UK Modern Industrial Strategy

David Chadwick Excerpts

Monday 23rd June 2025 Commons Chamber

[Jonathan Reynolds]

Further education has had a difficult time over the past few years and we are starting to see the kind of investment that will make a difference. We need more business input into skills’ policy, which I think is the kind of work that my hon. Friend was talking about. I am more than happy to come up the road from Stalybridge to Rochdale one Friday, and we can have that conversation in person. There will be many bids from Greater Manchester for the capital that we are putting forward, and I look forward to looking at the bid that he mentions.

[David Chadwick (Brecon, Radnor and Cwm Tawe) (LD)]

I commend the Government on reintroducing an industrial strategy, which is crucial for spreading out good jobs across the United Kingdom. In my constituency, the hospitality industry is crucial to our local economy as it boosts tourism, creates jobs and helps with rural regeneration, but it is struggling with sky-high energy costs. What is the Secretary of State doing to ensure that SMEs in all sectors of our economy, particularly pubs and restaurants, receive better support with their energy costs?

[Jonathan Reynolds]

This industrial strategy seeks to deliver more inward investment. For example, Universal is making an incredible investment in Bedfordshire, where is seeks to deliver the biggest theme park in Europe, creating 8,000 jobs in hospitality. People should recognise that there is a direct relationship between what we are doing here, what we are trying to get more of and the kind of benefits that the hon. Gentleman talks about. We have set a target of 50 million visitors by 2030, so such issues are represented in the strategy and, as I say, some of the issues that are not covered will be in the small business plan, which will come out imminently next month.