(6 years, 2 months ago)
Commons ChamberThe Government are extremely supportive of the Welsh steel sector. Since the European Commission blocked the Thyssenkrupp joint venture, I have met unions and management to discuss the challenges and opportunities.
As well as the success of the industrial strategy in supporting UK steel making, and the adoption of the new UK steel charter, what more can we do to support and promote the whole UK steel supply chain through the GREAT Britain campaign?
I again pay tribute to my hon. Friend for his role in supporting the steel sector in Corby. He will be well aware that five major steel producers have come together on this. In addition, the Government are supporting a sustained manufacturing hub led by Swansea University that will not only be of direct benefit to the steel industry in Wales but will have a significant impact on the steel sector in his constituency. That demonstrates the great strength of the industrial strategy.
(6 years, 3 months ago)
Commons ChamberThe hon. Gentleman points to prospects that the tidal lagoon may have provided, but when we analyse the data, it shows that demand from the tidal lagoon would lead to less than a month’s output of steel, so I would suggest that he really look closely at the numbers. Was he advocating supporting a project that is three times more expensive than an alternative? The steel producers in his constituency would be extremely excited to get the go-ahead for the M4 relief road around Wales. The money is available and the planning recommendations are in favour—all we need is a decision from the Welsh Government.
The UK steel industry is undoubtedly a key part of the industrial strategy, but what benefit will the strategy bring specifically for Welsh steel making, which is important for my constituency, given that coil from Port Talbot is fundamental to tube production?
My hon. Friend is a strong champion of the steel industry. He recognises how the investments in his constituency will also be important to the investments taking place in south Wales. There has been renewal of the blast furnaces in south Wales, and we are working hard to secure a steel sector deal. Those things will support the industry in north Wales and south Wales, as well as in Corby and elsewhere across the UK.
(6 years, 5 months ago)
Commons ChamberFirst, I point out that these meetings were aimed at communities and the Welsh Government jointly presented at the last one. The hon. Gentleman has frequent opportunities to make direct representation here and it was only a little over a week ago that I met the all-party group for the UK shared prosperity fund to discuss the matter. I am sorry that he could not be present with some of his colleagues, but of course I will be happy to meet him or any other colleague who wishes to discuss the UK shared prosperity fund.
Last year, over 3,000 jobs came to Wales through foreign direct investment, through 57 projects, of which 93% were supported by my Department and the Department for International Trade.
Given the recent showcasing of the Welsh investment portfolio at the MIPIM conference, what steps is the Secretary of State taking to try to lever further foreign direct investment into Wales, in what is undoubtedly a key nation in the global economy?
My hon. Friend is a strong advocate for foreign direct investment in his constituency and in all parts. He rightly points out that the Department for International Trade promoted a Wales capital investment programme at the MIPIM conference for the first time. That is a great demonstration of Whitehall Departments working closely with local authorities. There has been extremely positive feedback from both local authorities and investors, and we are working through those leads to see which projects can land.
(6 years, 6 months ago)
Commons ChamberSince the referendum I have been talking to stakeholders the length and breadth of Wales on the implications of EU exit. This includes the discussions I have had with my expert panel and economic advisory board, which met again last month.
I am grateful to the Secretary of State for that answer, but what steps is his Department taking specifically to support small businesses reliant on tourism in Wales?
My hon. Friend is a great champion of his constituency, and I have no doubt that people in Corby and east Northamptonshire will want to visit Wales regularly. This is a great opportunity to highlight Wales Week in London. Wales Week has gone global this year, being held in New York, in Washington and in all parts of the UK. I would be interested in seeing what we can do in my hon. Friend’s constituency next year.
(6 years, 9 months ago)
Commons ChamberOrder. There is a hell of a lot of noise in the Chamber. The House must hear Tom Pursglove.
The Government have a host of policies to support businesses in Wales, from tax reductions to city deals and a modern UK industrial strategy. As a result, Wales continues to attract inward investment across all sectors.
As we leave the European Union, we clearly need to promote all parts of the United Kingdom and their fantastic trade potential. How does the Secretary of State plan to harness Wales’s potential, building on the success of the “Great” campaign?
I pay tribute to what my hon. Friend does to promote businesses across the whole United Kingdom. He gives me an opportunity to highlight the fact that, in less than two weeks’ time, the tolls on the Severn crossing will be abolished for the first time in 52 years—a major boost to the economy of the south-west of England as well as south Wales.
(7 years, 4 months ago)
Commons ChamberThere are significant opportunities for Wales from the industrial strategy, particularly in relation to innovation, where there is a commitment to raise the total research and development spend to 2.4% of the economy. This is already benefiting Wales, with almost £6 million committed to 17 Welsh partner projects.
I am grateful to the Secretary of State for that answer, but will he outline how he is ensuring that research and innovation, which is a key part of the industrial strategy in Wales, is recognised across the world?
My hon. Friend is a key campaigner for the steel industry, and I draw his attention to the Swansea bay city deal and the industrial strategy, which has established a new national Steel and Metals Institute, not only offering long-term viability to the industry in Wales, but complementing his constituency’s interests.
(7 years, 5 months ago)
Commons ChamberWe are working with the sector, the unions and devolved Administrations to support the UK steel industry to develop a long-term viable solution. We are deeply disappointed by the US announcement and are taking all possible action to support the industry.
The steelworks in Corby is part of a comprehensive steel supply chain that involves sites in Wales. Further to the conversations the Secretary of State has been having in Wales, what discussions is he having with UK Government Ministers about how we can best support the UK steel industry as a whole?
I pay tribute to my hon. Friend for the work he is doing to support the steel industry. He was at the forefront of the debate two years ago when the steel industry was facing a particular crisis, and it is through his influence, with others, that we have introduced an energy compensation scheme, flexibility over EU emissions targets and 45 trade defence measures to prevent illegal steel dumping in Europe. His influence is pretty strong in this debate.