Part of the debate – in the House of Commons am 11:10 am ar 26 Gorffennaf 2024.
It is a great pleasure to see you in the Chair, Madam Deputy Speaker, and I wish you all the very best in your new role. It is great to be asked to speak first, so thank you—it is a total shock!
It is an honour to speak in this debate as the Member of Parliament for Newcastle upon Tyne East and Wallsend, as we have a thriving offshore sector along the Tyne. To use the words of the Secretary of State, it is time for Britain to build things again, and my constituency is open for business. The UK has a lot to be proud of in its service sector, but it is a catastrophic error to have let manufacturing in this country decline. To cite the title of a report by the Institute for Public Policy Research, manufacturing matters. The conversation around manufacturing and services in this country is often binary—it is one or the other—but the reality for other countries is far from that. Importantly, the IPPR report points out that while we have lost over one third of our manufacturing strength since the 1990s,
“Countries like the US and France, which are similarly services-focussed, have maintained their manufacturing strengths at 1990s levels…Productivity growth in manufacturing was five times higher than in services between 1997 and 2021”.
High productivity means higher wages in good, well-paid jobs—jobs that I want to see in Newcastle upon Tyne East and Wallsend and which match the aspirations of my constituents.