Oral Answers to Questions

Scott Arthur Excerpts

Thursday 30th October 2025 Commons Chamber

[Sarah Hall (Warrington South) (Lab/Co-op)]

5. What steps he is taking to encourage investment in businesses.

[Dr Scott Arthur (Edinburgh South West) (Lab)]

7. What steps he is taking to encourage investment in businesses.

[The Secretary of State for Business and Trade (Peter Kyle)]

We are delivering bold action to drive investment and growth nationwide. Our modern industrial strategy is cutting red tape, saving businesses nearly £6 billion a year, and unlocking quicker, simpler ways to do business. We are investing £6.6 billion through the British Business Bank to help innovative firms scale, and we are rebuilding our infrastructure with a 10-year strategy, backed by at least £725 billion-worth of Government capital, providing the certainty needed to boost productivity, secure growth and jobs, and deliver sustainable growth right around the United Kingdom.

--- Later in debate ---

[Peter Kyle]

Warrington has been at the centre of previous industrial revolutions, and we are determined that it will be at the forefront of the industrial revolution that is unfolding, with a wave of digital technology and AI flowing across the world. We will use all the agency of this Government to ensure that all parts of the United Kingdom benefit equally from that. My hon. Friend will know that work such as that by Platform on the transformation of the Unilever site in Warrington is exactly the kind of bold, future-facing investment that we want to enable. That is why we delivered the AI opportunities action plan so swiftly. We will create AI growth zones across the United Kingdom to create the infrastructure in which new businesses and businesses that are transforming places and communities such as Warrington will be at the forefront and able to grasp the very best of the global economy in the regions and nations of every part of the United Kingdom.

[Dr Arthur]

One of the great things about Edinburgh South West is that it has a flourishing renewables sector, which I think is reaching critical mass. A few weeks ago, I attended a fantastic roundtable that demonstrated the industry’s desire to work with the UK Government to make their industrial strategy a complete success. Will the Secretary of State commit to meeting organisations in Edinburgh South West to discuss how we can ensure that our industrial strategy brings as many jobs as possible to Scotland’s capital?

[Peter Kyle]

Again, my hon. Friend is a great advocate for the community that he represents in Parliament. I am very excited to meet the businesses that he references. We hit a milestone in the second quarter of this year, because the UK started to produce more than 50% of its energy using renewables. His community as well as other communities around the UK will benefit from the transition to renewables. This is an exciting time to do business, and this is an exciting sector of our economy; it is one of the fastest growing sectors in the global economy, and right here in the UK we are benefiting the most from it.