A Green Industrial Revolution

Clive Efford Excerpts

Wednesday 15th January 2020 Commons Chamber

[Andrea Leadsom]

I will make more progress before I give way again.

From fighting climate change across the world to backing British ideas, we need a thriving economy to pay for it all. That is why I have set out my Department’s clear mission to build a stronger, greener United Kingdom. That mission is underpinned by three priorities: to lead the world in tackling climate change; to solve the grand challenges facing our society; and, quite simply, to make the UK the best place in the world to work and to grow a business. Today, as well as prioritising the pathway to net zero, we are solving the grand challenges facing our society, backing a new generation of problem solvers in science and business. From space technology to life sciences, the UK is developing satellites that measure climate change and creating ways to help people to enjoy five extra healthy years of life by 2035. From artificial intelligence to robotics, and from advanced manufacturing to green tech, the UK will seize the opportunities offered by this new industrial revolution. That will be underpinned by our commitment to increase our research and development spending to 2.4% of GDP by 2027.

[Clive Efford (Eltham) (Lab)]

Again, we are hearing the right noises from the Government, but the action is not being followed through. The commitment to net zero trips off the tongue, but can we achieve it if we continue to fail to meet our environmental targets?

[Andrea Leadsom]

I urge the hon. Gentleman to consider what I have just said in explaining the achievements, the ambition and what we are actually doing in practice. Perhaps he just needs to listen to what I am saying.

To seize the opportunities that lie ahead, we must make the UK the best place in the world to work and to grow a business. This Government will back business to the hilt, promoting inward investment and new export markets while also stamping out the poor practices that can sometimes give businesses a bad name. Our plan is to reduce burdens on business by reviewing and reducing business rates, and by resolving the scourge of late payments. As we leave the European Union, we will protect business confidence in supply chains, securing the best possible trading arrangements with our European partners. From diversity to sustainability and beyond, we will hold businesses to the same high standards, putting in place reforms to keep the UK a world leader in audit, corporate governance and transparency.