§ 32. Mr. RendelTo ask the President of the Board of Trade what plans she has to encourage manufacturing investment in the United Kingdom. [5238]
§ Mrs. BeckettIncreased investment will come only with economic stability, an appropriate tax regime and the pursuit of competitiveness through partnership. My right hon. Friend the Chancellor has laid the foundations for economic stability and introduced tax changes to encourage business investment in the Budget. I have established an agenda for pursuing competitiveness through partnership starting with a Competitiveness summit on 23 July.