Written Question·Department for Business and Trade·UIN 17392

Shipbuilding and Shipping

Tabled: 2 December 2024

Answered: 6 December 2024

Named Day

Question

Alison Griffiths

Conservative — Bognor Regis and Littlehampton

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of Autumn Budget 2024 on the (a) maritime and (b) shipbuilding sectors.

Answer

Sarah Jones

This Budget is focused on delivery of the government’s Growth Mission and the development and delivery of the government’s modern Industrial Strategy. The creation of the National Wealth Fund, catalysing over £70bn of private investment, will potentially ...

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