Rolls-Royce (Aerospace Group) Debate

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Rolls-Royce (Aerospace Group)

Pauline Latham Excerpts
Wednesday 5th November 2014

(9 years, 6 months ago)

Commons Chamber
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Matt Hancock Portrait Matthew Hancock
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Obviously this announcement is not a cheerful one, but Rolls-Royce has made it clear that it will continue both its graduate programme and its apprenticeship programme, which I know at first hand to be excellent. It is good news that Rolls-Royce is continuing to supply younger talent. It undoubtedly has an eye on the long-term future, and the need to ensure that there is a talented skills base. As for the shorter term, the fact that there are skill shortages in similar areas means that there are more job opportunities for those who are made redundant, and we must make the most of that.

Pauline Latham Portrait Pauline Latham (Mid Derbyshire) (Con)
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Rolls-Royce clearly did not make this decision lightly. Making it will have taken the company a great deal of time. The problem is, however, that the employees will be very uncertain until they know exactly what the position is. Will my right hon. Friend ensure that packages are in place as soon as possible once people know what is going to happen? Will he also ensure that the Prime Minister, the Chancellor and the Department for Business, Innovation and Skills work with UKTI to ensure that Rolls-Royce secures more orders in the future, so that we can retain as many members of its highly paid, skilled work force as possible in the Derby area?

Matt Hancock Portrait Matthew Hancock
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My hon. Friend has made a very good point. The decision to make these reductions over a period of 18 months does, of course, mean that there will be a period of uncertainty, but the fact that the announcement was made at the start is helpful, because it means that we can line up the support that will be provided by the Government and others. We engaged in discussions with the company for a couple of weeks before the announcement to ensure that everything would be ready in time for it, and we must ensure that consultations with the work force and their unions continue.