Devolution and Growth across Britain

Seema Malhotra Excerpts

Wednesday 3rd June 2015 Commons Chamber

[Seema Malhotra (Feltham and Heston) (Lab/Co-op)]

My hon. Friend is making a very powerful speech. Bearing in mind that the UK trade deficit widened from the last quarter of 2014 to the first quarter of this year, does he not agree that local authorities and local enterprise partnerships play a very important role in helping to support businesses to take advantage of export opportunities, so that Britain’s businesses can meet their maximum potential in the world?

[Mr Umunna]

My hon. Friend raises a very important point. The current account deficit is at its highest ever level at the moment, and she is absolutely right about the approach that we need to adopt.

Beyond the economic argument, which I have talked about, there is a bigger argument to be made for devolution. We know that levels of trust in politics are low, but we also know from research that policies formulated and delivered locally command far greater trust than those made in Westminster.