Proceeding contribution from Baroness Burt of Solihull (Liberal Democrat) in the House of Commons on Tuesday, 8 June 2010. It occurred during Queen's speech debate on Economic Affairs and Work and Pensions.
Economic Affairs and Work and Pensions
The hon. Gentleman is entirely mistaken. In fact, the policies of the two parties were almost identical. They were so similar, I wondered whether someone had been talking to someone else. We are at one on that. Procurement is a big issue affecting the ability of businesses to survive and grow, and it was great to hear in the Humble Address the aspiration to contract 25% of Government procurement to small business. That will take some enforcing, and we must first get the bodies that spend our taxpayers' money to take account of the size of companies from which they procure. While they are doing that, would it not be great to get them to have a look at whether the people from whom they are procuring look like the people they supply? Are we utilising the rich diversity of supply that we could utilise, including businesses owned by women and ethnic minorities? I come from the west midlands, which is possibly the UK region that has been hardest hit by the recession. However, we in the west midlands do something special, and we do it well: we make things. We are very clever at making highly technical, high value-added products, many of which we export to the world. Although our car industry has suffered badly, not only do we produce two of the most iconic marques in the world—Jaguar and Land Rover—but they are thriving, both in the export and home markets. I shall conclude on this point: for far too long, financial services—I understand that they are important—have held the Government in their thrall. If I have anything to do with it, that will no longer happen. Despite the fact that manufacturing has been allowed to wither, the UK is still the sixth largest manufacturing country in the world. The time has come to talk manufacturing up, create a climate in which it can thrive, allow it access to finance, which is the lifeblood of business, and create a fair regulatory playing field. Then, we should get off the pitch, and let team Great Britain compete on the world stage.
Secondary information
- Type
- Proceeding contribution
- Reference
- 511 c209-10
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Poverty Children Cost effectiveness Bank services Banks Bank of England European Union Financial services Financial Services Authority Economic situation Economic growth Public expenditure Nationalisation Unemployment Regulation Economic recession Social security benefits Public sector debt Social security Reviews Cuts World economy Office for Budget Responsibility Living wage
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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