British Industrial Competitiveness Scheme

Steve Race Excerpts

Thursday 16th April 2026 Commons Chamber

[Peter Kyle]

My hon. Friend speaks eloquently about the challenges that industry has faced in the de-industrialising period of a previous Conservative Government but also the opportunities that are there for the re-industrialising purpose of this Labour Government. Some of the companies she mentioned are, I imagine, in sectors that BICS will be very meaningfully able to support. I hope those companies will work with my Department to ensure that implementation is as effective as possible, and the eligibility checker, which will go live before too long, will mean that those companies can check their eligibility directly.

In general terms, we are investing in industry in our country. We are working tirelessly with aerospace, automotive and other key parts of the industrial landscape. The fact that Ensus was mothballed and not allowed to go bust shows that we are thinking very deeply and carefully about resilience and economic growth, and not just for today but for the long term.

[Steve Race (Exeter) (Lab)]

The Secretary of State will know that the south-west and Exeter is home to a nationally significant cluster of high-value manufacturing businesses and is identified in the Government’s industrial strategy as a key region for advanced manufacturing, with critical clusters in nuclear, green energy, defence and critical minerals. The last Government had some choice words for business—I will not repeat them here, Madam Deputy Speaker, because they are unparliamentary—but can the Secretary of State set out how this Government are working in partnership with businesses, including those in my region of the south-west, to ensure that they can prosper and succeed into the future?

[Peter Kyle]

I was down in the south-west just last week at Agratas, one of the largest battery production plants for electric vehicles in the whole of Europe. The sheer scale of manufacturing development in the south-west is typical of the renaissance and the capability of the region. The Agratas plant also shows the Government’s securonomics approach in action, with 230 tonnes of British steel being used in the production. From the roof, we can look across and see Europe’s largest nuclear power station being built. It is a real testament to the vibrancy, ambition and capabilities that we see right across the south-west.