Product Regulation and Metrology Bill [ Lords ] (First sitting) Debate
Full Debate: Read Full DebateRichard Holden
Main Page: Richard Holden (Conservative - Basildon and Billericay)Department Debates - View all Richard Holden's debates with the Department for Business and Trade
(1 day, 20 hours ago)
Public Bill CommitteesMy hon. Friend is making an important speech. Does she agree that we do not only need to grow our economy in new sectors? The UK has been a world leader in some areas historically, which was a driving force behind leaving the European Union in the first place. People wanted to get some innovation and growth back in areas that had been stifled by our European Union membership.
My right hon. Friend makes a very important point. The future of successful economic growth is dependent on not just new industries, but ensuring that traditional industries, and both large and small businesses, can thrive and prosper in a post-Brexit scenario.
Amendment 17 would align the Bill with the pro-growth agenda and send a clear message to investors and innovators: Britain is open for business.
I will speak very briefly on amendment 17. The watchword of this Government has been, supposedly, growth. That is supposed to be the driving force behind legislation and policy, yet they have clearly introduced measures that have done nothing to support growth, and the Bill risks being another stumbling block to continuing the path of recovery—a recovery that the Government actually inherited, with the UK the fastest-growing economy in the G7.
The Opposition have sought to constructively improve the Bill through the amendment, which would ensure that the Government focus on growth. These are sensible and important provisions to promote investment and to foster innovation.
I am sure that Labour Members want to encourage economic growth. Supporting businesses is the way to do that. Empowering them—rather than prohibiting them with regulation and red tape from Brussels—should be central to achieving growth. There are huge opportunities and markets out there for the UK to seize. We must ensure that trade and national policy are as one, supporting job creation, innovation and competition. We need clarity and assurance from the Government that they understand the potential impact of dynamic alignment and the damage that that could do to the economy.
When have legally binding powers achieved growth? When has ambiguity in what businesses should expect and in their operating conditions delivered growth? The truth is that it does not. Businesses need clarity and confidence, and this skeleton Bill does not deliver that. If Labour Members really want—as they say they do—to see growth, I am sure they will want to support the amendment. As my hon. Friend the Member for West Worcestershire pointed out, the Government’s actions so far have seen GDP per capita shrinking and business confidence plummeting.
The Bill makes it clear that the Government are keen on dynamic alignment with the European Union wherever possible. That is why the amendment is so important, because it points to what the Government should be doing. Rather than aligning with the European Union and tacking behind it on every issue, the amendment pushes for growth in this country, to deliver jobs for people in my hon. Friend’s constituency and mine. My hon. Friend the Member for West Worcestershire mentioned our need to embrace the business of the future, but we must also look to where we can drive forward areas that have been particularly left behind in recent years with traditional industries and sectors.
The Government are clearly looking to do trade deals across the world, so will the hon. Lady reflect on the fact that, as we do not know where those fulfilment centres will be located in future, it is particularly important for the Government to look at the issue and consider it in the round?
Very possibly, but the rights of consumers in the UK still need to be protected, regardless of where those fulfilment centres are. I take the right hon. Member’s point, but I feel that the provisions in the amendment still need to be included. The amendment supports stronger protection, promotes fairness in the marketplace and ensures that everyone involved in putting products on the market plays by the same rules. It provides practical, targeted safeguards to ensure that the regulatory responsibilities reflect how modern supply chains operate, so I urge Members to support the amendment.