Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 10:30 am on 22 March 2007.
Malcolm Wicks
Minister of State (Science and Innovation), Department of Trade and Industry
10:30,
22 March 2007
That was a passionate onslaught on the reality of globalisation. We have had enough banter—some of it not very good—about real worlds this morning, but globalisation is here to stay. The important thing is that British industry should regard it as a challenge and not a crisis. We welcome inward investment and, just as British companies will take over companies in India and elsewhere, some of that business will go the other way. I am confident that the deal is a good one for the UK steel industry, and for jobs.