Urgent question on the publication on Friday of the Airbus Brexit risk assessment report and its implications for future investment and job security in the UK.

Urgent question on the publication on Friday of the Airbus Brexit risk assessment report and its implications for future investment and job security in the UK.

The aerospace sector is one of the UK’s greatest manufacturing strengths. Directly and through its supply chains, it employs in the UK around 300,000 people in high-skilled jobs, with an average salary of £41,000—that is 43% above the national average. Of the sector’s £33 billion turnover, some 90% is accounted...

The aerospace sector is one of the UK’s greatest manufacturing strengths. Directly and through its supply chains, it employs in the UK around 300,000 people in high-skilled jobs, with an average salary of £41,000—that is 43% above the national average. Of the sector’s £33 billion turnover, some 90% is accounted...

I recognise that the hon. Gentleman has more than 6,500 people employed in his constituency in good jobs, and many more in the supply chain. Members from all parts of the House have constituents whose prosperous careers and excellent opportunities come from working in this important sector. Let us be...

I recognise that the hon. Gentleman has more than 6,500 people employed in his constituency in good jobs, and many more in the supply chain. Members from all parts of the House have constituents whose prosperous careers and excellent opportunities come from working in this important sector. Let us be...

It is imperative that we do not do that. I am actually more optimistic than my right hon. and learned Friend about the prospects of a deal that will avoid that. Part of what this company and others have said is that it is strongly in the mutual interest of...

It is imperative that we do not do that. I am actually more optimistic than my right hon. and learned Friend about the prospects of a deal that will avoid that. Part of what this company and others have said is that it is strongly in the mutual interest of...

We listen to the voice of business—large and small, across the country. Let us reflect on the months past. The hon. Lady knows that, around a year ago, business—again, large and small, across the country—said how important it was to have an implementation period. That proposal was put forward, adopted...

We listen to the voice of business—large and small, across the country. Let us reflect on the months past. The hon. Lady knows that, around a year ago, business—again, large and small, across the country—said how important it was to have an implementation period. That proposal was put forward, adopted...

My right hon. Friend is right. I hope that he would acknowledge that my Department and this Government are energetic in promoting the advantages of locating in Britain, and not just at the new facility in Goole—I had the great privilege of opening the Siemens blade factory in Hull, employing...

My right hon. Friend is right. I hope that he would acknowledge that my Department and this Government are energetic in promoting the advantages of locating in Britain, and not just at the new facility in Goole—I had the great privilege of opening the Siemens blade factory in Hull, employing...

The hon. Gentleman talks about the impact of Brexit. It may have escaped his attention that we are negotiating the terms of our future economic partnership with the rest of the EU. The representations that have been made by Airbus—as I say, directed at the UK but also other at...

The hon. Gentleman talks about the impact of Brexit. It may have escaped his attention that we are negotiating the terms of our future economic partnership with the rest of the EU. The representations that have been made by Airbus—as I say, directed at the UK but also other at...

I want Britain to be the best place in the world to produce advanced manufacturing products, and that means we should be tenacious in looking at every way to make the supply chain competitive. Given that our parts go backwards and forwards between the UK and the continent, if we...

I want Britain to be the best place in the world to produce advanced manufacturing products, and that means we should be tenacious in looking at every way to make the supply chain competitive. Given that our parts go backwards and forwards between the UK and the continent, if we...

I disagree with the right hon. Gentleman. On the first point, we are an open economy. Businesses that employ people here are perfectly free to speak out and have a right to do so. It is incumbent on the Government to listen to what they say and factor that into...

I disagree with the right hon. Gentleman. On the first point, we are an open economy. Businesses that employ people here are perfectly free to speak out and have a right to do so. It is incumbent on the Government to listen to what they say and factor that into...

The answer to my right hon. Friend is: yes, and yes.

The answer to my right hon. Friend is: yes, and yes.

If the right hon. Gentleman had read what Airbus said, on which my right hon. Friend was commenting, he would know that it gave a forensic analysis of its requirements when it comes to imports and exports. The import of that was that it needs to avoid frictions and tariffs,...

If the right hon. Gentleman had read what Airbus said, on which my right hon. Friend was commenting, he would know that it gave a forensic analysis of its requirements when it comes to imports and exports. The import of that was that it needs to avoid frictions and tariffs,...

The aerospace sector includes various components that do attract tariffs, and it is very important that we should have zero tariffs on all such components.

The aerospace sector includes various components that do attract tariffs, and it is very important that we should have zero tariffs on all such components.

The supply chain of Airbus and indeed of every company in the sector is pervasive right across the UK, and many employers—small and large—across many of our constituencies contribute to it. The hon. Lady asks about the impact of leaving the single market. The purpose of the negotiations in the...

The supply chain of Airbus and indeed of every company in the sector is pervasive right across the UK, and many employers—small and large—across many of our constituencies contribute to it. The hon. Lady asks about the impact of leaving the single market. The purpose of the negotiations in the...

My right hon. Friend is right that any negotiation of course involves give and take. That is true on both sides, and it is important to remember that these observations have been addressed to the European Union as well as to the UK. My right hon. Friend talks about the...

My right hon. Friend is right that any negotiation of course involves give and take. That is true on both sides, and it is important to remember that these observations have been addressed to the European Union as well as to the UK. My right hon. Friend talks about the...

I think the hon. Gentleman would be more productive if he engaged with the substance of the negotiation. We are leaving the European Union, and what is required is to reach an agreement that avoids

frictions and tariffs. It is perfectly possible to agree such an accord with the European...

I think the hon. Gentleman would be more productive if he engaged with the substance of the negotiation. We are leaving the European Union, and what is required is to reach an agreement that avoids

frictions and tariffs. It is perfectly possible to agree such an accord with the European...

My hon. Friend is right in alluding to the fact that an aeroplane, which is what we are talking about, is a combination of products from different countries. They need to come together—this is inherently international—so to have standards for wings that are different from standards for engines and parts...

My hon. Friend is right in alluding to the fact that an aeroplane, which is what we are talking about, is a combination of products from different countries. They need to come together—this is inherently international—so to have standards for wings that are different from standards for engines and parts...

I have said very clearly, as I hope the hon. Gentleman would acknowledge, that it is entirely reasonable for any firm that employs people and pays taxes in this country to contribute its expertise and experience to the discussions that we are having.

I have said very clearly, as I hope the hon. Gentleman would acknowledge, that it is entirely reasonable for any firm that employs people and pays taxes in this country to contribute its expertise and experience to the discussions that we are having.

One of the things that Airbus has set out is what it regards, correctly in my view, as the serious consequences for it of a Brexit without an agreement. It is in all our interests, on both sides of the channel, to have an agreement that avoids that. My right...

One of the things that Airbus has set out is what it regards, correctly in my view, as the serious consequences for it of a Brexit without an agreement. It is in all our interests, on both sides of the channel, to have an agreement that avoids that. My right...

The hon. Gentleman should be more constructive. Given that the whole country—the United Kingdom—voted to leave the European Union, we should be engaged in making sure that we have the best deal possible. I talk regularly with colleagues in Wales about what is required in the terms of that agreement....

The hon. Gentleman should be more constructive. Given that the whole country—the United Kingdom—voted to leave the European Union, we should be engaged in making sure that we have the best deal possible. I talk regularly with colleagues in Wales about what is required in the terms of that agreement....

I disagree with my hon. Friend. I think that the company has set out what it requires to be agreed in the negotiations so that it can continue to prosper. It is true that the company, like most companies in the aerospace sector, has been part of a successful investment...

I disagree with my hon. Friend. I think that the company has set out what it requires to be agreed in the negotiations so that it can continue to prosper. It is true that the company, like most companies in the aerospace sector, has been part of a successful investment...