Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: The hon. Gentleman is absolutely right about the importance of long-term relationships. I have said that I cannot make an appraisal of that particular bid, since I have a decision to make, but it is on the record that I requested and obtained commitments from the bidder to investment in research and development, and indeed to the continued ownership of that aerospace business. I hope he will...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: The hon. Gentleman knows Teesside very well. One of the things he would welcome is that in recent years the long-standing disparity, going back decades, between constituencies like his and others in the country has narrowed. There is a real sense of progress and achievement on Teesside that I experience every time I go up there; I was up there a couple of weeks ago. However, he is absolutely...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: The overall population of the UK is growing, as the hon. Gentleman knows. It is important that our immigration system is set in a sensible way that recognises the needs of the economy and the needs of our society, and that is the approach being taken. I talked about grand challenges. Let me turn to another important aspect of the industrial strategy, which is, candidly, to address areas of...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: The hon. Gentleman knows that I have a quasi-judicial role to exercise in response to certain takeovers, so I cannot comment on that particular case. I would say, however, that in technologies such as automotive and aerospace, there is a high degree of interest and, indeed, optimism, about the future capabilities of companies right across those sectors and their supply chains. I mentioned...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: I beg to move, That this House has considered the Industrial Strategy. It is a great pleasure to open this debate. We are at one of the most important, exciting and challenging times in the history of global enterprise. All around the world, new technologies are transforming the way in which we live our lives as citizens, how we work, and the products and services that we consume and supply....

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: I do indeed. In using that expression, as I think was evident from the context, I was praising the contribution that has been made from all parts of the United Kingdom. I am looking forward to being in Edinburgh tomorrow to give evidence on the industrial strategy to the Scottish Parliament. The work that we have done with the Government in Scotland has been very important. We had a very...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: My hon. Friend is absolutely right. It is sometimes not known and cannot be seen what modern manufacturing is about. I had the great privilege and pleasure of visiting the Big Bang Fair at the National Exhibition Centre in Birmingham a few weeks ago, which does precisely what he advises. The excitement among the young people there, seeing the possibilities available, was palpable. It does a...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: I am coming on to talk about that, but I will say now that one of the major breakthroughs in the industrial strategy is to recognise the utmost importance of investment in research and development, not only on the part of the private sector but on the public sector side as well. All around the world, advanced nations are investing in the future through R&D, and we have in the industrial...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: We are getting better at it. Most colleagues will have experience of their local universities and others, and most research universities have active programmes to spin out discoveries and reap the benefits. Again, through the industrial strategy challenge fund, funding is available on a match basis to universities to pursue that implementation of good ideas. My hon. Friend is absolutely...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: The right hon. Gentleman makes an excellent point. First, in terms of what was achieved before, he is right to recognise that we are building on what have been successes. Successful arrangements that have been put in place in the process industries, for example, are recognised and built on in the strategy. It is very important that we have a long-term approach. He is absolutely right; this is...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: That is very important. One of the commitments in the industrial strategy is to increase the number of visas and studentships for international researchers coming to work in the UK. Nobel prizes were mentioned earlier. I had the privilege, when I was Science Minister, to go the Nobel prize ceremony. What is notable is not just that a lot of Brits receive these awards, but that most Nobel...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: I will, then I will make progress.

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: It is not a question of admitting to it—I want to boast of it. When I talk about our strengths and talents, those are the strengths of the people of the United Kingdom as workers, researchers and leaders of local economies. The prosperity of our economy is founded on our workforce. The hon. Lady is absolutely right to emphasise the importance of investment in people. I have mentioned...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: I would not read too much into that. The defence industrial strategy is a very important part of our overall strategy. There are many references to industries—I mentioned aerospace—in which the innovation that comes from defence work can have important spillovers for the wider economy. We recognise that across the world, that tends to be the case. The defence sector is very...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: I would incur your displeasure, Madam Deputy Speaker, if I went into the European negotiations. Suffice it to say that if the hon. Gentleman reads the Prime Minister’s Mansion House speech, he will see a reference to chemicals. We take the advice of the Chemical Industries Association, which I meet regularly, into those negotiations so that we can continue to trade successfully in that...

Laser Misuse (Vehicles) Bill [Lords] (Programme): Industrial Strategy (18 Apr 2018)
Greg Clark: As the hon. Gentleman knows—the industrial strategy is clear about it—we benefit from the contribution of workers, scientists and engineers from all over the world. There is no successful future for an economy that does not engage with the world. That means that we should be open to talent from around the world. We need to make sure, as every responsible nation does, that we have...

Written Ministerial Statements — Department for Business, Energy and Industrial Strategy: Industrial Strategy (28 Mar 2018)
Greg Clark: As part of the Industrial Strategy, the Government committed to making the most of the UK’s strengths so we can be at the forefront of emerging technologies and industries in the years ahead. The creative industries, from film to fashion, and from arts to video games, are an undoubted strength of our economy; indeed, they are at the heart of the nation’s competitive advantage. It...

GKN: Proposed Takeover by Melrose (27 Mar 2018)
Greg Clark: It is important that we recognise the benefits and valued presence of GKN in many parts of the country. It is a pivotal UK engineering firm, with a long heritage. The commitment that I obtained from Melrose was for that to continue, and that is what it has set out, but it is for shareholders to judge the decisions that the future management may make.

GKN: Proposed Takeover by Melrose (27 Mar 2018)
Greg Clark: Everyone in this House, on both sides of the Chamber, agrees that GKN is a very important company that is crucial to vital R&D work and employs thousands of people across the country. That is why I consider it important, over and above my statutory powers—I have explained very clearly that this is without prejudice to the use of those powers—to encourage the bidder to set out...

GKN: Proposed Takeover by Melrose (27 Mar 2018)
Greg Clark: I have set out in terms in my letter to Melrose and in my statement that, in many respects, the model of short-term ownership—especially for assets connected with defence purposes, in which long-term relationships are important—is in tension with the model of these industries. That is why I set that out, outside the statutory determination that I have to make. I suggested that the...


Latest posts

23 MAR 2018

Greg meets hospital volunteers

During a visit to Tunbridge Wells Hospital, Greg said hello to a group of League of Friends...


09 MAR 2018

Greg joins Arriva to launch updated bus network and new routes

Greg, along with local councillors, visited the new Arriva depot in Tunbridge Wells to launch the...


09 MAR 2018

Greg meets local apprentices during National Apprenticeship Week

Greg met two Arriva apprentices at its new bus depot in Tunbridge Wells during National...


09 MAR 2018

Greg welcomes opening of new pedestrian crossing in Major York's Road

Greg visited the new pedestrian crossing in Major York's Road. Greg said: "Major York's Road...