(6 days, 21 hours ago)
Commons ChamberWelsh businesses both large and small tell us time and again that they are being held back by red tape. We need to tackle the barriers to trade in order to help drive investment, jobs and growth for both the UK and EU economies. Nationalists can continue their obsession with the constitution, putting up borders instead of breaking down barriers, and raising taxes on working people, as they have done in Scotland.
Closer collaboration between the UK and the EU on defence and defence spending is an important part of strengthening our relationship and will be important for the Welsh economy, including for companies such as EnerSys, which I visited recently, which produce specialist batteries for defence and other applications. Will the Secretary of State say a bit more about how increased defence spending will aid the Welsh economy and companies such as EnerSys, particularly in advanced manufacturing and supply chains?
My hon. Friend is absolutely right about the potential for growth. This Government’s commitment to increase defence spending means that our strong defence manufacturing base in Wales and the skilled jobs it supports has real potential for growth. The top five suppliers to the Ministry of Defence all have a footprint in Wales, and alongside that is a strong supply chain. The forthcoming industrial strategy will set out more details as to how that advanced manufacturing base will get Government support.
(7 months, 3 weeks ago)
Commons ChamberUnder my chairmanship, the transition board has moved from discussion to delivery. Last month, I announced £13.5 million for supply chain, skills and employability funds. I also announced our business and community pledge scheme, bringing together over 50 organisations in support of affected workers.
The two funds that have been announced are specifically for people in businesses and in the supply chain, because we know that they have already been affected by the uncertainty of the situation at Port Talbot. They will help people to retrain and reskill into new employment, and will help businesses to diversify and go into new markets if they are a primary customer of Tata Steel.
I know that my right hon. Friend will serve Wales admirably in her new role.
Llanwern steelworks in Newport is a key strategic site that manufactures world-class automotive steel and more, and it has so much potential. We all await the statement later, but can she outline what she has been doing, alongside the Department for Business and Trade, to secure future investment in Llanwern as part of ongoing discussions with Tata?
The Government absolutely understand the importance of Llanwern as a key manufacturing facility for steel products. We have worked with Tata Steel UK to ensure that Llanwern is clearly considered in plans for the future of steel in south Wales. My hon. Friend is a dedicated advocate for the workers at Llanwern, and I know that that she will follow closely the upcoming statement from the Secretary of State for Business and Trade.