Oral Answers to Questions

Stephanie Peacock Excerpts

Wednesday 2nd September 2020 Commons Chamber

[Mr Walker]

My hon. Friend is absolutely right. As I said, over the summer we introduced the exemptions. We absolutely recognise what a crucial and important sector this is, and the benefits of its success can be seen across Northern Ireland, not least for the tourism industry. Local success stories such as “Game of Thrones” and “Derry Girls” benefit every part of Northern Ireland. Programmes such as “The Fall” have firmly established Northern Ireland as an ideal destination for film and TV projects. The restart of filming in significant projects shows that the industry can continue to achieve global success.

[Stephanie Peacock (Barnsley East) (Lab)]

What assessment he has made of the future of the aerospace sector in Northern Ireland.

[Gavin Robinson (Belfast East) (DUP)]

What discussions he has had with the Secretary of State for Business, Energy and Industrial Strategy on support for the aerospace sector in Northern Ireland.

[The Minister of State, Northern Ireland Office (Mr Robin Walker)]

The Government recognise that this industry is key to Northern Ireland’s economic success, with the sector in Northern Ireland valued at over £1.8 billion. Like many sectors, aerospace has come under immense pressure during the pandemic. That is why we put unprecedented support in place through the job retention scheme and the Bank of England’s covid corporate financing facility. Last week, I met Bombardier at its Shorts site and Stratospheric Platforms to discuss the challenges and opportunities for developing the sector and how the UK Government can support their success.

[Stephanie Peacock]

Ministers seem to be doing little more than shrugging their shoulders as the UK’s world-leading aerospace sector goes to the wall. When will they step in with sector-specific support?

[Mr Walker]

The UK Government have made available £2.1 billion to the UK aerospace sector through the covid corporate financing facility and additional flexibility for UK export finance, which is supporting £3.5 billion of sales in the next 18 months. I continue to work closely with my colleague the aerospace Minister, the Under-Secretary of State for Business, Energy and Industrial Strategy, my hon. Friend the Member for Stratford-on-Avon (Nadhim Zahawi). I am determined that we do support businesses in Northern Ireland, as across the UK.