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647 MPs·389 Bills·£2.9T

June 2025

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Events for Monday, 23 June 2025(122 total)

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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
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 exactly the sort of challenge in this area that we should commit to.
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I warmly welcome those words from the Chair of the Select Committee. I absolutely agree with him. There is so much in the strategy, but we were so uncompetitive on energy that whether action could be taken had become a test of credibility from business. The kinds of changes we are talking about—a reduction of £35 to £40 per megawatt-hour by exempting eligible businesses from payments for the renewables obligation, feed-in tariffs and the capacity market—will make a real difference. We are talkin
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I warmly welcome the hon. Lady’s support. That section of the Liberal Democrat manifesto was very well written, whoever was responsible for it. There was much that we can all get behind, and it very much made the case. The hon. Lady is right to say that the Liberal Democrats in government supported the approach we are taking. By the way, I have talked to nearly every one of my living predecessors across the political divide—not all of them, but the ones who have done this kind of work and made a
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I very much welcome my hon. Friend’s comments in welcoming the strategy. There is a great deal that I could go through. I would get in trouble with you, Madam Deputy Speaker, if I mentioned the benefits for every sector in the document, but I think we would all recognise the pressure on the ceramics sector through energy prices—much of the industry is gas-intensive, and there are not policy tools for dealing with that in the same way. Only a small number of ceramics businesses currently benefit
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I thank the hon. Member very much for his work. I think the whole House knows of my personal interest in steel and the measures we have taken, including the recall of Parliament and the passing of the Steel Industry (Special Measures) Act 2025 that was required to save his constituents’ jobs. He is right that the investment required in some of the most electricity-intensive opportunities of the future—electric arc furnaces, for instance, were we to go down that route at Scunthorpe —requires the
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
First, let me congratulate my hon. Friend on her recent honour. [Hon. Members: “Hear, hear!”] I know that she is not one for a fuss, but it is inspiring, and it is great to see that recognition. My hon. Friend is right that access to finance is a pillar of the industrial strategy. For instance, in the spending review, the British Business Bank’s capacity was increased to up to £4 billion, and the maximum ticket it could write was increased to £60 million as part of that. We also had a huge incre
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
Well, I think that was a positive response to the industrial strategy. It certainly sounded like there were some positive themes there. The hon. Member asks a reasonable, specific question about her constituency, and I will check that with officials and write to her so that she has the correct information. If she has had a chance to look at it, she will see that the strategy includes big commitments to the advanced manufacturing R&D budget for a whole range of sectors. We are putting in the mone
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
The birthplace of the industrial revolution is somewhat contested by several of us Labour MPs, but we do not need a vote on that. My hon. Friend’s constituency certainly has a rich history and a great future for her constituents, who have been well represented by her since the election. On energy prices, we all want action sooner rather than later. There are some parts of the programme that I can implement more quickly than others, and I have to do this in the proper way and let people consult o
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I welcome the question from my honourable namesake. I hope he is not still getting my emails; I get a few of his, and I try and help out where I can on those local issues. He is right: we have inherited a lot, and there is a devolved landscape to this as well. People often ask—we had a conversation in the Select Committee about this—why we do not bring them all into one organisation. It is important to understand that they play key different roles. I cannot remember what page of the industrial s
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I very much welcome the question and the work that my hon. Friend has done. He has been an ally in ensuring that there are no problems around the defence sector being seen as a legitimate source of business investment and economic activity. We recognise why we need that in the national interest, but we should not in any way be squeamish about the contribution that defence makes because the deterrence value is a fundamental contribution to peace, as well as to economic security. I can tell my hon
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I hesitate to say this, but I think the right hon. Gentleman underestimates the number of strategies there have been in recent years. It is certainly more than six; we are at 11 in the past decade, or something like that. There have been six Business Secretaries in five years, which is certainly far too many. I think we can all agree that we need some long-term consistency in that area alone. I agree with the right hon. Gentleman’s point on risk. That is one of the more thoughtful contributions
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
It was a pleasure to see my hon. Friend this morning with my right hon. Friends the Prime Minister and the Chancellor. I was absolutely blown away by that facility, not just by the obvious “big name” investment from the companies there, but by the young people in particular. Of course, we are trying to deliver a strategy for business, and that requires businesses to have access to the pipeline of people, talent and skills that they need. Within that story, there are so many opportunities and car
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
Well, you can’t please everyone, can you? I am depressed just from listening to that question. On the substance of the hon. Member’s question, he is categorically wrong. Look at what we are proposing for clean energy and what that means for Scotland. Look at the new supercomputer in Edinburgh and what that means for tech and digital. Look at the creative industries and the brilliant opportunities there. Look at the ambition on net zero and all the opportunities for investment in Scotland while c
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
There is the true voice of Scotland—it is fantastic to hear that optimism and pride for the future. My hon. Friend is right that there are huge advantages for her constituents in this strategy, which commits the kind of quantum of funding on a long-term, committed basis on R&D, which cuts industrial energy prices and does things across the board. There is so much that is part of the strategy. If I were to break down each of those sectors, I could be here for hours. You would probably get upset w
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I understand the point that the hon. Gentleman makes. This was the question that faced the nation at the time of the referendum. If a country leaves a single market and customs union, there will of course be economic consequences, particularly when there is the free movement of people, but that is the decision the country took. Let’s look to the future, not the past. We could have this argument forever. We would have a situation where the business uncertainty created by never fundamentally comin
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I am getting the impression that you would like more brevity from the Front Bench, Madam Deputy Speaker, so I will just say that the skills packages will put more funding into courses, and the flexibilities required on those courses that matter, with more capital funding for technical excellence colleges, while ensuring that that is available to every part of the UK.
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I very much welcome that question. The Ministry of Defence has been a partner in the defence industrial strategy, which mirrors and is closely aligned with, as one would expect, the strategic defence review and the big increase in spending under this Government.
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I very much appreciate my hon. Friend’s question. She will see a whole range of tools in the place section that are available to both mayoral and non-mayoral areas, which will help to shape local economic plans. She will also see measures to attract inward investment and to strengthen its voice in all the regions, and a whole range of policies that speak directly to business. We are building on the tremendous history and expertise in her area; it will be good news across the board.
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
There are parts of the skills package that allow for short courses, more flexibility and more foundational apprenticeships, which I think speaks exactly to the challenge the hon. Gentleman puts. If he writes to me on any specific issues relating to the towns fund in his constituency, I will get those answers.
Mon 23 Jun
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Jonathan ReynoldsspeechLabour (Co-op)
UK Modern Industrial Strategy
I thoroughly welcome my right hon. Friend’s question and thank her for all her support for our determination to make sure we have the competitive automotive sector that we all want. She is right that the changes to the ZEV mandate are part of this. They were brought forward because of the pressing urgency—I was not happy with the situation that I inherited from the Conservative party. We closely review the level of consumer demand in the sector and are always willing to work with her and the tre
Mon 23 Jun