(6 years, 9 months ago)
Commons ChamberI pay tribute to the work of the all-party group, of which my hon. Friend is a vice-chair. I met it just last week to explore the options. I share his aim that small businesses should have an accessible and impartial forum through which to seek redress when things go wrong. There is work to be done on how that would be paid for and on whether legislation would be required, but I look forward to seeing the research and to working with him.
The 220 people who work at GKN Aerospace in my constituency produce windshields for military and commercial aircraft, so is that not another indication that the hostile takeover bid raises national security implications? The Secretary of State has the power to intervene under the Enterprise Act 2002.
As we have met to discuss this matter, the hon. Gentleman knows that I must ensure that I do not prejudice any assessment. I set out to the hon. Member for Newcastle upon Tyne Central (Chi Onwurah) the constraints under which I have to operate.
(6 years, 11 months ago)
Commons ChamberI am delighted to join my hon. Friend in applauding the work of the Erewash Partnership, which she will know was a previous winner of a national enterprise award—well done them. Through our industrial strategy, all businesses in every region will have access to a growth hub. We have announced a further £24 million of core funding over the next two years for growth hubs, including the D2N2, which I understand works with the Erewash Partnership. I am delighted to work with her to do what I can to support businesses in her constituency.
Stability among larger tier 1 suppliers is really important to SMEs in the automotive and aerospace supply chains. Given that, does the Minister agree that if the Melrose bid for GKN splits up and sells off that company, as is anticipated, that cannot be in the interests of either sector or SMEs in this country?
We are always sensitive and aware of the impacts on the supply chain. We need a strong supply chain, but I point the hon. Gentleman to the Secretary of State’s previous answer on that issue.
(7 years ago)
Commons ChamberMy hon. Friend is absolutely right on that, and the commitment we have made to being the world centre for research in new battery technology, through the Faraday challenge, is already commanding attention right around the world. The investment in skills that accompanies this strategy will make sure that her constituents and others in the region will benefit from the jobs that result.
Every day, around £35 million-worth of components are imported to the UK from the EU for “just in time” delivery to plants. Many of those components help to build more than 6,500 cars and nearly 10,000 engines to be re-exported back into the EU. As we saw from the Operation Stack debacle a couple of years ago, it does not take much for disruption at the channel ports to completely clog up the south-east, losing millions and millions of pounds. What guarantee can the Secretary of State give the automotive sector that Brexit will not result in any extra customs checks that will clog up the industry?
The hon. Gentleman is right to highlight the importance of ensuring that the agreement we reach will be free not only of tariffs but of the types of frictions he describes. It is important for our successful industry, and not just the automotive sector, that that is the deal we conclude. I hope he will welcome the progress that was made towards that deal last week.
(7 years, 2 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
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.
(7 years, 9 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
I persuade companies to invest in Britain; I think that the hon. Gentleman is thinking up reasons for them to be put off. I believe that the efficiency and the innovation that we have in this country are what cause people to invest here, and I will do all that I can to make this a positive and expanding industry in the future.
The Secretary of State is right to acknowledge that today’s announcement underlines the importance of reinforcing the UK’s role as a centre for research, innovation and the development of connected and ultra-low emission vehicles. What more can be done to ensure that PSA and other manufacturers—I hope the Minister will pardon the expression—take a leaf out of Nissan’s and Jaguar Land Rover’s book, and make those vehicles in the UK as well?
I agree with the hon. Gentleman, and I have enjoyed working with him to promote the automotive sector. I think that this is an opportunity for a company—PSA—that has not had the same footprint in Britain in recent years to join in and benefit from the advantages that accrue to those that participate in our industrial strategy through the Automotive Council, prominent among which is the opportunity to participate in our research programmes, in relation not just to electric vehicles but, as the hon. Gentleman says, to autonomous vehicles as well.