Luke Pollard

Luke Pollard

Labour (Co-op) — Plymouth Sutton and Devonport

Speaking in the House of Commons on 8 September 2025

Debate

Defence Industrial Strategy

Contribution

First, I thank my hon. Friend for the work he has been doing on how we open up finance to small businesses in particular and how we deal with some of the policies that restrict access to finance for those firms that work in defence. He is absolutely right that internationally we are seeing more of those nations that sometimes oppose our values come together, but we need to make sure we are innovating with our finance and that SMEs have access to capital. That is one reason why we are seeking to create a more predictable pipeline of acquisitions that enables businesses, especially small businesses, to borrow to invest.

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