PARLIAMENTARY DEBATE
Innovation in the Black Country - 20 November 2024 (Commons/Commons Chamber)
Debate Detail
Contributions from Feryal Clark, are highlighted with a yellow border.
Alex Ballinger
Halesowen
11:43:35
Feryal Clark
The Parliamentary Under-Secretary of State for Science, Innovation and Technology
We want to boost investment in innovation and enable people in all regions of the UK to benefit from an innovation-led economy. That is why the spending review supports the UK’s research and development ambition, with total Government investment in R&D rising to a record £20.4 billion in 2025-26. That allows us to extend innovation accelerators for another year, which will continue to bolster the west midlands’ high-potential innovation clusters, fund the Midlands Industrial Ceramics Group through the Strength in Places fund, and support the region’s investment zone.
Alex Ballinger
Last month, alongside Richard Parker, the Mayor of the West Midlands, I was lucky enough to join Halesowen college as it opened its new digital and media campus at Trinity Point. Does the Minister agree that excellent institutions such as this are fundamental to supporting innovation across our region, and would she be so kind as to visit us at some point in the near future?
Feryal Clark
I agree with my hon. Friend that educational institutes are crucial to innovation. Halesowen college is one of five colleges across the region using the further education and innovation fund to support innovation and technical excellence within the local community. Such facilities and expertise will help businesses to develop a workforce with skills and take advantage of that. I would be delighted to visit the Trinity Point college if the opportunity arises.
Mr Speaker
I call the Liberal Democrat spokesperson.
Victoria Collins
Harpenden and Berkhamsted
Increasing levels of innovation across the UK are crucial to unlocking growth and solving some of our biggest problems. That is why I was worried to read about the Secretary of State saying that we have to apply “a sense of statecraft” to working with multinational tech companies. Does the Minister agree that what we should be doing is working with such companies as companies, not states, focusing on increasing healthy competition and supporting innovative UK businesses so that they are not left with the choice of being bought up or leaving the UK?
Feryal Clark
As I have said, increasing productivity right across the UK is fundamental to our mission to kick-start economic growth. Through our industrial strategy and the development of local growth plans, we will build on local strengths to ensure that public and private research and development businesses right across the UK help local places to reach their potential. We are strengthening the relationships with businesses to deliver for British people.
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