Written Ministerial Statements — Department for Business, Energy and Industrial Strategy: Business Investment Update (24 Jul 2018)
Greg Clark: The Government is today publishing a White Paper: “National Security and Investment”. It sets out the Government’s plans to upgrade its powers to scrutinise investments and other acquisitions on national security grounds. These proposals deliver on the commitment made by the Government in the 2017 Queen’s Speech to bring forward reforms to “ensure that critical...

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: Eight months ago I told the House that the aim of our industrial strategy was to create prosperous communities throughout the country, and since our last questions session we have implemented that strategy across the United Kingdom. Last month, at the international business festival in Liverpool, we announced £1.3 billion of investment in the next generation of research and innovation...

Business, Energy and Industrial Strategy: Offshore Wind Sector (17 Jul 2018)
Greg Clark: Offshore wind has been a fantastic UK success story. Costs have halved and jobs have been created. In my hon. Friend’s constituency, the port of Lowestoft has been a construction base for the Galloper project. It will shortly become the base for East Anglia ONE’s 25-year operations and maintenance work. We want to build on that success. Our clean growth strategy said that we could...

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: I am grateful to my hon. Friend for his question, and I am sorry that I was unable to be in Grimsby. I could not be in Newcastle and Grimsby on the same morning, but that does not remove my commitment to visit Cleethorpes and Grimsby, and perhaps the free port proposal is one of the things that we could discuss when I do so.

Business, Energy and Industrial Strategy: Offshore Wind Sector (17 Jul 2018)
Greg Clark: My hon. Friend makes an excellent point. I hope that the event later in the week goes well; I am sure it will. He is absolutely right that part of the industrial strategy, in particular the local industrial strategies, is to make sure that the benefits of these investments are available to the local workforce, and I know that he will work very closely with new Anglia local enterprise...

Business, Energy and Industrial Strategy: Offshore Wind Sector (17 Jul 2018)
Greg Clark: We are very clear in our support for that in the clean growth strategy and, as the hon. Lady can see, in the level of investment that is being made right across the country. It was very clear in the White Paper that followed the Chequers meeting that we had made a commitment to the highest of environmental standards.

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: I think most people in this country want to have an agreement that means that we do not have checks and bureaucracy at the border and that we can continue the success of our businesses. Part of the negotiation that will take place during the summer is to make sure we can deliver that, and I am sure most Members of this House wish the Prime Minister success in that.

Business, Energy and Industrial Strategy: Facilitated Customs Arrangement (17 Jul 2018)
Greg Clark: The proposed arrangement is a significant advance on the Mansion House speech. Instead of just minimising frictions at the border, it provides for zero frictions. That has been welcomed by businesses generally, including, at the Farnborough air show yesterday, Boeing, which is of course an important investor in the hon. Lady’s city.

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: My hon. Friend knows that I am a great champion of devolution and decentralisation, and he makes an intriguing suggestion, which I would be very happy to take up in discussions with him.

Business, Energy and Industrial Strategy: Offshore Wind Sector (17 Jul 2018)
Greg Clark: The hon. Gentleman makes an excellent point. There is the opportunity, through the auctions that have been so successful, for expansions to come forward and be proposed, but he should also be aware that, given the leadership that we have in this area, we are also leading in replacing blades and turbines when they come to the ends of their life. That is a very important source of jobs that...

Business, Energy and Industrial Strategy: Offshore Wind Sector (17 Jul 2018)
Greg Clark: It is always necessary to have a diverse source of energy supplies, and nuclear has made and does make a big contribution to that: about 20% of our current electricity comes from nuclear. That is very important for households and businesses, including in Scotland. Every new project has to be assessed as value for money for the taxpayer and consumers and that will continue to be a criterion...

Business, Energy and Industrial Strategy: Facilitated Customs Arrangement (17 Jul 2018)
Greg Clark: We are very clear about the fact that, as has been recognised by businesses up and down the country, the proposal provides for zero frictions at the border. That is very important for advanced manufacturing, which is itself very important in the city that the hon. Lady represents.

Business, Energy and Industrial Strategy: Leaving the EU: Services Sector (17 Jul 2018)
Greg Clark: The Government are seeking a comprehensive deal on services that will continue to allow our thriving services sector to trade with the rest of the EU, including, for example, through the mutual recognition of professional qualifications and a new economic and regulatory arrangement on financial services.

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: A big part of the White Paper is the commitment to a common rule book. Our sophisticated supply chains allow goods to be sold throughout the European Union, and businesses have made it clear that they want to continue to do that after Brexit, which is why they have welcomed the White Paper so warmly.

Business, Energy and Industrial Strategy: Leaving the EU: Services Sector (17 Jul 2018)
Greg Clark: I and our colleagues in the Treasury have constant discussions with the services sector. It is important that our distinctive financial services sector not be subject to a set of rules in the future that might be very much against its interests. Everyone who knows the City needs to recognise that the flexibility and distinctiveness of our approach must continue.

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: We have been very clear in commissioning the Matthew Taylor report; we have been in advance of any other country in the world in looking to make sure that as the economy changes we preserve the protections we have always insisted on for workers, and the hon. Lady should welcome that.

Business, Energy and Industrial Strategy: Leaving the EU: Services Sector (17 Jul 2018)
Greg Clark: The hon. Lady is absolutely right. Those businesses did speak out. Since the publication of the White Paper, they have also recognised that the zero-friction proposal made in it merits support and they have committed to advocating for it across the rest of the EU, as I hope that she will.

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: I pay tribute to the hon. Lady and other Members who have worked closely with the development corporation. The discussions have been very positive. They have not concluded yet, but I think everyone recognises that there has been great progress and that there is a very good future for that site.

Business, Energy and Industrial Strategy: Leaving the EU: Services Sector (17 Jul 2018)
Greg Clark: The hon. Lady is wrong. All the organisations she mentioned have given the White Paper and the Chequers proposals a warm welcome. In the Prime Minister’s Mansion House speech, we committed to minimising frictions at the border. The proposal now is to have zero friction at the border. That is strongly in the interests of business and allows our successful supply chains to continue to...

Business, Energy and Industrial Strategy: Topical Questions (17 Jul 2018)
Greg Clark: I am always delighted to go to Yorkshire and to meet industries, including the textiles industry. I hope that the hon. Gentleman will join me so that we can go through the proposals in the White Paper, and the entrepreneurs will see that they will be able to continue to trade free of frictions.


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