Monday 31st October 2016

(8 years, 1 month ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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The approach that I have set out across our economy is to meet those businesses that are part of my responsibility and to have sensible discussions so that I understand from them what they need. That informs our negotiating mandate. That is my commitment to all the businesses—large and small—that I meet.

Tom Pursglove Portrait Tom Pursglove (Corby) (Con)
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This announcement clearly shows the world that Britain is open for business. I hope that our supply chains will get a boost from this too, particularly UK steel. Will my right hon. Friend say a little about the wider involvement of the UK automobile sector in the forthcoming industrial strategy and how the announcement fits into that?

Greg Clark Portrait Greg Clark
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I certainly will. With any industrial strategy, we should build on our strengths and not be complacent, but recognise that in order to continue to be strong, we need to look at the underlying conditions for promoting that. The presence of a vigorous supply chain is important for the automotive sector. It is important to be at the cutting edge of research and development, and to have skills in the workforce on which expanding companies can count in order to fulfil their order books. Those are all important enabling conditions, and the Government have a role to play by working with companies to make sure that they are all met.