UK Modern Industrial Strategy

Amanda Martin Excerpts
Monday 23rd June 2025

(2 days, 8 hours ago)

Commons Chamber
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Jonathan Reynolds Portrait Jonathan Reynolds
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Derby has an incredible pedigree in engineering skills. I agree with the case that my hon. Friend has made so strongly. I have added some funding from my own Department to that from the Department for Education around engineering, because the shortages are so acute and the opportunities so great. These are great jobs, careers and lives for young people or anyone transferring into that sector, with more funding for the courses, more flexibility in the courses that can be run and more capacity in technical excellence colleges. Although it is also about availability in all parts of the country, we could not get a better pedigree than my hon. Friend has in Derby, which is a great success story for this country and for her local area.

Amanda Martin Portrait Amanda Martin (Portsmouth North) (Lab)
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I warmly welcome the comprehensive and business-friendly UK modern industrial strategy; it is an investment in Britain, British people and British businesses. As home to the world-class and innovative defence cluster, Portsmouth has strength in maritime, space, drones, autonomous systems and assets such as QinetiQ, Airbus, His Majesty’s Royal Navy base, Griffon Marine, Portsmouth Aviation and Solent freeport. I could continue the list with many more brilliant businesses in my city, but time does not allow. Will my right hon. Friend say how “Invest 2035” can work alongside future devolution and local government reorganisation to help unlock growth, investment, skills and jobs for Portsmouth businesses and residents?

Jonathan Reynolds Portrait Jonathan Reynolds
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It is very important that we show the British people that the added investment and huge increase in defence spending from this Government will see real economic benefits for them and opportunities for their families, as well as fulfilling the core function of national security. My hon. Friend mentions devolution. We have measures in the strategy for local areas, whether or not they have mayoral leads on innovation and mayoral growth funds, many of which build on the very successful work of Andy Burnham, my Labour mayor in Greater Manchester, and Richard Parker in the west midlands, who have done brilliant things. Those are the most developed and mature mayoral areas. We can see what has worked in those places, and it really is starting to work. Let us have more of that across every bit of the UK, tailored for local needs and with the right tools that those political leaders need.