Employee Car Ownership Schemes

Debate between Lord Stockwood and Lord Hunt of Kings Heath

Monday 8th December 2025 Lords Chamber

[Lord Stockwood (Lab)]

I thank my predecessor, who did an excellent job in the Office for Investment. He will understand that we are looking at many different projects that enhance the investment attractiveness of the UK and at our commitment to our climate goals, in which the gigafactories are large and proportionate players.

[Lord Hunt of Kings Heath (Lab)]

My Lords, on the issue of climate goals, will the Minister remind the noble Lord, Lord Forsyth, that the CBI report in February 2025 showed that, since 2023, the net-zero economy had grown by 10.1%, which compares favourably with the general level of growth? Should we not celebrate the net-zero economy and the potential it brings to this country?

[Lord Stockwood (Lab)]

I thank my noble friend for the reminder. I agree that the net-zero transition creates the most attractive and best use of our capabilities in the UK. I am happy to support his comment.