The UK Government have supported Northern Ireland businesses and employees through grants, loans and the job retention scheme. The additional funding available to the Executive as a result of the Government’s coronavirus response amounts to £1.3 billion so far. In addition, the UK Government have provided £2 billion in new investment for Northern Ireland through the “New Decade, New Approach” agreement, to turbocharge infrastructure investment and provide the best possible platform for businesses to grow.
The hon. Lady is right to recognise that there has been a severe impact, and we are determined to work hand in hand with the Executive on the response to that. I was pleased to see them publishing their own plan, and their focus on skills and infrastructure are shared objectives with the UK Government. This certainly needs to be a joint endeavour, to ensure that we support a strong economy and the conditions for safety and security for the people of Northern Ireland.
Northern Ireland is reported to be heading for a prolonged economic downturn. As my hon. Friend Louise Haigh said, its aerospace industry is in crisis, with significant job losses at Bombardier and Thompson Aero. The Secretary of State can stop further decline by putting pressure on the Treasury to accelerate defence procurement programmes. Why has he not done that?
The hon. Lady is right that the covid-19 outbreak has had a severe impact on the aviation and aerospace sectors around the world. The UK Government have already provided significant support to the sector, including through the business interruption loan scheme, the job retention scheme and, as my right hon. Friend the Secretary of State mentioned, £2.1 billion through the covid corporate financing facility, with additional flexibility from UK Export Finance. Of course we will have contact with Ministers at the Ministry of Defence, and we are always happy to work with the sector to promote job opportunities in Northern Ireland.
Virtually every major commercial aircraft programme in the world comes back either in structure, services or parts to Northern Ireland, yet the recent redundancies have been greeted with no more than a shrug of the shoulders from Ministers, who seem to think that general statements are enough. When will the Minister meet the workforce at those plants and put his weight behind a plan to help them survive this crisis?
UK Government Ministers and officials have been engaging with key stakeholders in Northern Ireland. The Secretary of State has met the key business leaders in this respect to inform our response to covid-19. The lead Department on this, the Department for Business, Energy and Industrial Strategy, has been engaging extensively with the trade unions. Only this morning, I spoke to my ministerial colleague at BEIS to ensure that we can continue to co-ordinate our work on aviation.
We are heading to lovely Lancashire, with Rosie Cooper.
The simple answer is that it is not. We want to make sure that we meet our commitments in a way that imposes a minimal burden on business and provides unfettered access. We are absolutely clear that we will provide that unfettered access and legislate for it through this House.
The hon. Gentleman is absolutely right: the supply chain is crucially important to this industry. Making sure that we take the right approach to unfettered access and that we provide support across both the UK and the Northern Ireland economies is crucial in that respect. That is why we are working very closely with colleagues at BEIS and in the Executive to make sure that the support is there up and down the supply chain.