Alan Mak MP: speeches 2025

Speeches

• 3 Feb 2025 · AstraZeneca · Hansard source

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  (Urgent Question): To ask the Secretary of State for Science, Innovation and Technology if he will make a statement on AstraZeneca.

• 3 Feb 2025 · AstraZeneca · Hansard source

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  Thank you, Mr Speaker, for granting this urgent question. Just five days ago, in another speech about growth designed to divert attention from the total lack of growth caused by Labour’s high taxes and anti-business approach, the Chancellor specifically praised AstraZeneca: she knew that the last Conservative Government had successfully negotiated a deal for Britain’s biggest public company to invest £450 million into Britain’s economy. Under the Conservative deal, AstraZeneca would have expanded its flu vaccine factory on Merseyside, creating new jobs, improving the UK’s pandemic preparedness and sending a clear message to the world that Britain’s life sciences sector is open for business. Instead, Labour has cut the funding that we agreed and has imposed a national insurance jobs tax. That has destroyed the business case for expanding the factory and the deal is now off. Will the Minister explain why the Secretary of State for Science, Innovation and Technology failed to stand up to the Chancellor when she cut his funding, destroying the deal and handing high-quality jobs and investment to our competitors? In the past 12 months, AstraZeneca has committed to investing more than £1 billion in Singapore, nearly £3 billion in the US and more than £450 million in Canada. It could have invested £450 million in our country, too, so what are the Government doing to bring back the jobs and investment that they have just turned away? By last July, all that was required was for Labour to confirm that it would proceed with our deal. AstraZeneca wrote to the Chancellor and the Science Secretary on 9 July, but received no reply. It wrote to the Secretary of State for Business and Trade in early July too, but he fobbed it off. The company did not receive its answer until last October. By then, it was too late to deliver the project and now the deal is dead. Will the Minister and the Science Secretary write to the Chair of the Science, Innovation and Technology Committee, the hon. Member for Newcastle upon Tyne Central and West (Chi Onwurah), offering to appear before her Committee to explain what went wrong and how such failures can be avoided in the future? Delivering this deal secured by the Conservatives was a big test of Labour’s economic credibility, and it has failed. In the same week that it talked about growth, it has botched a deal that was vital to our economy. Labour promised growth, but delivered failure and let Britain down again.

• 13 Jan 2025 · Artificial Intelligence Opportunities Action Plan · Hansard source

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  I thank the Secretary of State for advance sight of his statement. Let me begin by thanking Matt Clifford for his work. Having known Matt for many years, I am grateful for his long-standing contribution to the tech sector, including with the last Conservative Government. It was that last Conservative Government who identified the opportunities of AI early, and we acted decisively. We kept Britain out of the EU’s anti-growth regulatory regime, enabling our tech sector to flourish. In contrast, the Secretary of State is on record praising the EU’s approach to AI, which even President Macron rejected. Will the Secretary rule out regulatory alignment with the EU on AI issues? We also launched the incubator for AI, which led on groundbreaking work to improve productivity, and the gov.uk chatbot, both of which were led by my hon. Friend the Member for Brentwood and Ongar (Alex Burghart). Can the Secretary of State guarantee the future of both projects under this Government? We also provided £500 million for AI compute, because our AI sector requires cutting-edge computing power, as well as more energy to power data centres. Labour’s energy policy is taking our country to the brink of blackouts. Instead of just launching another quango—the AI energy council—can the Secretary of State assure the House that the AI sector will have reliable access to all the energy it needs? It was a Conservative Government who organised the world’s first AI safety summit and delivered the world’s third largest AI market, fostering an environment in which Sir Demis Hassabis won the Nobel prize last year. Even the Prime Minister admitted today that when it comes to AI, Britain starts with a position of strength. The bad news is that Labour is already squandering the world-leading AI position that we built up for Britain. Last July, one of Labour’s first actions on entering government was to cut £1.3 billion of funding for Britain’s first exascale supercomputer and the AI research resource—both of which Matt Clifford’s report says deserve support. Why did the Secretary of State not stand up to the Chancellor when she cut the funding last July? Anyone reading the plan will see that it has been fully drenched in Labour gobbledegook, peppered with references to “missions”, “mission delivery boards”, “clusters”, “sector champions” and even “local trusted intermediaries”. Its plan confirms what everyone suspected all along: Labour prefers technocratic jargon over the actual tech sector. The plan was ready last September and due to be published last November. Why did Labour delay publication again and again, and finally choose a day when it needed to divert attention away from the beleaguered Chancellor? What is not in the plan is even more telling than what is. First, there is nothing to correct the huge damage that Labour has already inflicted on the AI sector through the Chancellor’s national insurance jobs tax, which punishes every tech worker by £900 per person per year. Will the Secretary of State apologise today for making our tech workers take a wage cut and for reducing their living standards? Labour’s response is full of aspirational dates for targets to be met, but there are no specific plans setting out how it will achieve the targets or pay for them—so much for the Chancellor’s iron grip on the public finances. Given that there is no new funding, will the Secretary of State give a precise date for publishing his spending plans, and confirm what funding will be cut from existing projects to pay for this plan’s 50 new commitments? Why have the Government created two more AI quangos today? The Prime Minister has announced or created a quango almost every week since coming to office. Today, it is clearly the tech sector’s turn. Will the Secretary of State reassure the House and the country that his two new AI quangos will not just tie up our tech sector in more red tape? Last week, the Chancellor fled the country. As she headed east, our economy went south. Labour promised growth but it has delivered failure. It has published an underwhelming plan three months late. It has punished our tech workers with the national insurance jobs tax. It has saddled our tech sector with red tape and more quangos, and it aligns itself with the EU when everybody else is saying no. Labour’s delayed AI plan is analogue Government in the digital age: slow, uninspiring and not good enough for Britain. Our country deserves the best, but Labour has let Britain down again.

• 8 Jan 2025 · Employer National Insurance Contributions · Hansard source

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  The truth is that the Labour Government are failing our tech workers, because they do not care about our tech sector. Last September, Paul said that he was very keen to list Thought Machine in London instead of New York, and one of his preconditions before listing is being able to grow the business as much as possible. Why did the Secretary of State allow the Chancellor to make growth harder for Britain’s tech sector at the Budget?

• 8 Jan 2025 · Employer National Insurance Contributions · Hansard source

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  Thank you, Mr Speaker. “Companies like ours will be less incentivised to grow”. That is the conclusion of Paul Taylor, founder of British tech unicorn Thought Machine, which employs more than 500 people. Britain is now missing out on new jobs and investment as a direct result of Labour’s national insurance jobs tax. When the Chancellor started punishing our tech sector, the Secretary of State failed to stand up to her. Why?