Commons Sense

House of Commons · Ministers' Questions

Business Investment

Tuesday 27 April 2021 · 1 question

Summarised by AI from the official record, so it can contain mistakes.

At a glance

Answered 1 Partly answered 0 Not answered 0

Key points

  • Marcus Fysh thanked the Treasury team for the support and investment incentives provided over the past year.
  • The Treasury acknowledged the advice and support from Marcus Fysh in developing policies to help businesses.
  • The defence review focuses on local prosperity, highlighting opportunities for better procurement.

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Questions & Answers

Context

The MP thanks the Treasury team for support packages and expresses appreciation for a focus on local prosperity in procurement decisions. He seeks to ensure Leonardo and its supply chain can benefit from this approach.

Question

I thank my right hon. Friend and the whole Treasury team for the extensive package of support and investment incentives over the past year; I know that businesses and employees in Yeovil are incredibly grateful for that. There is a very welcome focus in the defence review on local prosperity in procurement decisions. Will he work with me to ensure that Leonardo and our wonderful local supply chain for the helicopter industry can take full advantage of that into the future?

Answer from Rishi Sunak

I thank my hon. Friend for all the advice and support he has provided for me and the team over the past year as we have sought to develop policies that will help businesses, including Leonardo in his constituency, which I know he champions. He is right to highlight the opportunities of better procurement, particularly for our defence supply chain, and I look forward to working with him and colleagues to ensure that we can support his local businesses and many others across the United Kingdom.

Answered
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