Tuesday 19th March 2019

(5 years, 1 month ago)

Commons Chamber
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Stephen Gethins Portrait Stephen Gethins (North East Fife) (SNP)
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4. What discussions he has had with the Secretary of State for Scotland on support for small and medium-sized enterprises in Scotland.

Chris Skidmore Portrait The Minister for Universities, Science, Research and Innovation (Chris Skidmore)
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We have regular discussions with our ministerial colleagues on this matter, and most recently on the £260 million borderlands growth deal announced by the Chancellor in the spring statement. Our industrial strategy sets out our ambition to make the UK the best place to start and grow a business, and central to that is our ongoing commitment to the British Business Bank, which supported £467 million of finance to more than 3,600 Scottish businesses in 2017-18.

Stephen Gethins Portrait Stephen Gethins
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I thank the Minister for his response. He will be aware of the importance of banking services to small businesses, particularly in rural and more fragile areas, and the closure of banks has hit many of these small businesses hard, not least in East Neuk in my constituency. What action is he taking to look at, for example, increasing transaction remuneration to post offices, which are increasingly important to those businesses?

Chris Skidmore Portrait Chris Skidmore
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I understand from the Under-Secretary of State for Business, Energy and Industrial Strategy, my hon. Friend the Member for Rochester and Strood (Kelly Tolhurst), that she is currently negotiating the banking framework. I also want to set out the support that the British Business Bank gives to start-up businesses: 3,200 businesses have received £22 million in funding in recent years. We have 48,000 more businesses in Scotland compared with 2010. That is good news, and we need to make sure that we continue to support businesses, particularly the rural ones the hon. Gentleman mentions.

Ben Bradley Portrait Ben Bradley (Mansfield) (Con)
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5. What recent steps he has taken to support small businesses.

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John Howell Portrait John Howell (Henley) (Con)
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24. What steps he is taking to support the UK space industry.

Chris Skidmore Portrait The Minister for Universities, Science, Research and Innovation (Chris Skidmore)
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In the past month we have invested £18 million in the OneWeb satellite constellation to deliver global 5G communications, which I announced at the European Space Agency in the Netherlands. Last week we announced £7 million for the SMILE—Solar wind Magnetosphere Ionosphere Link Explorer—mission. In addition, we announced £25 million for the PLATO—planetary transits and oscillations of stars—observatory mission, and last week we signed the Square Kilometre Array treaty, which will see £180 million invested in the world’s largest telescope.

Steve Double Portrait Steve Double
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I thank the Minister for that answer, but will he confirm that the Government remain positive about the potential of a horizontal-launch spaceport at Cornwall airport Newquay? Will he continue to work to provide the support needed to move that development forward, which would be of such benefit to the Cornish economy? Will he also come to Cornwall and see for himself the potential of the site?

Chris Skidmore Portrait Chris Skidmore
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I thank my hon. Friend for his question; we had a positive meeting with the spaceport team last week. I am keen to do what I can to progress the hard work that has been done to put together an exciting project. The Government are investing £50 million to kick-start operations for a UK spaceport, including a £2 million fund for spaceports planning to host air-launched rockets and sub-orbital space planes. I will come down to Cornwall next month.

John Howell Portrait John Howell
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Can the Minister confirm that it remains his intention to help the UK space industry by developing an alternative to the European Union’s Galileo system?

Chris Skidmore Portrait Chris Skidmore
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The Government have committed £92 million to developing options for a domestic alternative to Galileo. The UK Space Agency is leading work with the full support of the Ministry of Defence. Contracts are being let with UK companies. Around 50 have made expressions of interest in the process, which will help to keep important skills and expertise in satellite navigation.

Barry Sheerman Portrait Mr Barry Sheerman (Huddersfield) (Lab/Co-op)
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The Minister might know that some of the finest engineering companies in Huddersfield are busy providing components for space probes, including the one that went to Mars. Our great town is really on the cutting edge, so will he visit Huddersfield and see what an enterprising, get-up-and-go town can do for small businesses and large businesses? Components come from all over Europe, so will he also come and reassure people who are terrified of what could happen with Europe?

Chris Skidmore Portrait Chris Skidmore
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I can confirm that I will visit Huddersfield on 10 May. I am going to the university there, and I will ensure that I speak to the hon. Gentleman and arrange to meet the companies as part of my visit.

John Bercow Portrait Mr Speaker
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I say to the Minister, who is a serious academic, that I have had the great joy of giving a lecture at the university. It is an admirable institution and they are very hospitable, so I think they will very much look forward to seeing and hearing the Minister.

Chris Skidmore Portrait Chris Skidmore
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When we look at our space industry, we see that it is truly part of the United Kingdom, right across every place. I went to Northern Ireland to see Thales and the work that it is doing on some of the satellite applications. Up in Sutherland in Scotland, we have a £31.5 million investment in vertical space launch. We want to ensure that our space industry—one of the fastest-growing industries in all of business—covers the whole of the UK.

Alistair Carmichael Portrait Mr Alistair Carmichael (Orkney and Shetland) (LD)
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7. What steps the Government are taking to support the development of marine renewable electricity generation.

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Vicky Ford Portrait Vicky Ford (Chelmsford) (Con)
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T10. Last week the Chancellor announced investments in genomics, photonics, quantum computing and nuclear fusion. Does my right hon. Friend agree that investments in world-class innovation bring economic benefits for all?

Chris Skidmore Portrait The Minister for Universities, Science, Research and Innovation (Chris Skidmore)
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The spring statement was indeed a statement for research, innovation and science. Looking at just one of those investments, there is £60 million to keep the Joint European Torus facility going, and there are hundreds of jobs and tens of PhDs at that facility. I am delighted that the Chancellor made that commitment as we move forward to 2.4% of GDP being spent on research and development by 2027.

Patricia Gibson Portrait Patricia Gibson (North Ayrshire and Arran) (SNP)
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T8. Can the Secretary of State explain whether he personally thinks the Prime Minister’s exit deal will make the UK better off than remaining in the EU would?