Oral Answers to Questions

Nigel Huddleston Excerpts
Tuesday 13th September 2016

(7 years, 8 months ago)

Commons Chamber
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Nigel Huddleston Portrait Nigel Huddleston (Mid Worcestershire) (Con)
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3. What steps the Government is taking to develop its industrial strategy; and if he will make a statement.

Greg Clark Portrait The Secretary of State for Business, Energy and Industrial Strategy (Greg Clark)
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I am delighted that the Prime Minister has asked me to lead the historic task of preparing a proper industrial strategy for our country. We have a once-in-a-generation chance to embrace the opportunities of our new global role, and to upgrade our economy so that it works for everyone. We will work with the breadth of British industry, local leaders, innovators, employees and consumers to create the conditions for future success.

Nigel Huddleston Portrait Nigel Huddleston
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May I, too, take the opportunity to congratulate the Front-Bench teams on their appointments?

The words “industrial strategy” often conjure up images of manufacturing and heavy industry. Can the Secretary of State confirm that the service sector, which, after all, constitutes 80% of the British economy, will also be comprehensively covered by this industrial strategy?

Greg Clark Portrait Greg Clark
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I can indeed confirm that. In our projections of how we are to earn our living as a nation, we should look to our strengths. The service sector is undoubtedly one of our greatest strengths, and we must of course create the conditions that will enable it to continue to prosper in the future.