Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to his oral contribution of 27 November 2017, Official Report, column 45, what specific financial incentives will be available to encourage suppliers to relocate to the UK.
The new supply chain programme is to be piloted in 2018 in the automotive sector and will provide training and streamline business processes, so that UK suppliers can match the best in Europe and secure a greater share of the expenditure of UK based vehicle makers. This initiative will help support the industry’s ambition to increase UK content in the supply chain from 44% to 50% by 2022. More detail on this will be announced shortly.