(2 days, 3 hours ago)
Commons ChamberThe hon. Member will know as well as I do that the new Leader of the Opposition is the one who sold our farmers down the river, negotiating deals with places such as Australia and leaving our farmers open to increasing quotas on imported meat. I assure him that this Government are committed to promoting robust standards, nationally and internationally, to protect consumer interests and to ensure that consumers have confidence in the food that they buy. We will consider the full range of tools at our disposal to uphold the UK’s commitment to high standards. That includes using our influence in the World Trade Organisation and other multilateral bodies to argue for better and fairer trading rules.
Our mission to kick-start economic growth will deliver good jobs and growth in Wales. Just last month, our international investment summit secured over £63 billion in private investment into the UK. Since July, we have secured over £1 billion of investment into north Wales, creating and sustaining 400 well-paid jobs in manufacturing.
The Secretary of State has said that economic growth is her No. 1 priority. Can the Minister say how the Budget’s confirmation of the investment zones will help contribute to that aim?
The Budget includes a total of £320 million and a commitment for the investment zones in Cardiff and Newport and in Wrexham and Flintshire. This is a crucial part of our work with the Welsh Government to provide a rocket boost for sectoral strengths such as the creative industries, the life sciences and advanced manufacturing, including our world-leading compound semiconductor cluster.
(1 month, 4 weeks ago)
Commons ChamberI thank the hon. Gentleman for his remarks. My colleague the Secretary of State for Business and Trade said immediately after the election that we do not intend to make any changes to existing freeport commitments. I am backing the delivery of the two freeports in Wales, and I am very pleased that, with the involvement of the Welsh Government, we have fair work elements in those freeports, which I fully support.
Under my chairmanship, the transition board has moved from discussion to delivery. Last month, I announced £13.5 million for supply chain, skills and employability funds. I also announced our business and community pledge scheme, bringing together over 50 organisations in support of affected workers.
I thank my right hon. Friend for beginning to deliver funds to support business confidence and provide a safety net for workers. Will she explain how that will support workers who are dealing with great uncertainty?
The two funds that have been announced are specifically for people in businesses and in the supply chain, because we know that they have already been affected by the uncertainty of the situation at Port Talbot. They will help people to retrain and reskill into new employment, and will help businesses to diversify and go into new markets if they are a primary customer of Tata Steel.