Oral Answers to Questions

Debate between Danny Chambers and Chris Bryant

Wednesday 25th June 2025 Commons Chamber

[Chris Bryant]

My hon. Friend is right that it is a brilliant project, and it is precisely the kind of thing the UK excels at: we manage to get the private sector working with Government and local government to deliver not only jobs but real innovation. As the Secretary of State is not here today, I am sure I can offer my hon. Friend the opportunity of a meeting with him.

[Dr Danny Chambers (Winchester) (LD)]

Over the past 10 years, many tech start-ups have left the UK and gone to silicon valley, which costs the UK a huge amount in jobs and tax revenue. What are the Government doing to ensure that start-ups currently at seed stage stay in the UK and grow here, so that we avoid the UK becoming an intellectual property farm for other countries to harvest?