(1 year, 9 months ago)
Commons ChamberThere has been support to the value of about £18 billion for businesses to help them with their energy bills, and we are determined to secure the future for our energy-intensive industries and to protect jobs. To support those most at risk of carbon leakage, the Government have announced the British industry supercharger, to support those most exposed to the cost of electricity. Those measures will bring the energy costs of the UK’s energy-intensive industries in line with those charged across the world’s major economies.
(3 years, 3 months ago)
Commons ChamberThis Government have already struck trade deals with more than 68 countries as well as the EU worth £744 billion a year. This will create new markets for Scotland’s exporters, including our world-leading food and drinks sector. The Department for International Trade team based in Edinburgh is also helping Scottish businesses thrive and grow internationally. Last week, I was delighted to meet the new DIT director for Scotland heading up this team, and I look forward to planning further engagement with her and her team.
Scotland’s businesses will be among the main beneficiaries of the trade deals we have already secured around the world, with our historic agreement with Japan boosting trading opportunities for over 500 Scottish businesses alone. Does my hon. Friend agree with me that we will now be able to use our new status as an independent trading nation to promote the very best that Scottish industries have to offer to the world?
I completely agree with my hon. Friend: he is absolutely right. This Government are working hard to strike new trade deals around the world that will benefit key business sectors and consumers across Scotland and across the whole of the UK. We are opening new opportunities for iconic Scottish and British industries to thrive overseas.