Chris Bryant

Chris Bryant

Labour — Rhondda and Ogmore

Speaking in the House of Commons on 23 February 2026

Debate

Industry and Exports (Financial Assistance) Bill

Contribution

If the hon. and learned Member will allow me, I will respond to the points that were made by him and the hon. Member for Upper Bann (Carla Lockhart). First of all, the requirements under new clause 1 are completely unnecessary because UKEF already reports annually, as required by legislation. All of that is cleared through the National Audit Office. It is all there, perfectly available for anybody to see. I got a sense that there was a suggestion that Northern Ireland was losing out because of the money from UKEF. It is quite the reverse. If either Member wants to go through what is already published in this sphere, they will see for themselves precisely how well Northern Ireland does—and, of course, it should do. The whole point of the two Acts that we are referring to today is that they should be able to enable—[Interruption.] I will give way to the right hon. Member for East Antrim (Sammy Wilson), if he could just hold his horses for a very brief moment. I have two further points. First, UKEF has officers across the whole of the United Kingdom, including in Northern Ireland. I think there is a misunderstanding here. Some people seem to suggest that what happens is that the Government say, “Give money to that business over there.” That is not what happens. This is a demand-led process, where UKEF is able to respond to the demand that arises. We need to make sure that that is spread across the whole of the United Kingdom, and that is what we intend to do.

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