4 December 2007
ORAL EVIDENCE: CREATING A HIGHER VALUE-ADDED ECONOMY
Industry experts to give oral evidence on sale of Land Rover and Jaguar.
As part of its inquiry into Creating a Higher Value-Added Economy the Business, Enterprise and Regulatory Reform Committee will hold an evidence session on the 11 December with two industry experts on the future of luxury car manufacture in the UK. This is the first of a series of case studies the Committee will be undertaking, looking at how the UK can best maintain and expand its high value-added manufacturing capability. Future witnesses in the inquiry are expected to include aerospace firm Rolls-Royce.
Subjects that are likely to be discussed include:
Ford’s proposed sale of Land Rover and Jaguar.
How government can maintain higher value-added manufacturing capacity in the UK.
The impact of the climate change agenda on the luxury car industry.
The Chairman of the Committee, Peter Luff MP, said:
“Ford’s sale of Land Rover and Jaguar, potentially to an overseas company, is the first of a number of case studies we will be looking at to inform our inquiry into the future of high value-added manufacture in the UK. It appears to raise important questions about how government can best create a climate which sustains and encourages those industries with high levels of research and development and which make sophisticated products in the UK. That is why we will also be examining Rolls-Royce's future plans in the UK following its recent investments abroad.
In a globalised world, we cannot take our competitive advantages in such industries for granted, and we are clear these examples, among others, can illustrate the appropriateness or otherwise of the current public policy environment.”
Date and time: 10:30 am on Tuesday 11 December 2007
Witnesses: Professor Peter Cooke, University of Buckingham, Eric Wallbank, Ernst & Young.
Location : Committee Room 5, House of Commons
The session will be open to the public on a first come, first served basis. There is no system for the prior reservation of seats in Committee Rooms. It is advisable to allow about 20 minutes to pass through security checks. Committee rooms and the timing of meetings are subject to change. Those interested in attending the session should check the venue by contacting the House of Commons Public Information Office on 020 7219 4272 on the day before the hearing.
As a consequence of machinery of government changes announced in June 2007, the Department for Trade and Industry ceased to exist and the Department for Business, Enterprise and Regulatory Reform was created. Following this decision, the Trade and Industry Committee was dissolved and a successor committee has been created, with the following membership:
Chairman: Peter Luff MP (Con) (Mid Worcestershire)
Mr Adrian Bailey (Lab) (West Bromwich West)
Roger Berry (Lab) (Kingswood)
Mr Brian Binley (Con) (Northampton South)
Mr Michael Clapham (Lab) (Barnsley West and Pen.)
Mr Lindsay Hoyle (Lab) (Chorley)
Mark Hunter (Lib Dem) (Cheadle)
Miss Julie Kirkbride (Con) (Bromsgrove)
Anne Moffat (Lab) (East Lothian)
Mr Mike Weir (SNP) (Angus)
Mr Anthony Wright (Lab) (Great Yarmouth)
Media Enquiries: Laura Humble, Tel 0207 219 2003/ 07917 488 489, email: [email protected]
Specific Committee Information: Tel 020 7219 5777, email: [email protected]