Sureena Brackenridge

Sureena Brackenridge

Labour — Wolverhampton North East

Speaking in the House of Commons on 24 February 2025

Debate

Crown Estate Bill [Lords]

Contribution

The Bill is not just about numbers on a spreadsheet. Ultimately, for my constituents, it is about jobs, opportunities and a better future for places like Wolverhampton North East. Right now, the Crown Estate is held back by outdated rules that limit its ability to invest. It is forced to sell assets just to raise capital. That is not sustainable, and it is stopping us from reaching our full potential. The Bill changes the game, giving the Crown Estate the power to borrow, invest and back long-term projects that deliver real benefits for our communities. Wolverhampton North East is ready to seize those opportunities. With our forthcoming green innovation corridor, world-class manufacturing industry and skilled workforce known for its true graft, we are perfectly placed to drive the UK’s green economy. The Bill means more funding for renewable energy, more investment in advanced manufacturing and more demand for the products we make in Wolverhampton and Willenhall. More investment means more jobs, more apprenticeships and more chances for young people to get the skills they need to build a career in the industries of the future, whether in engineering, fabrication or high-tech manufacturing. The Bill will help us to build more, make more and sell more in Wolverhampton and Willenhall, right in the heart of the Black Country. The unprecedented £60 billion partnership between Great British Energy and the Crown Estate will supercharge offshore wind development, creating huge opportunities for our local businesses. This is not just about turbines on land or at sea—we know that Wolverhampton and Willenhall are not geographically suitable for offshore wind—but about the supply chains, the manufacturing and the innovation that we can drive in towns and cities like Wolverhampton and Willenhall.

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