Opel/Vauxhall: Sale to PSA Group
Debate between Greg Clark and Madeleine Moon(7 years, 2 months ago)
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Greg Clark
I am grateful for the hon. Lady’s kind words. We have made it very clear that our objectives as we start the negotiations—which obviously have not commenced yet, because we have not triggered article 50 —are about making sure that we can have access to the single market without impediments and without tariffs. But in any case, we are determined that our industry, whether the automotive sector, advanced manufacturing generally or the whole economy, will be competitive. The head of PSA himself said today that Brexit actually offers some opportunities, but the hon. Lady can have my assurance that I will do everything within my power to make sure that the terms of trade that we secure through our negotiations are as advantageous as possible.
Mrs Madeleine Moon (Bridgend) (Lab)
I thank the Secretary of State for his kind offer after last week to meet me later today along with colleagues representing seats along the south Wales M4 corridor to talk about what happened with Ford in Bridgend last week, but today we have another announcement. It looks as though we are going to have drip, drip, drip announcements, causing great anxiety to people in the automotive industry. I asked the Prime Minister if we could have a summit involving MPs, manufacturers and the trade unions; is it not now time to call such a summit, so that rather than companies being taken apart one by one, we can discuss this as a whole House?
Nissan: Sunderland
Debate between Greg Clark and Madeleine Moon(7 years, 7 months ago)
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Greg Clark
Of course financial services are of huge importance to our economy—to the UK economy and to the economy in Edinburgh. We need to make sure that, in all areas, we get the best possible deal by finding areas of common ground and negotiating constructively, through relationships that we have built up with our counterparts in the European Union, during the months and years ahead. That is the approach that we will take, and it is the approach that is most likely to succeed.
Mrs Madeleine Moon (Bridgend) (Lab)
On Friday, I am due to visit the Ford engine plant in my constituency, along with my local Assembly Member, Carwyn Jones, the First Minister of Wales. Can we be assured that we will be talking to Ford on the same lines as have been very successfully negotiated in relation to Nissan, and that the 2,000 jobs at the Ford plant and in the wider economy will also be secure following today’s statement?
Greg Clark
I do not know what the hon. Lady is going to say to Ford, but I hope that she will reinforce the messages that I have given in saying that the Government want to maintain the competitiveness of the whole automotive sector. We want to build on the strengths that it has in every part of the United Kingdom, including in her constituency, so that it can prosper in the future. I hope that that will be welcomed.