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Trade (2,743)

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I welcome the Government’s ambition to double business investment by 2035, but on the Business and Trade Committee we have heard time and again from businesses that they face barriers in unlocking the investment they need to scale up. Can the Minister set out how the Government intend to support...

Member
Rosie Wrighting (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c871
House
House of Commons

I thank my hon. Friend for her work on the Business and Trade Committee; I always enjoy my sessions there, as do my ministerial team. She is right that finance is a huge issue and scale-up finance is a particular challenge. We intend to use the British Business Bank, as...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c871
House
House of Commons

I welcome that we finally have an industrial strategy for this country; that is very exciting. On driving innovation, I absolutely support that larger British Business Bank and making sure we invest in scale-ups, although we need to make sure that it is about long-term investment and that there are...

Member
Victoria Collins (Liberal Democrat)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c871
House
House of Commons

I thoroughly agree. It is an exciting day and the challenge is long-term consistency and reliability—which, frankly, this Parliament and previous Governments have not supplied. There is a key voice from business to us that we need to address. Digital and tech skills are one of the prominent features of...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c871
House
House of Commons

York Central, our biggest brownfield site, will release 12,500 new jobs in advanced and digital rail and the digital creative sector, as well as in the bio-economy mentioned in my right hon. Friend’s brilliant industrial strategy. Will he, however, ensure that innovation hubs at the centre of these cluster developments...

Member
Rachael Maskell (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c871
House
House of Commons

I am tremendously excited by the opportunity my hon. Friend outlines. There are many tools she will recognise in the strategy, including the funding for innovation and for local economic development, and particularly the new strategic sites accelerator—for the first time, land assembly, getting the grid and planning in place—so...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c872
House
House of Commons

I welcome the investment in skills announced today. What seems to be missing, though, is a commitment to give wraparound support to the 3 million workers in the UK currently in high-carbon industries, who will need reskilling and retraining in order to make the most of the green jobs boom....

Member
Carla Denyer (Green Party)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c872
House
House of Commons

I thank the hon. Lady for the slightly positive tone of her question. I believe that the skills challenge for the UK is about not just making sure that there are opportunities for young people, but reskilling people too. We have taken forward some interesting measures inherited from the previous...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c872
House
House of Commons

I warmly welcome this ambitious and exciting industrial strategy from my right hon. Friend. Aligning vocational and technical training to the skills our industries need is plain common sense. However, in my constituency businesses often tell me that they cannot access the skills and workers they need, and young people...

Member
Pamela Nash (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c872
House
House of Commons

Yes, our officials are in close contact with all our partners in all the devolved Governments. We respect policy differences through devolution, but the kinds of things we are addressing are of interest to every part of the UK.

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c872
House
House of Commons

I congratulate the Business Secretary, the Secretary of State for Science, Innovation and Technology, and the Minister for AI and Digital, the hon. Member for Enfield North (Feryal Clark), on listening to me over the last 11 and a half months and including in the sector plan for digital and...

Member
Max Wilkinson (Liberal Democrat)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c873
House
House of Commons

I welcome the hon. Gentleman’s support and the contribution his local area can make. In some areas, we have a lot of good things going on, but it needs to happen faster and we have to make sure that we execute the plans we have in place. That sounds like...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c873
House
House of Commons

Ceramics UK has described today’s modern industrial strategy as disappointing and, candidly, I share the sector’s disappointment. The one reference to ceramics in the strategy is historical and geographic, with nothing about industry. For months, I and my hon. Friends the Members for Stoke-on-Trent North (David Williams) and for Stoke-on-Trent...

Member
Gareth Snell (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c873
House
House of Commons

I say to my hon. Friend that I think Ceramics UK is misplaced in that criticism. Ceramics is recognised as a foundational sector: it is part of the materials foundational sector in the strategy. Its principal request is about energy prices. There are some ceramics businesses—I accept not that many—that...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c873
House
House of Commons

The industrial strategy has a commitment to increase R&D to drive growth. However, Wales has consistently missed out on its population share of UK R&D funding for years, receiving around 2% rather than the 5% we should be receiving. What are the Government doing to ensure that Wales gets its...

Member
Llinos Medi (Plaid Cymru)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c873
House
House of Commons

I absolutely recognise that, in all the initiatives we are putting forward today that apply across the UK, every area deserves its fair share of the funding. Of course, many of the policies that I and the Department are responsible for disproportionately benefit Wales. Under the clean steel fund, the...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c874
House
House of Commons

I congratulate my right hon. Friend. With over 5,000 Macclesfield jobs dependent on AstraZeneca, I welcome the health data research centre, the slashing of trial times and the focus on life sciences. Will he set out how he is supporting Department of Health and Social Care colleagues to further deliver...

Member
Tim Roca (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c874
House
House of Commons

I welcome my hon. Friend’s question; he is right that VPAG is significant to the life sciences sector plan and that the industry is looking for resolution on it. The life sciences sector plan will be formally launched by Cabinet colleagues to coincide with the anniversary of the foundation of...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c874
House
House of Commons

I welcome the industrial strategy, but I want to push the Secretary of State on skills. Harrogate college often tells me that it struggles to access funding for technical and vocational training that meets the needs of local business. In the next academic year—in just a couple of months—it will...

Member
Tom Gordon (Liberal Democrat)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c874
House
House of Commons

I recognise the case that the hon. Gentleman makes. Some of the courses that we need and that are central to our economy—engineering is a good example—are more expensive to put on and need greater capacity. When I talk about a funding package, it is to deliver the business-led, needs-led...

Member
Jonathan Reynolds (Labour)
Type
Proceeding contributions
Date
23 June 2025
Reference
769 c874
House
House of Commons