Exports (East Midlands)

Oral Answers to Questions — Trade and Industry – in the House of Commons at 2:22 pm on 12th July 1995.

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Photo of David Tredinnick David Tredinnick , Bosworth 2:22 pm, 12th July 1995

To ask the President of the Board of Trade if he will make a statement on export figures in the east midlands for the past five years. [32135]

Photo of Mr Anthony Nelson Mr Anthony Nelson , Chichester

Separate regional figures are not provided but nationally, in the past five years, exports have risen by 33 per cent. to £134 billion, with east midlands companies making a full contribution to that growth.

Photo of David Tredinnick David Tredinnick , Bosworth

I warmly congratulate my hon. Friend on his new appointment and wish him well in the future. Does he agree that an important contribution to that export growth comes from firms, in Hinckley in my constituency and round about, such as Profilex, Nelson Burgess and Triumph Motorcycles, which is the country's second largest motor cycle company? Is it not remarkable that the May Confederation of British Industry survey found that the east midlands was leading Britain's export growth?

Photo of Mr Anthony Nelson Mr Anthony Nelson , Chichester

First, I thank my hon. Friend for his kind sentiments. It is nice to be released from the Treasury and I am looking forward to my new freedom as Minister for Trade. Secondly, I join him in welcoming the fact that the east midlands is in the vanguard of this country's exports growth. That is a tremendous performance for that region and his constituency; a performance that I am sure will be sustained under Conservative policies of free trade and free enterprise, unlike Labour policies of intervention and minimum wages.