Jonathan Reynolds

Jonathan Reynolds

Labour (Co-op) — Stalybridge and Hyde

Speaking in the House of Commons on 3 April 2025

Debate

UK-US Trade and Tariffs

Contribution

I thank my hon. Friend for his support. He has some tremendous businesses based in his area, and it is great having him here as a champion for them. In terms of the automotive sector, it is about the regulatory environment, which we have discussed, and it is about the funding that we make available for co-investment with the private sector, which is always a priority, and £2 billion was allocated for that in the Budget. We have to accelerate and improve our electric vehicle charging infrastructure, and there was £300 million for that in the Budget. The pressures on the automotive sector across Europe are fierce—that is widely recognised—with changes in consumer demand and much more competition from China coming into the market. We have to be serious about making sure that the UK is the place to be a producer of automotive vehicles. My personal commitment to that is very strong.

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