Coalfields Regeneration Trust

Debate between Alison Taylor and Adam Jogee

Tuesday 22nd April 2025 Commons Chamber

[Adam Jogee]

I am grateful for the intervention from my hon. Friend,, who has a much better head of hair than his predecessor—and it is his. He makes a very good point. As I said to my hon. Friend the Member for Stoke-on-Trent Central, pride, power and people must drive us as we move forward.

Despite 15 years of Conservative-led Governments failing the CRT and, by extension, our coalfield communities, the CRT has still managed to create an asset base worth £55.5 million, supporting almost 3,500 jobs.

[Alison Taylor (Paisley and Renfrewshire North) (Lab)]

My hon. Friend is making an excellent speech. The Coalfields Regeneration Trust has an innovative approach to its financial model. It develops new industrial units for small and medium-sized enterprises and start-up businesses. This, importantly, creates new business communities, which fuel local economies. Moreover, it provides the Coalfields Regeneration Trust with income-producing investments, helping to underwrite its financial stability.

[Adam Jogee]

My hon. Friend makes a very good point. She speaks to the cross-nation commitment to this issue, and about the many people who live in, work in and benefit from the potential in our coalfield communities.