Yvonne Fovargue
Main Page: Yvonne Fovargue (Labour - Makerfield)Department Debates - View all Yvonne Fovargue's debates with the Department for Education
(8 years, 6 months ago)
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Yvonne Fovargue (Makerfield) (Lab)
Last week, Paul Everitt, the head of the aerospace trade body, ADS, said:
“Loans for research and development are not appropriate and that kind of approach would put the UK at a disadvantage.”
May I press the Secretary of State to answer the question of my hon. Friend the Member for Wrexham (Ian C. Lucas) and rule out replacing research grants with loans that will damage Britain’s ability to innovate and compete?
Sajid Javid
I made a speech yesterday at the annual conference of Innovate UK in which I talked about the many ways to help the sectors. Grants, exports and skills are just some of them. One thing this Government will not shy away from is supporting that sector, and supporting innovation.