BB
647 MPs·389 Bills·£2.9T
Jonathan Reynolds

Jonathan Reynolds

Labour (Co-op)

MP for Stalybridge and Hyde · Since 2010

50
Votes
70
Speeches
125
Total Events

Speeches (70)

Date:
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Topical Questions

I am always keen to update the hon. Member and colleagues on the situation with British Steel. We have cancelled the redundancy consultation and removed the immediate risk to 2,700 jobs. We have taken on new apprentices and invested significantly in improving health and safety on the site. We have provided significant working capital—that does not take into account yet the future revenue that will come. I am sure he will have been pleased to see that Network Rail has awarded British Steel a cont

17 Jul 2025Hansard →
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Topical Questions

I can absolutely guarantee my hon. Friend that we will have that meeting. I appreciate the work that we have been able to do together, reacting to the media reports that initially surfaced. There is some clarity from the company, but not the full degree of clarity that we need. I will make sure that we get that meeting set up for him and his colleagues.

17 Jul 2025Hansard →
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Industrial Strategy: North Wales

I am delighted by the hugely positive response that the industrial strategy has received. It is a plan to lift every part of the country, making it easier and quicker to do business and to invest. For north Wales, with its formidable prowess in advanced manufacturing, it is a very significant set of proposals. The same is true for Wales as a whole, as I demonstrated on Monday at Port Talbot at the groundbreaking of the new electric arc furnace, which will get the enhanced supercharger discounted

17 Jul 2025Hansard →
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Industrial Strategy: North Wales

I thank my hon. Friend warmly for his question. I am excited about this. The strategic sites accelerator will prepare and accelerate sites for development by using Government tools, such as land acquisition, planning certainty and infrastructure support, to overcome existing barriers to investment on sites. It is designed to create jobs, to attract investment and to support our industrial and net zero priorities. It will work alongside other initiatives such as the connections accelerator servic

17 Jul 2025Hansard →
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Topical Questions

I can reassure my hon. Friend and all colleagues that those decisions will always be in the domain of this Government and this Parliament in the UK. There has been a lot of speculation, during the trade negotiations, about what may or may not be involved, but we have shown that we deliver on jobs, goods and services, and that is the basis of sound trade negotiations.

17 Jul 2025Hansard →
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Topical Questions

I very much agree with my hon. Friend. Nationalism is fundamentally a creed based on grievance, rather than real solutions, and that stands in contrast to our approach. There are specific instances where we could deliver billions of pounds of investment to Scotland if there was a change in policy from the Scottish Government, be it on new nuclear in places where Scotland could benefit from small modular reactors, or on the recent decision to pull support for the Rolls-Royce-led plan for a weldin

17 Jul 2025Hansard →
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Topical Questions

I am always grateful to the Chair of the Select Committee for his helpful and pragmatic work and engagement. I recognise the issue that he has highlighted. A lot of small businesses were locked into uncompetitive contracts after covid, and the legacy of that has been very difficult. Of course, we will always look at measures to address that. Fundamentally, we must break the link that means that gas sets the price of electricity in the UK. There are no shortcuts to that; we have to get enough cle

17 Jul 2025Hansard →
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Topical Questions

The shadow Secretary of State talks about vulnerable people. Which Government left one in eight young people not in education, employment or training, while net immigration hit 1 million? It was absolutely shameful, and we will take no lessons from Conservative Members. He talks about tackling barriers; who gave us the highest industrial energy prices in the developed world? The Conservative party. Who is dealing with that? Who has put millions into skills and training, finance, and the tools th

17 Jul 2025Hansard →
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Topical Questions

It is always nice to hear from the shadow Secretary of State. First, as he knows, the Office for National Statistics workforce survey shows that the overall number of jobs is higher after a year of this Government than it would have been if the Conservatives had remained in government—there are 380,000 additional jobs. He mentioned payroll jobs. Of course, they are important; they are one key factor, as is wages, which, as he knows, have risen faster in the first 10 months of this Government tha

17 Jul 2025Hansard →
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Topical Questions

This has been a year of real achievement for the Department for Business and Trade. From holding our record-breaking international investment summit, which saw £63 billion committed to the UK, to intervening decisively to save British Steel’s Scunthorpe site and all the shipyards at Harland and Wolff, we have safeguarded thousands of jobs. We have reformed the Competition and Markets Authority, changed the zero emission vehicle mandate, altered the remit of the Low Pay Commission and introduced

17 Jul 2025Hansard →
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Industrial Strategy: Cornwall

As we have heard, the industrial strategy is a plan to lift every part of the country, and it specifically recognises clean energy opportunities for offshore wind and nuclear in the great south-west. The strategy also highlights foundational industries relevant to its eight sectors’ supply chains, including spotlighting critical minerals clusters in Cornwall. It included the launch of a new UK Export Finance loan guarantee scheme for domestic suppliers selling critical minerals to UK exporters.

17 Jul 2025Hansard →
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Industrial Strategy: Teesside

My hon. Friend and his colleagues are incredible champions for bringing investment into the area, and I recognise and thank him for that support. He is right to say that some of the perhaps more traditional industries, though very exciting for the future, are not just the only story in his area. He has mentioned tech and the creative industries too, and I would say they are huge opportunities. Specifically, our investment in skills to make sure that there is a pipeline of talent in every part of

17 Jul 2025Hansard →
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Industrial Strategy: Teesside

My hon. Friend’s area is one of the most exciting investment locations in the world—in clean energy opportunities, carbon capture and storage, and offshore wind, but also in creative and digital investment, chemicals production and steel. Specific interventions for the Tees Valley include recommitting £160 million for its investment zone, enhanced support for the Teesside freeport for clean energy industries, and a lot of money for transport for city regions funding. Of particular interest to bu

17 Jul 2025Hansard →
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Industrial Strategy: Cornwall

I can give my hon. Friend that assurance. I was dismayed this morning to wake up and hear the Reform party actively arguing for less investment in Britain and telling businesses they should not invest in the UK. I find that absolutely absurd. There are a whole range of tools for local areas to shape their economies in the industrial strategy. Some relate to mayors, but many do not. It has the mix of tools that is required to unleash the potential of every part of the country, including his own.

17 Jul 2025Hansard →
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Industrial Strategy: Cornwall

First, let me say that, as someone who used to spend their family holidays in Cornwall, I must protest: I have had two questions from Cornish colleagues and not a single invite to visit Cornwall over the summer holidays. I really think that is unacceptable. The economic history of Cornwall is particularly interesting—I have had this discussion with my hon. Friend the Member for Camborne and Redruth (Perran Moon)—and I recognise some of the specific issues that the hon. Member for St Ives (Andrew

17 Jul 2025Hansard →
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UK Modern Industrial Strategy

Well, I think there is no comment I can make on that. I would say, first, that I imagine that that business has been doing very well in the last few days—anyone selling ice creams has probably seen a pretty solid demand for their products. The hon. Member makes a really good point, though; there is a lot of support for exporting, and businesses do not always know where to find it. The business growth service, which will be part of the small business plan, is an attempt by Government to bring tog

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I thank my hon. Friend for his question, which I greatly appreciate. Worcester plays a wonderful role in our economy, and it is great to hear about that level of local ambition from him and other local leaders. There are specific funds to support innovation: £500 million has been allocated for innovation, which will be split among areas up and down the country. The access to finance provisions will also apply to his constituency, whether that is the British Business Bank having more firepower an

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

Madam Deputy Speaker, my hon. Friend the Minister for Data Protection and Telecoms has just told me that it is £141 million, not £41 million, to put wi-fi on the trains. It has been quite an exciting day, but it is important that I put that on the record. Energy prices are one of the fundamental parts of the strategy. As I say, the supercharger can be put in place by the financial year 2026-27; the British industrial competitiveness scheme will have to follow a longer process, including a legisl

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I welcome my hon. Friend’s question, which speaks directly to the challenges we are facing. As well as the action on energy bills, we will make sure there is a priority service for businesses to get the grid connections they need—one of the biggest barriers to investment—along with investment in skills. Something that I am particularly excited about is that we are going to spend £41 million to make sure that there is decent wi-fi on every mainline train service by using the latest satellite tech

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I certainly would love to visit—I am happy to commit to that. I am surprised that my hon. Friend did not claim her constituency to be the birthplace of the industrial revolution, because I think a few colleagues have gone there, and she has a claim to it as well. Whether it is funding for lower energy costs, skills in the pipeline for young people, access to finance, a regulatory environment that fosters growth or expanding Made Smarter, which is a fantastic programme that we will have more of,

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

It is brilliant to hear from my hon. Friend; she has so much to be proud of in her constituency. I have visited Farnborough on several occasions, and it has a range of things that are directly represented in this strategy. I also thank her for being a huge ally on the work that we have done on access to finance for the defence sector, which has been an important message for us to send out about national security and the huge economic opportunities that rightly should come from the increase in de

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

It is very important that we show the British people that the added investment and huge increase in defence spending from this Government will see real economic benefits for them and opportunities for their families, as well as fulfilling the core function of national security. My hon. Friend mentions devolution. We have measures in the strategy for local areas, whether or not they have mayoral leads on innovation and mayoral growth funds, many of which build on the very successful work of Andy

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I will be frank with my hon. Friend’s constituents. In the past, Governments have produced documents that do not have much longevity but have a lot of analysis without necessarily having real measures behind them. That is why we have launched this strategy on energy, finance and skills, on the powers that local areas need and how those programmes will work consistently across Government. This is always about creating the conditions for the private sector to thrive in, but anyone looking at the b

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I am more than happy to tell my hon. Friend. We have breakdowns for every region going to every colleague; there is so much for each part of the UK that I could not possibly do it justice from the Dispatch Box. On his point about clean energy, there is so much money coming into the UK—and more in future—that it would be crazy to turn our backs on that. This is a major economic opportunity, as well as being about a safe, reliable, clean supply of energy for the UK, which is the basis of all econo

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 we have these opportunities for the kind of inward investment offers that we receive. My hon. Friend has a very exciting local proposition, and I am looking forward to wo

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I recognise that there are some regulatory issues that my hon. Friend was probably asking about, particularly in relation to the lead that the Department for Environment, Food and Rural Affairs would have on extended producer responsibility and some other aspects. I am always keen to work with colleagues across Government, and I will ensure that my hon. Friend gets the answers to his questions that he needs, but he is right to say that there are many opportunities for businesses—big and small—an

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

My hon. Friend raises some very important and serious questions. Universities play a huge role in innovation and are a vital part of the clusters we are creating, but in themselves, they are something of which we should be incredibly proud. We have a world-class university sector, and every parliamentarian should be prouder of that. I do not have time to go into the detail that I would like, but universities are at the heart of our approach to innovation and economic success across the UK.

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I thank my hon. Friend for her question. She has already heard me outline the eligibility, and the foundational role that ceramics plays in the strategy and the support it can receive. She is also right that we have committed to the energy-intensive industries compensation scheme review that the industry wanted. We should all recognise that the ceramics sector faces more challenges with decarbonisation than some other sectors, and we have to be a supportive partner in that, particularly by recog

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I always take a close interest in success stories from the north-east of England, and what my hon. Friend outlines is incredibly exciting. The high-tech SME cluster that he talks about will benefit in many ways from each of the sector plans, whether they are in advanced manufacturing, creative industries or defence. There are provisions on access to finance for them in this strategy and the dedication of resources from the defence budget, for instance, for that sector. Those businesses are set t

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

Derby has an incredible pedigree in engineering skills. I agree with the case that my hon. Friend has made so strongly. I have added some funding from my own Department to that from the Department for Education around engineering, because the shortages are so acute and the opportunities so great. These are great jobs, careers and lives for young people or anyone transferring into that sector, with more funding for the courses, more flexibility in the courses that can be run and more capacity in

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I think it was about a year ago when my hon. Friend and I were on the campaign trail in her constituency and visited businesses with the message that we would implement a strategy of this kind. I think that the Scottish economy, when mapped against our eight industrial strategy sectors, could be a description of Scottish success, and we should be excited about that. The ethylene cracker at Mossmorran is a very important facility. As my hon. Friend will know, high gas prices across Europe mean th

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I thoroughly thank my hon. Friend for her question and for all her work in her role in Parliament advocating for these issues. There is a huge amount in this strategy for the sectors that she outlines. I was very proud of the work that we did with Hitachi. On cars, it is about the tariffs, the Drive 35 programme, energy costs and the ZEV mandate, and we will make any changes that we need for a competitive position. This is fundamentally about what business needs, but it is also about better-payi

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

It is important for colleagues to understand that the modern industrial strategy published today provides a tool through which other non-economic Government Departments can filter their own policy decisions, in a way that is consistent and to the benefit of UK business. For instance, the Home Office will publish its exemptions to the more restrictive skilled worker visa in relation to what the sectors set out in the strategy need and, for the first time, decisions will be made through that lens.

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I appreciate the hon. Gentleman’s support and kind words. There is a great deal in the strategy that will benefit every part of the UK. He knows that I take my responsibilities for Northern Ireland very seriously, particularly given the complexities of trade policy, the Windsor agreement and how that has to work for the benefit of everyone in Northern Ireland. He will know that the UK has the lowest corporation tax of any G7 country, so it is quite an ask to reduce it still further. However, I u

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I thoroughly agree with my hon. Friend. It is brilliant to see her in Parliament as she has been a trailblazer on these issues, and I recognise the case that she has put forward extremely well. I recognise that this is a core economic priority for the United Kingdom, and it is great to see her as an advocate for that on the Government Benches.

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

That is a great question. I remember our conversations about critical minerals, Madam Deputy Speaker. They are a key enabler and they will be even more important in the future. My hon. Friend will know that some of the National Wealth Fund’s initial investments have been into different critical minerals businesses in his region, because of the importance of that part of the UK to this strategy. We need more international co-operation on critical minerals as well, but he should rest assured that

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

This industrial strategy seeks to deliver more inward investment. For example, Universal is making an incredible investment in Bedfordshire, where is seeks to deliver the biggest theme park in Europe, creating 8,000 jobs in hospitality. People should recognise that there is a direct relationship between what we are doing here, what we are trying to get more of and the kind of benefits that the hon. Gentleman talks about. We have set a target of 50 million visitors by 2030, so such issues are rep

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

Further education has had a difficult time over the past few years and we are starting to see the kind of investment that will make a difference. We need more business input into skills’ policy, which I think is the kind of work that my hon. Friend was talking about. I am more than happy to come up the road from Stalybridge to Rochdale one Friday, and we can have that conversation in person. There will be many bids from Greater Manchester for the capital that we are putting forward, and I look f

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 courses to which he refers, and I would expect Harrogate college to feel the benefits of that.

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 the NHS. Talks with industry are ongoing and we are trying to find a settlement, which I believe is possible. We should all recognise the economic benefits of the sector for his constituency, which he caref

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 money going to Port Talbot is much more than would be allocated to it by population share. That is because there are brilliant strengths in Wales that I want to support. In this strategy —whether ar

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 get the supercharger and that will get the more generous rate. But fundamentally, the costs of a lot of those businesses do not match the intensity test, which the supercharger is based on—a secto

23 Jun 2025Hansard →
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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.

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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.

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 Government that will allow us to do it. I would just say to the hon. Lady that when she condemns people who work in what she calls fossil fuel industries—[Interruption.] Well, perhaps “condemns” is too s

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 the skills interventions in the industrial strategy in order to do what the hon. Lady says. It is a significant funding package and a significant partnership with businesses, who are telling us th

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

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 I have said, with much greater financial capacity to work directly with fund managers focused on the scale-up part of the finance journey. I know how big a problem this is. There is a lot of capital in the world and we have got t

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I almost thought the hon. Gentleman welcomed part of the strategy there. That took me a little by surprise. Yes, we are going to take decisive actions to reduce the cost of industrial energy prices. As I said earlier, there are some things I can do quicker than others—the supercharger scheme can be made more generous in the short term—but others require a longer process. I will work as hard as I can to deliver that, but I hope he recognises that the core reason why we are such an outlier is our

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

I thank my hon. Friend for her question and for her championing of that sector, which is significant for her constituency. Part of the approach in the industrial strategy is to recognise eight sectors that are very important—those that have an analytical base—and focusing some attention on them, but it covers those foundational sectors as well. As she has said, other sectors would include steel, chemicals, critical minerals, composite materials, electricity networks, ports and construction. We n

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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.

23 Jun 2025Hansard →
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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.

23 Jun 2025Hansard →
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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.

23 Jun 2025Hansard →
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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.

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

With permission, I will make a statement on how this Government are backing British business and British workers through the launch of the UK’s modern industrial strategy. At the outset, I wish to thank Dame Clare Barclay, all members of the Industrial Strategy Advisory Council and my officials for their outstanding work in preparing for the launch of the strategy today. In an uncertain world, stability, clarity and consistency are needed more than ever. The challenges we face require nothing le

23 Jun 2025Hansard →
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UK Modern Industrial Strategy

So fuelled by optimism am I today that even the shadow Secretary of State cannot bring me down. Having been in opposition for some time, I can say that, “This document is all rubbish and I welcome most of it,” is quite an exciting take on a response. The Conservative party has managed to oppose almost everything that the Government have done in their first year, including, in my Department, the Product Regulation and Metrology Bill, which the previous Government were planning to introduce had th

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →
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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

23 Jun 2025Hansard →