Manufactured Exports

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 1:49 pm on 19 March 1997.

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Photo of Mr Anthony Nelson Mr Anthony Nelson , Chichester 1:49, 19 March 1997

I am grateful to my hon. Friend. I was pleased to come to Hinckley and to see for myself many of the successes to which he refers. It is undoubtedly true that the east midlands has led the way in many of the exports and indeed inward investments that have been so spectacular. No small part of that is the fact that we do not have the overbearing costs associated with the social chapter. It is remarkable that the east midlands is also leading the way in some of our principal new exports. For example, the UK is now the largest exporter in Europe of computers, of televisions and of semi-conductors. That truly remarkable performance is entirely associated with the Government's consistent policies of sound economic and industrial management.