(1 week 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
The hon. Member refers to some things I have already spoken about, but why did he not make his film in Devon? He has obviously not got the message from his party colleagues. There are lots of great British films that will be watched in American cinemas over the weeks to come, and I am certain that no President would want to say, “Don’t watch British films”. One of the films I enjoyed most over the last few months was “Conclave”, which was a phenomenal success and remarkably timely.
The film industry is important in Northern Ireland; the Executive have poured a considerable amount of money into Northern Ireland Screen, and the internationally successful “Game of Thrones” was filmed in Northern Ireland, much of it in my constituency. We can see the benefits of that, as tens of millions of pounds have been poured in for building sets, for costumes and for catering, and even now thousands of tourists come every year to see where the filming was, so there is a long legacy.
I welcome the way in which the Minister is dealing with this situation. Tariffs are speculation at the moment, but before they become policy it is important that we get the message over to the Administration. Will he ensure that in constructing his arguments he consults with the Northern Ireland Executive to ensure that Northern Ireland’s voice is heard in these discussions?
(3 months, 1 week 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
My hon. Friend is right: not only do we need to enable smaller companies to start up, but we need to enable them to grow to scale. Otherwise, the danger is that we develop the good idea, someone else ends up buying the intellectual property, and all the value disappears out the UK’s back door. When I met the husband-and-wife team who run BioNtech—they are amazing, not least in respect of some of the work they have done in developing immunotherapy, which is probably the stuff that saved my life when I had stage 4 cancer—they spoke warmly and glowingly about all the work that they want to do in the UK, alongside the work of AstraZeneca. As my hon. Friend says, we need to get small companies set up, to grow them, and to enable them to be world leaders like AstraZeneca.
Investment in highly paid industries producing good-quality research and development, and the spin-offs from that, are, of course, important to the economy and to long-term growth. I agree with the Minister that when it comes to using public money we have to be careful about how it is spent, and not just throw it at a company because it has threatened to walk away from investment. In fact, I should have thought that those on the Opposition Front Bench would be quite happy to hear the Minister talking about the proper use of public finance like a prudent Conservative Minister. My question, however, is this. Although due diligence had to be done, and it may well have been assessed that this was not a good use of public money, was the investment lost because of a lack of communication between the Government and the company during the assessment process, when perhaps the company could have been convinced that it could proceed, even with less support?