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Business, Energy and Industrial Strategy

03 March 2020

Lead MP

Seema Malhotra

Debate Type

General Debate

Tags

EconomyTaxationEmploymentClimateEnergyBusiness & TradeBenefits & Welfare
Other Contributors: 67

At a Glance

Seema Malhotra raised concerns about business, energy and industrial strategy in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
The hon. Seema Malhotra questioned the steps being taken to support UK-based low-carbon industries, specifically highlighting a significant drop in investment in solar power acquisitions from £1.6 billion in 2015 to just £0.3 billion in 2018 and queried why Germany, Italy, and Spain are investing more than six times more than the UK in low-carbon technologies.

Government Response

EconomyTaxationEmploymentClimateEnergyBusiness & TradeBenefits & Welfare
Government Response
The Secretary of State for Business, Energy and Industrial Strategy highlighted actions such as quadrupling renewable electricity generation since 2010, committing to significant funds behind the renewables sector, increasing R&D spending to 2.4% of GDP by 2027, exploring hydrogen's role in net-zero efforts with £121 million investment, and securing up to £1 billion for electric vehicle research and supply chains. We are creating additional postgraduate places for aerospace innovation, investing £2 billion in schemes to support energy-intensive industries decarbonise, working on UK REACH regulations and supporting British Steel with carbon capture technology. Discussed initiatives such as businesssupport.gov.uk, Innovate UK smart grants, tax credits, and programmes supported by the British Business Bank to support small businesses. Mentioned the £1 billion future high streets fund and a commitment to review business rates. Highlighted funding available for businesses affected by flooding including a business recovery grant of up to £2,500 per severely impacted business. Acknowledged the need for further action on carbon budgets, highlighted successful decarbonisation in key sectors. Reiterated commitment to achieving net zero by 2050 and confirmed £4.8 million support for CCUS project based in north-east Scotland. Responded comprehensively to questions regarding statutory sick pay, financial protections for employees, gigafactories in the West Midlands, women’s entrepreneurship initiatives, levelling up through R&D spending, and other issues.
Assessment & feedback
Summary accuracy

About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.