North-east: Support for Businesses

17. What steps his Department is taking to support businesses in the north-east.

The Government are investing £1.4 billion, with the North East combined authority, to deliver our shared objectives of economic growth and business support. That includes the development of the local part of the industrial strategy, guiding investment to deliver sustainable economic growth, and delivering support to grow all businesses. In 2023-24, there was £420,000-worth of direct support given to the North East Growth Hub, which provides businesses across the area with practical advice and support to grow and thrive.

Yesterday saw full-throated Government support for projects across the UK, but not so much for the north-east. The region was decimated by 14 years of Tory Government, and that cannot be repeated. I accept what the Minister says about what has happened, but what will the Government do to ensure that businesses in my Blyth and Ashington constituency can play their part in the cutting-edge technologies of the future and, crucially, see improved investment, which will create much- needed jobs with good wages and terms and conditions?

I am at one with my hon. Friend in wanting all parts of the country, especially the north-west and the north-east, to have high-paid, well-skilled, good jobs, in tech sectors in particular, but also in other areas where we can see great advantage for the economy. The local skills improvement plan for the north-east will help, and the excellent facilities at Blyth’s Energy Central Learning Hub are supported by over £6 million of Government funding. That is already developing sector skills in a real-world port setting. With the reopening of the Northumberland line, we have reconnected towns in south-east Northumberland with Tyneside, improving links and opportunities across the area.