Peter Kyle MP: speeches 2025

Speeches

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  I assure the right hon. Gentleman that every sector of our economy is at the forefront of the Chancellor’s mind as she stabilises and recovers our economy from the 14 years of chaos and confusion wrought by the Conservative party. I also assure him that there will be no repeat of the mini-Budget that the Conservatives inflicted on our economy, the consequences of which we are still suffering today, which the right hon. Gentleman voted for and supported. We inherited a growth emergency because of the decisions taken by the Conservative party in government. We will recover from it; we will build back better; and we will make sure that every sector, including hospitality, benefits from the great economy we are moving towards.

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  I reassure the hon. Gentleman that the industrial strategy gives clarity on policy for 10 years into the future, which has been welcomed by businesses large and small. I also reassure him and the businesses in his community that there will be no repeat of the mini-Budget that the Conservatives inflicted on our country, for which we are still paying the price. Finally, I reassure him that we have a Chancellor who puts first and foremost the primary mission of this Government, which is economic growth—the kind of growth that is delivering record investment in our economy, from which every business, large and small, is benefiting equally right around the United Kingdom.

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  Warrington has been at the centre of previous industrial revolutions, and we are determined that it will be at the forefront of the industrial revolution that is unfolding, with a wave of digital technology and AI flowing across the world. We will use all the agency of this Government to ensure that all parts of the United Kingdom benefit equally from that. My hon. Friend will know that work such as that by Platform on the transformation of the Unilever site in Warrington is exactly the kind of bold, future-facing investment that we want to enable. That is why we delivered the AI opportunities action plan so swiftly. We will create AI growth zones across the United Kingdom to create the infrastructure in which new businesses and businesses that are transforming places and communities such as Warrington will be at the forefront and able to grasp the very best of the global economy in the regions and nations of every part of the United Kingdom.

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  Again, my hon. Friend is a great advocate for the community that he represents in Parliament. I am very excited to meet the businesses that he references. We hit a milestone in the second quarter of this year, because the UK started to produce more than 50% of its energy using renewables. His community as well as other communities around the UK will benefit from the transition to renewables. This is an exciting time to do business, and this is an exciting sector of our economy; it is one of the fastest growing sectors in the global economy, and right here in the UK we are benefiting the most from it.

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  As the hon. Lady knows, we have put a lot of effort into the reset with the EU. We have built new opportunities for British people and British business, and we will continue to do so.

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  I am very grateful to the hon. Lady for welcoming me to the Dispatch Box. We are very aware that we inherited a crisis—a crisis created by the Conservative party, including the state in which they left our global relations, the lack of growth in the economy and the effects of the mini-Budget. The reputation of our country was in tatters as a result and our public services were on their knees, but all of those things are being turned around because of the decisions taken by this Chancellor. The Conservatives should be celebrating the fact that we had the fastest growing economy in the G7 for the first six months of this year, because these are the kinds of actions that show we are getting growth and stability back into our economy, and give businesses the predictability upon which to build future success and prosperity and the creation of jobs. The Conservatives should be celebrating that, not talking our country down.

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  I am grateful to my hon. Friend not just for his contribution, but for his advocacy for the rural economy. This Government are committed to supporting businesses, including those in rural areas such as South West Norfolk, to thrive and grow. We know that rural areas offer significant growth potential, contributing £259 billion to England’s gross value added in 2023. My Department provides support through the Help to Grow: Management business support service and the New Anglia Growth Hub. Our plan for small businesses will hardwire small business voices into Government to boost growth. On top of that and underpinning all of it is the modern industrial strategy, which provides stability into the long term—stability for which the business community right across the United Kingdom has been crying out for too long.

• 30 Oct 2025 · Investment in Businesses · Hansard source

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  We are delivering bold action to drive investment and growth nationwide. Our modern industrial strategy is cutting red tape, saving businesses nearly £6 billion a year, and unlocking quicker, simpler ways to do business. We are investing £6.6 billion through the British Business Bank to help innovative firms scale, and we are rebuilding our infrastructure with a 10-year strategy, backed by at least £725 billion-worth of Government capital, providing the certainty needed to boost productivity, secure growth and jobs, and deliver sustainable growth right around the United Kingdom.

• 30 Oct 2025 · Trading Relationships · Hansard source

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  I am extremely grateful for the invitation. I can reassure my hon. Friend that when we have the opportunity to take delegations abroad, the Scotch Whisky Association and representatives of those distilleries are always with us. We fight hard for the Scotch whisky business. We know how important it is right across the United Kingdom and to the UK’s economy overall. The week before last I was in India with the Prime Minister where we were furthering the trade deal we have secured and making sure that we exploit all the opportunities that these trade deals present. It is important to not only secure trade deals but make sure that we exploit all the opportunities right across the economy. That deal alone will unleash over £1 billion-worth of opportunities for the Scotch whisky industry, and that is something we should all celebrate.

• 30 Oct 2025 · Trading Relationships · Hansard source

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  This Government wasted no time when it came to trade deals—not just talking about them, but delivering them. We have already secured trade deals with the biggest economy in the world, one of the fastest-growing economies in the world, and our biggest trading market. The Government’s clear principle is to deliver for British businesses and the British people. That is why in the first month of my new role I travelled to three continents to further strengthen UK trade and investment.

• 30 Oct 2025 · Trading Relationships · Hansard source

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  The hon. Member will know that the Prime Minister and this Government stand shoulder to shoulder with Ukraine, and we have since the moment we came into office. We are highly aware of the risks that Russia poses, not just to Ukraine but to the continent of Europe. We are also aware of the constant attacks this country undergoes from cyber-security threats via Russia and Russia-sponsored activity. I can assure the hon. Member, from conversations I constantly have across Government and the forums across Government I am part of, that we are very aware of this threat and act constantly against it.

• 30 Oct 2025 · Farming Sector: US Trading Relationship · Hansard source

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  I am grateful to the right hon. Member for his question. The UK was the first country to secure such an agreement with the US—one which will save thousands of jobs, protect key British industries and farmers, and drive economic growth. People said that it would be impossible to deliver such a deal without compromising on food standards, but we have proven them wrong. This Government have delivered a deal that protects our high food standards while giving British farmers access to a market of 340 million people where they can sell their high-quality beef.

• 30 Oct 2025 · Farming Sector: US Trading Relationship · Hansard source

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  I am grateful for the right hon. Member’s insightful and thoughtful contribution. As I said, striking trade deals is vital. That is why we put so much energy into it and have had so much success, and there will be more to come. It is very important that the whole British economy and Government make sure that we exploit the full opportunities that all these agreements offer. The Department for Business and Trade has embedded highly talented trade experts right across the world, and they are trying to do just that on the frontline of all the economic opportunities we perceive around the world, and that includes agriculture. If there are specific areas where the right hon. Member perceives that the agricultural sector, either in his patch or across the United Kingdom, has an opportunity that is not yet being exploited, I want to hear from and work with him to make sure that British farmers benefit.

• 30 Oct 2025 · Responsible Business Conduct Review · Hansard source

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  It is good to be before you in a new role, Mr Speaker. In fact, even though I might not look it, we have an entirely fresh ministerial team before the House today. With your forbearance, may I offer the House’s congratulations to my hon. Friend the Member for Penistone and Stocksbridge (Dr Tidball) on becoming parliamentarian of the year at The Spectator awards yesterday. I reap the benefits of her as a Parliamentary Private Secretary, and I am very grateful for it. This Government are committed to harnessing the insight of a range of stakeholders in delivering the review into responsible business conduct, announced in the trade strategy. That includes producer countries and experts from the global south. As chair of the all-party parliamentary group on Fairtrade, my hon. Friend will be pleased to know that my officials have already held discussions with Fairtrade tea experts from India and Kenya. The Minister for Trade is also engaging with businesses, civil society and trade unions.

• 30 Oct 2025 · Responsible Business Conduct Review · Hansard source

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  I am grateful for my hon. Friend’s work in this area, the conversations that he has and the insight that he shares with the House, as recently as today in his contribution. The responsible business conduct review will be critical to ensuring that businesses respect human rights, labour rights, the environment and anti-corruption measures across their operations and supply chains. I reassure him that, in the conversations that I have already had with international counterparts in the few short weeks that I have been in this job, these issues, including forced labour situations and workers’ rights, are raised. British values and the expectations we have as a country are raised with our international partners in trade talks.

• 30 Oct 2025 · Topical Questions · Hansard source

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  I am grateful for my hon. Friend’s passionate question. As he will know, we have struck a trade deal with the EU and reset the relationship with it. We will continue to build on that to deliver for all parts of our economy.

• 30 Oct 2025 · Topical Questions · Hansard source

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  I am grateful for the hon. Gentleman’s question, and I know that his community will be grateful for his question, too. I can assure him that we are working to mobilise the strategic sites accelerator, which will operate across the nation. We expect to communicate how and when the programme will deploy in the coming period into spring. As he knows, RAF Wyton is a key site for cyber and specialist operations command. It is an important asset for our nation. I, or the relevant Minister, will of course meet him to discuss how we can better support that site going forward, but already within Government it is a very highly valued asset.

• 30 Oct 2025 · Topical Questions · Hansard source

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  It is quite extraordinary; after just a couple of weeks in the job, I have announced £230 million of deregulation every year—£1 billion-worth between now and the next general election—and what do the Conservatives do? They say that we are not going far enough. They had 14 years; I have had a couple of weeks! It is about time they started coming up with better questions, and stopped criticising a Government who act where they failed to.

• 30 Oct 2025 · Topical Questions · Hansard source

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  Again, the Conservatives had 14 years in which the economy was changing. They had the chance to tackle zero-hours contracts, and what did they do? Nothing. They had the chance to tackle fire and rehire, and they did nothing. They had the chance to tackle the challenges of being an app-based employee, and they chose to do nothing. We are acting to modernise the economy and the relationship out there between businesses and workers because that is what is needed. It is what workers and businesses need, and it is what this Government are delivering.

• 30 Oct 2025 · Topical Questions · Hansard source

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  The growth emergency we inherited from the previous Government demands a proportionate response. That means an unrelenting focus on pro-business policies. It means harnessing investment in our high growth sectors and tirelessly implementing our modern industrial strategy. It means shaking up our entire regulatory system. The Department for Business and Trade is stripping out the rules, regulations and red tape that are holding business back. We are helping reduce the regulatory burden by 25%, cutting out 200 hours of needless paperwork for companies so far. We are simplifying rules around company reporting, saving firms £230 million. We are bringing in a strengthened growth duty for regulators and launching a new performance dashboard, injecting agility into our regulatory regime. Where regulators are doubling up, we are streamlining them. We are abolishing the British Hallmarking Council, transferring functions to the Department. This is a new ministerial team acting with urgency. We are using every lever we have to grow the economy and to deliver for this Government’s plan for change.

• 30 Oct 2025 · Topical Questions · Hansard source

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  I can assure the hon. Lady that we are in constant contact with the Energy Secretary. When I was at DSIT, we co-chaired the AI energy council, and we are working together to get the transition to renewable power done as swiftly as possible, generating the wealth that our country needs from the transition period. Also, we are lowering bills and, through some targeted interventions, ensuring that those key businesses get the support they need on the challenges with energy prices and supply that we inherited when we came into office.

• 30 Oct 2025 · Topical Questions · Hansard source

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  I am grateful for the shadow Secretary of State’s warm words. He shadowed me when I first went into my role at the Department for Science, Innovation and Technology; he was then moved here before me, so I have followed him to this role. I watch with trepidation the next reshuffle on his Benches. The shadow Secretary of State mentions the workers’ rights Bill, which is still between the two Houses; I hope we will be reconciled as soon as possible so that it can get Royal Assent and benefit workers and businesses right across the nation. Once the Bill passes, we will, of course, undertake a period of implementation. My predecessor and the previous Deputy Prime Minister, who championed this legislation, were clear from the outset that the Bill will modernise the British workplace so that it is beneficial for businesses and for the people who work in them. The modern economy has changed; it is different from 20 years ago. The Conservatives had the time to modernise the economy and the relationships within workplaces, and they chose not to take that—

• 30 Oct 2025 · Topical Questions · Hansard source

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  You would have thought, Mr Speaker, that the hon. Gentleman might say a good word about our British automotive sector. The trade deal that we struck with America—the first and the best such trade deal—protected 44,000 jobs from the tariff challenges being felt around the world. We are creating new opportunities and investing. As the House saw, the Government acted at speed to protect Jaguar Land Rover and its entire supply chain in its hour of need. This Government act when we need to and create opportunities wherever we can, and we will continue to do so.

• 30 Oct 2025 · Topical Questions · Hansard source

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  My hon. Friend asks exactly the right questions, which I am extremely grateful for, because they are central to the programme of economic reform that this Government are undertaking. She will know from the Mansion House reforms that we are unlocking capital into our economy via the pensions reforms being undertaken. We are making sure, right from the start, that women have a voice. I did the same in my role in the Department for Science, Innovation and Technology, and in this role, I will continue to ensure that women are championed right across the economy, that we get capital where it needs to be, and that we accept that we have brilliant businesses that need targeted intervention, which we will provide to make sure that scale-ups happen.

• 30 Oct 2025 · Topical Questions · Hansard source

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  I am grateful for my hon. Friend’s question— I am glad he got in today. I can assure him that we are working closely with pubs. We want pubs to be at the beating heart of communities up and down the country. We know we have inherited a challenging environment for pubs. We listen to them and will be acting.