§ 11. Mr. Barry JonesTo ask the Secretary of State for Employment what is his estimate of the number of redundancies which have occurred in the aerospace industry since 1 January 1992; and if he will make a statement.
§ Mr. Michael ForsythThe information is not available.
§ Mr. JonesIs the Minister not concerned at the fact that tens of thousands of the most skilled workers in our biggest industry—British Aerospace—are losing their jobs? This must be a tragic waste. Does the hon. Gentleman know that at the British Aerospace works in Broughton in my constituency more than 1,000 people have lost their jobs in the past year? Will he investigate the proposal by Raytheon to buy Corporate Jets from British Aerospace, bearing in mind the fact that Corporate Jets has lost 269 jobs in my constituency? Will he attempt to secure from the new company a guarantee that my constituents will have more than three years' work if it buys from British Aerospace?
§ Mr. ForsythIt is true that the aerospace industry has been hit by the downturn in the world market. The 1980s saw growth of about 36 per cent. in sales. With the skills that the British aerospace industry has, I am sure that we can achieve that again in the 1990s. The question that the hon. Gentleman has put to me is one for my right hon. Friend the President of the Board of Trade. However, I know that the hon. Gentleman has worked long and hard in the interests of his constituents who are involved in executive jet production. I understand that British Aerospace, in considering the sale of the company at Broughton, intends to secure a guaranteed work period of about three years as part of the arrangement. The sale has been referred to the Director General of Fair Trading, and I cannot say any more at this stage. I can, however, promise the hon. Gentleman that both my right hon. Friend the President of the Board of Trade and my right 819 hon. Friend the Secretary of State for Employment are very conscious of the importance of retaining jobs in this successful industry, which is vital to Britain.