I do not believe for a minute that we will not get a deal that will be of benefit to UK-based car manufacturers. It is inconceivable that we would be unable to get such a deal.
Leaving the European Union will give us an opportunity to achieve something that has eluded Governments over the past 25 to 30 years—namely, an opportunity to rebalance our economy and lock in the benefits of regional devolution. The west midlands has benefited from European grants for infrastructure development, and as we enter into the negotiation process, it will be incumbent on us to raise the investment levels for infrastructure and skills in the west midlands. For example, the west midlands currently receives 40% less investment in transport than London and Scotland. The region is dependent on manufacturing and transportation, and that discrepancy has resulted in capacity constraints in the west midlands economy that need to be addressed.
One of the principal reasons that people in the Black country and the west midlands voted to leave the European Union was that they wanted to control immigration. As we trigger article 50 and think about negotiating our exit, one of the most important factors will be for the Government to commit to raising the skill levels in the west midlands in order to create high-quality jobs, and to see the west midlands as a critical component of our national story. The west midlands needs to have a voice in the negotiations. In May this year, we will have a directly elected mayor for the West Midlands Combined Authority, and I hope that it will be Andy Street, the excellent Conservative candidate. As the region that voted the most decisively to leave, the west midlands must be at the head of the queue for getting the benefits that I believe can accrue from our leaving the European Union.
I also want to make a broader point about Britain’s place in the world. Even though I have concerns about the European Union and voted for Britain to remain in it, I have never been a fan of its political structures. We are now on the cusp of an opportunity. For 40 years, we have spent a lot of diplomatic resource and energy on
managing our relationships across the EU. We now need to change our posture in the world, to be much more outward looking and to use our diplomatic reach and resources to change how we influence the world. We have enormous soft power to deploy in the world, and we should invest more in our hard power. That combination of diplomatic reach, soft power resources and the ability to deploy hard power gives a Britain outside the EU the unique opportunity to stop expending energy on it and its predilections and to focus outwards. As we embark on the renegotiation, there is a real opportunity to challenge many of the assumptions that have driven British foreign policy over the past 40 years and to forge a new role as a global, outward-looking Britain that works for all the regions of the United Kingdom.
5.45 pm