Oral Answers to Questions

Dave Robertson Excerpts

Thursday 12th March 2026 Commons Chamber

[Chris Bryant]

It is like an open goal, isn’t it, Mr Speaker? Sorry—you do not have a view.

I believe that we achieve far more by our common endeavour than by going it alone. That is why I am a passionate supporter of the Union. Of course there are specific things about the Scottish economy that we want to drive forward. For instance, 54% of Scottish exports go into the European Union. If we manage to secure the sanitary and phytosanitary deal that we are trying to negotiate with the EU at the moment, that will pay enormous dividends to Scotland that it would never secure were it entirely on its own. Separatism never works.

[Dave Robertson (Lichfield) (Lab)]

4. What steps he is taking to help increase levels of private sector investment.

[The Parliamentary Under-Secretary of State for Business and Trade (Chris McDonald)]

I thank my hon. Friend, who is an advocate and champion of businesses in Lichfield. As I am sure he is aware, we are making sure that the UK is the best place in the world to invest by backing priority sectors through our industrial strategy. The advanced manufacturing sector plan will strengthen UK supply chains in sectors such as automotive, aerospace and clean energy industries, ensuring that businesses in Lichfield, such as its manufacturing and logistics businesses, get the skills, technology and new commercial opportunities that they need.

[Dave Robertson]

The quantum technology sector is hugely important for the UK. We have world-leading researchers and businesses innovating in healthcare, defence and many more industries, but quantum firms tell me that as they grow, they find it harder and harder to secure the investment that they need to commercialise their exceptional ideas. The risk that we face is that they will take their businesses out of the UK in order to seek that investment. That is why I recently established the all-party parliamentary group on quantum technologies to help Members of both Houses to understand this rapidly evolving sector. What can the Government do to ensure that our quantum businesses get the investment that they need to grow here in the UK?

[Chris McDonald]

I thank my hon. Friend for his work in establishing the all-party parliamentary group on quantum technologies. He is right to identify these technologies as very important for the future, and to put his finger on the particular problem that we have in the UK: while we are brilliant at innovating and investing in research, we have historically struggled with scale-up. That is not something that this Government are prepared to accept. Just as we are investing in critical minerals and automotive connected mobility technologies, we are investing in this area. The British Business Bank is doubling its annual investments to ensure that we can support scale-up and bring forward at least 10 new-to-market growth-stage funds so that we can leverage pension investments and help British businesses to stay and grow in the UK.