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Proceeding contribution from Lord McFall of Alcluith (Labour) in the House of Commons on Wednesday, 21 March 2007. It occurred during Budget debate on Budget resolutions.


AMENDMENT OF THE LAW

I am concerned about the position of manufacturing. I would be concerned if there were adverse consequences in that respect, but the challenge for us there is to ensure greater efficiency. It is important to have that efficiency drive, added to the technological expertise in this country. The hon. Gentleman could make me wax on about manufacturing, but I do not want to detain the House. Spending a lot of time, as I do, speaking to people in the City and seeing some of the bonuses and wages that they get, and then going into the manufacturing sector and seeing small businesses that have two or three people who are struggling, but have dynamic, innovative technological programmes, I think that there needs to be a little rebalancing. However, I will not be tempted by his question. I will leave it at that. He raises an important and profound issue, and we should debate it. We cannot allow the manufacturing agenda to be lost. Although 70 per cent. of our GDP comes from the services area, there is an important role for manufacturing. I hope that he is satisfied with that answer for the moment, but I will ensure that I report back to him at some other time. I referred to the aviation industry and climate change. I also mentioned earlier that I was at a conference in Cape Town last week with representatives from European and African nations, and one of the big issues was climate change. We cannot look at development policies without considering climate change and therefore I make a plea for the Department for International Development, the Treasury and others to ensure that climate change comes further up our agenda. In that respect, I welcome the £50 million that the Chancellor announced for the programme for 10 countries in central Africa to prevent the destruction of the largest rain forest in the world. At Cape Town university last week, an expert on climate change told us that anything that we do to address climate change can influence the changes coming in the next 40 or 50 years. We must consider communications. The scientist graphically described being on the end of his mobile and warning people in Mozambique about tornados that were coming to their area. It will be extremely important for us to be prepared for the shocks and changes that climate change presents. We must step up our thinking about that aspect of climate change, and the Treasury Committee will take that forward when we report on the Stern review and the Treasury’s role in environmental policy.


Secondary information

Type
Proceeding contribution
Reference
458 c841-2 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Budgets Economic situation Public expenditure Taxation Budget March 2007
Link
View this Proceeding contribution on www.publications.parliament.uk