatch Box, he would stand by all those comments. The hon. Lady is right. The chief executive of the LEP was at pains to point out the opportunities available from working together within the enterprise zone at Ellesmere Port in terms of reducing energy costs, which I know the hon. Lady cares about, and enhancing the business environment. She is right, therefore, that local solutions can help with this problem. Fundamentally, however, we stand by, we want to support the company and the industry and we want to make sure that these investment decisions are made as quickly as possible.
I put it to the Minister, though, that she is still glossing over the broader context, particularly given that the chief executive of PSA has himself said that a key consideration in the long-term future of Ellesmere Port is “visibility” of the UK’s future trading relationship with the EU. Is that uncertainty not also filtering through to the car market in the UK, where new car registrations were down 9.3% in October and the Society of Motor Manufacturers and Traders has said that economic and political uncertainty is a key consideration? Will she not accept what she has been told time and again—that ambiguous and contradictory messages from the Government about Britain’s future as regards the Brexit negotiations are making a bad situation still worse?
I accept that ambiguity is bad for investment—that applies right across the sectors—and that is why we need a deal as soon as possible. I point out, however, as I did at the start, that when this company, and indeed all these European companies, look across their manufacturing bases, they will see that British workers in these plants are the most productive in Europe. In the last 15 years, we have seen major investment in the industry, which is delivering both current and new models. It would be incredible if companies did not want to invest on that basis.