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Speech in Commons Chamber - Mon 04 Feb 2019
Nissan in Sunderland

"When it could soon cost less, in terms of tariffs, to import a car to the EU from Japan than it will to export a new car from the UK to the EU in the event of a hard Brexit, is it not easy to see just what impact Brexit …..."
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Speech in Commons Chamber - Wed 31 Oct 2018
Budget Resolutions

"rose—..."
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Speech in Commons Chamber - Wed 31 Oct 2018
Budget Resolutions

"Will the Secretary of State recognise the real concerns expressed to him by the automotive industry about the contradictory and confused signals coming out of Government in relation to fiscal policy and vehicle excise duty? Is there not something wrong when the system as it is at present penalises most …..."
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Speech in Westminster Hall - Tue 22 May 2018
UK Automotive Industry: Job Losses

"I start by declaring an interest; I chair the all-party parliamentary motor group, which receives support from the Society of Motor Manufacturers and Traders, the Motorsport Industry Association and the RAC Foundation. I congratulate my hon. Friend the Member for Warwick and Leamington (Matt Western) on his comprehensive tour of …..."
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Speech in Westminster Hall - Tue 22 May 2018
UK Automotive Industry: Job Losses

"Consumer incentives will have to be part of the package that we hope will incentivise the shift towards zero emissions. The Government have scaled back both the plug-in car grant and the grant available for the home charging of electric vehicles. Does that not send out a confused signal, if …..."
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Written Question
Directors: Codes of Practice
Thursday 17th May 2018

Asked by: Richard Burden (Labour - Birmingham, Northfield)

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the timetable is for the Financial Reporting Council to (a) complete its review and (b) publish an updated version of the UK Corporate Governance Code.

Answered by Andrew Griffiths

In February 2017, the Financial Reporting Council (FRC) announced plans for a comprehensive review of the UK Corporate Governance Code, and delivery of this review implements part of the Government’s wider Corporate Governance Reform package announced in August 2017. The FRC’s public consultation closed on 28 February 2018. Responses are being considered and the FRC is on track to publish an updated Code with supporting guidance in July 2018.

Speech in Commons Chamber - Tue 24 Apr 2018
GKN

"The Melrose takeover of GKN was approved by 52% to 48% after 20% of the company had been snapped up by hedge funds. The Secretary of State has heard calls from both sides of the House for those with short-term interests to be excluded from making decisions on takeovers and …..."
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Speech in Commons Chamber - Tue 27 Mar 2018
GKN: Proposed Takeover by Melrose

"Most of the undertakings that Melrose has given in answer to the questions that the Secretary of State put to it will expire after five years. As the Secretary of State has already heard, lead-in times for the aerospace and defence industries can be five, 10, 15 or 20 years, …..."
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Speech in Westminster Hall - Thu 15 Mar 2018
GKN: Proposed Takeover by Melrose

"I thank my hon. Friend the Member for West Bromwich West (Mr Bailey) for securing this important debate. I echo the serious concerns that he and the hon. Member for Redditch (Rachel Maclean) raised about the bid for the proposed takeover by Melrose of GKN. GKN employees raised similar concerns …..."
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Speech in Commons Chamber - Tue 13 Mar 2018
Oral Answers to Questions

"The 220 people who work at GKN Aerospace in my constituency produce windshields for military and commercial aircraft, so is that not another indication that the hostile takeover bid raises national security implications? The Secretary of State has the power to intervene under the Enterprise Act 2002...."
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