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Investment

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

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Photo of Denis MacShane Denis MacShane , Rotherham 1:49 pm, 19th March 1997

What does the Secretary of State have to say about the decision of Toyota, announced this week, to build its new car plant in France? This follows hard on the heels of Ford switching production and jobs from Liverpool to Germany and Spain. Has not much of our inward investment in recent years been on the basis of Britain being fully in Europe? Is not the message now to the boardrooms of the world that the Tory Cabinet is divided on, and hostile and opposed to, Europe? Until we drain the poison from the "Euroseptics" in the Cabinet and replace them with a Government committed to working and playing a leading role in Europe, more and more companies like Toyota and Ford will turn their backs on the UK.