Oral QuestionTreasury

If he will make a statement on his departmental responsibilities.

Tabled: 8 November 2023Answered: 14 November 2023

Asked by

Samantha Dixon

LabourChester North and Neston

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Parliamentary Under-Secretary of State for Business and Trade (Chris McDonald)

We have just heard from the Secretary of State about our active industrial strategy. This question is timely, because we are one year on from setting out our industrial strategy. We have announced our British industrial competitiveness scheme, expanding its scope to support 10,000 businesses with their energy costs, a £500 million sovereign AI fund, and the creation of 19 new technical excellence colleges, giving opportunities for young people across the country.