Jo Gideon
Main Page: Jo Gideon (Conservative - Stoke-on-Trent Central)Department Debates - View all Jo Gideon's debates with the Cabinet Office
(1 year, 3 months ago)
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The Prime Minister
First of all, let me say that my thoughts are with the company’s employees and families at this time, and we stand ready to support those impacted. Let me just outline to the hon. Gentleman what exactly has happened. We did offer significant support to Britishvolt through the automotive transformation fund—a considerable amount of funding—but entirely reasonably, and this is not something I expect the Labour party to understand, that support was conditional on the company receiving private investment as well, which is a sensible protection for taxpayers. Unfortunately, that did not materialise. It is completely wrong to take from that what else is happening in the north-east. Across the north-east, there is new investment in the new N-Vision and Nissan plant in electric vehicle manufacturing. That is a £1 billion investment in the north-east. Look at what is happening in Teesside on clean energy. This Government are committed to the north-east, and we will deliver more jobs and opportunity under this Conservative Administration.
Jo Gideon (Stoke-on-Trent Central) (Con)
The Prime Minister has long been a friend to business. As Chancellor, he listened to businesses in Stoke-on-Trent Central about their issues. Stoke-on-Trent has a wide range of manufacturing fabrication and engineering excellence. Does he agree with me that growing these activities is a vital strand of our levelling-up ambitions? May I invite him to re-visit my constituency to meet these businesses?
The Prime Minister
My hon. Friend is an excellent champion for her constituents, particularly her advanced manufacturing businesses, which I have had the pleasure of visiting with her in the past. It is important that we support those businesses on energy prices, which we are doing through the announcement that the Chancellor recently made, particularly in regard to generous support for energy-intensive industries. Indeed, they can also apply for up to £315 million-worth of capital grant funding to help them make the transition to net zero.