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

To ask Her Majesty’s Government what is their strategy to encourage and attract investment to the steel, aerospace and pharmaceutical industries in the UK.

The Government has worked hard to make Britain one of the best places in the world to start and grow a business, creating a business environment that supports growth and encourages long-term investment; as well as a dynamic economy with open and competitive markets. This has included backing the steel, aerospace and pharmaceuticals sector, cutting corporation tax to 17% by 2020, and making major investments in the UK’s research infrastructure.

We are also developing an Industrial Strategy which will embrace the opportunities of our new global role and upgrade our economy so it works for everyone. We will be engaging fully with all sectors of the economy to deliver a successful strategy and create the conditions for future success.