Alan Strickland

Alan Strickland

Labour — Newton Aycliffe and Spennymoor

Speaking in the House of Commons on 23 June 2025

Debate

UK Modern Industrial Strategy

Contribution

I welcome this incredibly ambitious industrial strategy. I will ask specifically about our high-tech SMEs. At NETPark in Sedgefield, we have a cluster of more than 40 businesses making satellite components, medical imaging equipment and other high-tech products. However, as the Secretary of State knows, too often they struggle to get private finance, and they have struggled in the past to get Government innovation funding. How will this strategy really put the rocket boosters behind high-tech SMEs in regions such as the north-east?

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