§ 20. Mr. SheermanTo ask the Chancellor of the Exchequer what new plans he has to stimulate investment in manufacturing. [105169]
§ John HealeyThe most important contribution Government can make is to create a stable macroeconomic environment in which manufacturers can invest, grow and prosper. The Government have also introduced measures to help UK manufacturers improve their investment, productivity and competitiveness. Cuts in corporation tax and the R&D tax credit will substantially benefit manufacturers, while new venture capital funds, increased RDA budgets, strong spending on science and innovation, and our initiatives to boost skills are all stimulating investment.