Industrial Strategy Consultation

Debate between Stuart C McDonald and Greg Clark

Monday 23rd January 2017 Commons Chamber

[Greg Clark]

That is an enticing invitation—it would be very nice to visit Bury St Edmunds—but I am in danger of filling my diary for the year. My hon. Friend’s points resonate with the themes of the Green Paper, which is about ensuring that we have the right institutions and skills to support the businesses of the future. The strategy will be business-led. It is not about the Government directing business; it is an invitation to business, employers and consumers to respond by saying what they need from it, rather than the Government simply saying, “This is how it’s going to be”.

[Stuart C. McDonald (Cumbernauld, Kilsyth and Kirkintilloch East) (SNP)]

The Secretary of State briefly alluded to the importance of migration policy for the industrial strategy, productivity and innovation, so will he consult on taking over responsibility for certain parts of migration policy, seeing as the Home Office is making a mess of it? Even better, given his warm words on the importance of devolution, will he consult on devolving immigration policy so that the nations and regions can use local knowledge to determine the local skills needs?

[Greg Clark]

My responsibilities are broad enough and keeping me busy without my taking my right hon. Friend the Home Secretary’s job. That said, the hon. Gentleman’s question gives me the opportunity to re-emphasise that the strategy is a whole-Government approach, and of course it is important that the brightest and the best can continue to be employed here and to make the contribution they do to the whole UK economy.

Oral Answers to Questions

Debate between Stuart C McDonald and Greg Clark

Tuesday 8th November 2016 Commons Chamber

[Stuart C. McDonald (Cumbernauld, Kilsyth and Kirkintilloch East) (SNP)]

11. What steps his Department has taken to develop a long-term strategy for business growth since the UK’s decision to leave the EU.

[The Secretary of State for Business, Energy and Industrial Strategy (Greg Clark)]

We are creating a business environment that supports growth and investment by cutting corporation tax, by investing in infrastructure, by expanding our world-beating science, research and innovation activities, by increasing the number of apprenticeships, and by devolving power all across Britain. Our industrial strategy will build on these strengths, and we will work with industry, local leaders, investors, workers and consumers to build the conditions for future success.

[Greg Clark]

It is important that we attract the world’s brightest and best students to our fantastic universities, and all of us in the Government have a commitment to that. We have visa arrangements in place so that people can work in graduate jobs after that, and it is important that they should be able to do so.

[Stuart C. McDonald]

Up to 100,000 jobs across the UK will be at risk if Brexit causes London to lose euro-denominated clearing business. The loss of that clearing business will also mean the loss of much of the financial markets’ infrastructure. What urgent action are the Government taking to stave off these dangers?