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1000234

registered interest
date	02/11/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate his Department has made of the number of manufacturing companies that have (a) shortened their supply chains and (b) relocated their production to the UK from abroad in each of the last five years for which data is available.
tabling member constituency	Birkenhead
tabling member printed	Frank Field
uin	187311
answer	answer is ministerial correction date of answer 12/11/2018 answer text <p>No such estimates are available from official sources. Our ambitious Industrial Strategy comprises policies to build an economy fit for the future, helping to foster a competitive environment where businesses can have the confidence to invest in UK manufacturing and thrive.</p><p> </p><p>Around 20% of the 2,072 new inward FDI projects in 2017/18 were in the areas of advanced manufacturing and life sciences. Across the Automotive, Aerospace, and the Advanced Engineering Supply Chain over the same period, DIT supported 320 inward investments into the UK, creating or securing 7,500 jobs in the UK.</p><p> </p> answering member constituency Watford answering member printed Richard Harrington question first answered 12/11/2018 17:28:04 answering member 4068 label Biography information for Lord Harrington of Watford
tabling member	478 label Biography information for Lord Field of Birkenhead

788685

registered interest
date	13/11/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 9 November 2017 to Question 110714, on the Manufacturing Technologies Association, what representations he has received from the Manufacturing Technologies Association on support for manufacturing businesses after the UK leaves the EU.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	112734
answer	answer is ministerial correction date of answer 20/11/2017 answer text <p>The Manufacturing Technology Association (MTA) has made regular representations to the Department on a range of issues of importance to the sector, including the implications of EU exit for MTA member companies.</p><p> </p><p>As we continue to engage with MTA and industry more widely, we remain committed to making the UK the best place in Europe to own and grow a business after the UK leaves the EU.</p><p> </p><p>That includes supporting those businesses that trade with the EU and wider international markets, as well as continuing to encourage record foreign direct investment that supports business and communities up and down the country.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 20/11/2017 14:48:43 answering member 3974 label Biography information for Claire Perry
tabling member	4061 label Biography information for Bill Esterson

771664

registered interest
date	16/10/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the implications for the future of the UK manufacturing sector of the most recent foreign direct investment figures published by the Office for National Statistics.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	107946
answer	answer is ministerial correction date of answer 24/10/2017 answer text <p>Manufacturing makes a significant contribution to the UK economy accounting for 10% of GVA (£177bn) and 49% of exports (£270bn). Exports of goods to the BRICS group of countries have more than doubled to £29bn since 2007 when this figure was £12.8bn. Manufacturing output in the UK increased by 0.4% from July to August 2017 and by 2.8% over the year from August 2016 to August 2017.</p><p>It may be helpful to point out that foreign direct investment (FDI) flow data can be very volatile, influenced by a small number of large value mergers and acquisitions. For example, the strong rise in the value of outward FDI in 2017 Second Quarter can largely be attributed to one exceptionally high-value transaction: Reckitt Benckiser Group Plc of the UK who acquired Mead Johnson Nutrition Company of the USA<sup><sup>[1]</sup></sup>.</p><p>We are ensuring that the UK is an attractive place to start, maintain and grow a manufacturing business:</p><ul><li><strong>Corporation tax</strong> will be cut to 19% in 2017 and 17% in 2020 – the lowest rate in the G20. This will benefit over a million businesses both large and small.</li><li>At Budget 2016 we announced the biggest ever cut in <strong>business rates</strong> in England worth £6.7bn over 5 years, meaning 600,000 of the smallest businesses won’t have to pay business rates again.</li><li>An increase in the permanent level of the <strong>Annual Investment Allowance</strong> from £25,000 to £200,000 from 1 January 2016. This will be maintained for the rest of the Parliament, providing certainty and incentivising investment in plant and machinery. 85% of the value of AIA will go to SMEs.</li><li>100% first year capital allowances in <strong>enterprise zones</strong> extended for three years to 31 March 2020.</li></ul><p> </p><p>[1] <a href="http://www.meadjohnson.com/news/press-releases/mead-johnson-nutrition-merger-reckitt-benckiser-completed" target="_blank">http://www.meadjohnson.com/news/press-releases/mead-johnson-nutrition-merger-reckitt-benckiser-completed</a></p> answering member constituency Devizes answering member printed Claire Perry question first answered 24/10/2017 12:08:46 answering member 3974 label Biography information for Claire Perry
tabling member	4061 label Biography information for Bill Esterson

628096

registered interest
date	03/11/2016
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will estimate (a) the value to the economy of the carbon fibre industry and (b) how many people the carbon fibre industry employs; and if he will make a statement.
tabling member constituency	Shipley
tabling member printed	Philip Davies
uin	51749
answer	answer is ministerial correction date of answer 14/11/2016 answer text <p>Government statistics are not collected at a sufficiently detailed level to estimate the value to the economy of specific materials such as carbon fibre. However the UK composites product market, which includes carbon fibre, glass and aramid reinforced plastics, is estimated to be worth £2.3bn currently, and is seeing significant growth.<sup><sup>[i]</sup></sup> The UK has considerable strengths already in the development of composite materials arising from their use in our aerospace industry as well as Formula 1, and we have world-class research and development facilities at centres such as the National Composites Centre (part of our High Value Manufacturing Catapult).</p><p> </p><p>[i] UKTI commissioned study on fibre-reinforced polymer composite materials, National Composites Centre</p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 14/11/2016 11:44:24 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	1565 label Biography information for Sir Philip Davies