(8 years, 11 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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My hon. Friend is absolutely right. I pay tribute again to the workforce in both plants and in Vauxhall’s other operations in this country. They are efficient and highly committed, and they have been very flexible. As technology changes, we need to keep their skills up to date. The automotive sector is aware of that and is working with the Government on institutions to train not just apprentices, but other people in the industry. That will have my full-hearted commitment.
The Secretary of State will be aware that the Luton workforce are brilliant. They produce a superb vehicle. Today’s news is very positive, but Britain is still a net importer of motor vehicle products, in particular high value added components. Will he discuss with PSA the possibility of developing more high value added production in the supply chain over here, particularly in view of the recent depreciation of sterling, which looks likely to be permanent?
I am grateful to the hon. Gentleman for his engagement over the past few weeks. He knows the workforce in Luton well and what he says about them is absolutely right. There is a big opportunity across the automotive sector to increase the supply chain. It is one of the areas where we can make further progress in what is already a successful sector. We will do that through the industrial strategy and it will have my personal engagement.
(9 years ago)
Commons ChamberWe want British business and British industry to compete on the basis that they are price-competitive. There are opportunities that come from being outside some of the bureaucracy, which affects small businesses in particular when it comes to public procurement, and those are opportunities that we will be able to take.
(9 years ago)
Commons ChamberI am keen that we should be agile and fleet of foot. It is important that land and premises are available, not least for businesses that are expanding, or those that are being founded or located for the first time. My right hon. Friend the Communities Secretary has that very much in mind as part of his reforms to the planning system.
UK manufacturing and exports are benefiting greatly from the more sensible and appropriate parity of sterling, but much more needs to be done to rebuild Britain’s industrial strength. Will the Secretary of State therefore give serious consideration to re-establishing the National Economic Development Council to provide a forum for employers, trade unions and Government to consult and advise on how British industry may be promoted for the future?
I am interested in the hon. Gentleman’s proposal. I had not thought of reviving a body that I think was associated with a different type of industrial strategy. The council was about the big employers sitting down with Government. As some of my hon. Friends have pointed out, the approach that we want to take is more about creating conditions in which insurgents, new businesses and challengers to existing businesses have a central place. I am not sure that his suggestion would be the right approach, but I would be interested in hearing from him about it.
(9 years, 3 months ago)
Commons ChamberWe have been discussing a fantastic new investment that not only will safeguard jobs in Nissan and across the country, through the supply chain, but will, no doubt—especially with more of the supply chain coming to locate in the United Kingdom—create new opportunities. Those opportunities will be for young people right across the country. There will be apprenticeships, traineeships and careers available that would not have happened if we had not secured this investment, so the hon. Gentleman should welcome it.
Nissan’s decision is brilliant news not only for the north-east, but for the whole UK. May I suggest to the Secretary of State that the exchange rate is a major and crucial factor in Britain’s competitiveness, and that maintaining an appropriate exchange rate is fundamental to future manufacturing success and investment? Will the Government be taking steps to make sure that the welcome depreciation of sterling since 23 June is maintained?
As the hon. Gentleman knows, we have not targeted an exchange rate for some time. That policy is, first, not my remit and, secondly, not the way we approach the economy. However, it is true that there are many contributors to the competitiveness of the economy. What I need to do, and what I will do, is to take those things over which I do have influence and make them work for Britain.