Proceeding contribution from Mark Prisk (Conservative) in the House of Commons on Tuesday, 13 December 2011. It occurred during Adjournment debate on West Midlands and Coventry.
West Midlands and Coventry
I am pleased to have the chance to discuss economic opportunities in the west midlands, particularly in Coventry. I commend the hon. Member for Coventry South (Mr Cunningham) for securing the debate. He highlighted several practical issues around job losses and questions for small businesses. I will address all of them, including the specific transport schemes that have been mentioned. It is worth taking a step back and remembering that the west midlands is a key part of our national economy. If we look at the most recent complete gross value added figures, it accounted for just over 7% of the UK's GVA in 2008. It is important that the area is successful and prosperous. Clearly, there have been problems. I understand that it is a difficult time for individuals caught in unemployment or facing redundancy. However, there has been positive news. I welcome the balanced view that the hon. Gentleman presented about the challenges and also the good news. The Opposition will understandably challenge what the Government are doing, but we have to be careful that we do not start to talk down Coventry or other areas and that we strike a sensible balance. We must recognise the problems, but we must also look at where the opportunities are, because I think they are strong. We have seen, for example, the £355 million investment by Jaguar Land Rover at i54. It is not immediately within the Coventry area, but it is crucial for the whole JLR programme. We have seen the £31 million that JCB is putting forward for its next generation of engines, which will form a crucial part of the skills base in the west midlands. We have also seen investment in BMW at Hams Hall, just outside Coventry. This is welcome news because not only is it good for businesses, it is a tribute to local workers. I want to put that point on the record. The hon. Gentleman and I have met the trade unions with regard to Rolls-Royce at Anstey. I hope that conversations between unions and management will persist to ensure that is somewhere that can remain competitive.
Secondary information
- Type
- Proceeding contribution
- Reference
- 537 c252-3WH
- Session
- 2010-12
- Chamber / Committee
- Westminster Hall
- Subjects
- Capital investment Employment Manufacturing industries Public sector Redundancy West Midlands Coventry
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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