Business Secretary puts focus on investment and job creation on Humber visit

Published on Wednesday, 20 July 2011 14:51
Posted by Scott Buckler

Business Secretary Vince Cable has today toured Alexandra Dock where Siemens plans to build an £80 million wind turbine factory which will create 700 jobs (July 20th)

 

Under the development plan the ports company ABP will build a £100 million deepwater berth capable of handling the new generation of large offshore wind developments.

Business Secretary Vince Cable said:

The transition to a green economy presents significant growth opportunities both in the UK and abroad. The UK has the sixth largest low carbon economic goods and services market in the world.

“The offshore wind sector has the potential to create 70,000 jobs in the UK. We are committed to making sure that UK businesses get a headstart and seize those opportunities now.”


Vince Cable will this afternoon visit Tata Steel in Scunthorpe and meet members of the Tata Steel Economic Response Task Force and the chair John Clugston.

The Business Secretary set up the Taskforce in May after Tata Steel announced restructuring plans.

Vince Cable said:

“Tata Steel has had to make tough decisions in respect of the workforce in its Long Products business but we have welcomed its plans to invest up to £400 million to make the company more competitive.

“I look forward to having a constructive meeting today with members of the Taskforce and chair John Clugston. I have been impressed by what I have heard so far on their plans to make Scunthorpe a good place to do business and encourage job creation and investment.

“We have already deployed the JobCentrePlus Rapid Response Service to provide support to those workers who will unfortunately lose their jobs and we welcome Tata Steel’s cooperation. We will continue to work with them on this.”

 

Source: BIS

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