Oral Answers to Questions Debate
Full Debate: Read Full DebateTom Pursglove
Main Page: Tom Pursglove (Conservative - Corby)Department Debates - View all Tom Pursglove's debates with the Department for International Trade
(5 years, 9 months ago)
Commons ChamberI do not think that that is accurate, but I do not have the exact numbers to hand. UK Export Finance is there to support UK business in meeting demands and needs as requested by overseas companies and, indeed, countries. I make no apology for saying that UKEF is there to try to promote that, and it has played a role in funding renewable technologies. Our record on that front is good worldwide.
With UK Export Finance reaching its centenary later this year, what difference has UKEF made to exports? How does my hon. Friend intend to mark the occasion?
UKEF is yet another example of how this country has led the way when it comes to exporting. It was the world’s first export credit agency, and we should all be proud of its work to support British exports over the last 100 years. We will celebrate the centenary throughout this year, notably at the UK trade and export finance forum in June, and we will continue to promote UKEF’s world-class support so that even more UK companies can succeed abroad.
Can the Secretary of State update the House on the ongoing trade negotiations and discussions he is having with the United States Administration, not least because the US is our single largest export market?
Our working group with the United States on future trade has met a number of times. There is broad agreement that we should have a free trade agreement with the United States. That would open up huge possibilities for the United Kingdom. There has been a lot of talk in the news this week about the ceramics industry; it would benefit from a free trade agreement with the United States, not least by the removal of the 27% tariffs that it currently faces for UK exports.
On the gender pay gap, I have had discussions with the Equality and Human Rights Commission about how we can ensure that the requirement to report is enforced, but I hope the hon. Lady will welcome the shift we have seen in the GEO. As well as all the things we are known for—women on boards, looking at the FTSE 350—we need to look at women at the other end of the socioeconomic scale. In April, we will bring forward a new cross-Government economic empowerment strategy for women that will consider women who are trapped in low pay, often for decades, and what we can do together to raise their incomes.
One barrier to accessing skills, training and apprenticeships is sometimes just knowledge of them in the first place. What more does my right hon. Friend believe that we can do to help to spread the word so that more people across our country can access those opportunities?
My hon. Friend is absolutely right. It is about understanding the possibilities. We are running two projects: the 5 Cities project is aimed at increasing the diversity of those seeking apprenticeships; and the other one works with young people in more disadvantaged areas to make sure that they have the opportunity to get into higher-paid professions that they would not normally consider. We therefore are doing more, and it must not be forgotten either that an apprenticeship is a paid job—it is a job primarily. We are encouraging employers to advertise vacancies and embedding apprenticeships in all the careers advice we give to young people.