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Identifying Growth Sectors in the South East Economy

The reductions in the RDA budgets to which the right hon. Gentleman referred have been about a reprioritisation of resources, to provide businesses with the support that they need and to ensure that we have sufficient people in our Jobcentre Plus offices. We can then have the future jobs fund and provide all the support necessary to ensure that we have an active fiscal stimulus package to get us out of recession. Therefore, it is a reallocation of resources, prioritising the difficult time within this worldwide recession. That is about active government and about providing real help now. Yes, the RDA has seen a reduction in its budget. [ Interruption. ] Yes, it has been a cut, but the money has not been taken to the Treasury. It has been reallocated for social housing in our constituencies, to help businesses and to bring forward capital investment to provide jobs. Therefore, if the hon. Member for East Worthing and Shoreham just wants to get the headline, he should look at the detail, because it is the detail and the activity that assists our communities, this region and our country. One final example is from an important area within the creative industry in which our region has an important base. The post-production of a recent Disney blockbuster is now taking place in Pinewood studios. [ Laughter. ] The hon. Member for East Worthing and Shoreham laughs, but that is an investment of £70 million and there will be 300 jobs. He will welcome the fact that 10 films are expected to follow. That is not amusing. I am sure that the film itself might entertain us, but these are real jobs in a creative industry, which is really important for our area. I am sure that, even from a sedentary position, the hon. Gentleman would be able to identify really good examples of businesses within his constituency. In fact, I am sure that all of us in this room would be able to do so. All this activity presents a real opportunity.