MP for Windsor
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Windsor MP asks Government question on investment

On Tuesday 28th February Adam asked Chancellor of the Exchequer for an update on the work that they are doing to make Britain a better place for private sector firms to invest:

Treasury Questions – Tuesday 28th February

Adam Afriyie (Windsor, Conservative): I very much welcome this Government’s healthy commitment to scientific spending over several years, but it seems that our business investment in research is below the OECD average. May I urge the Chancellor to examine measures that will increase private company business expenditure on research?

David Gauke (Chief Secretary to the Treasury): As the Chancellor announced at the autumn statement, the Government are significantly increasing investment in research and development, rising to an extra £2 billion a year by 2020-21. We have also made the R&D tax credit regime much more generous. We want to ensure that the UK remains an attractive place for business to invest in innovative research.

Windsor MP questions the government on trade

On Tuesday 21st February Adam asked the Foreign and Commonwealth Office for an update on the work that they are doing to ensure Brexit leads to better diplomatic relations (52:46 to 53:48):

Foreign and Commonwealth Office Questions – Tuesday 21st February

Adam Afriyie (Windsor, Conservative): There were also crowds of people to welcome us when we arrived in Ghana a week or two ago. Although we could not quite work out whether the welcome was for us or for the Minister for Trade and Investment, it was thoroughly enjoyable nevertheless.

It seems to me that the greater the number of trading connections that we forge, particularly in west Africa, the stronger the foundation on which to build good international relations will be. Does my right hon. Friend agree that withdrawal from the European customs union will give us a once-in-a-generation opportunity to boost our diplomatic relations worldwide?

Boris Johnson (Secretary of State for Foreign and Commonwealth Affairs): I thank my hon. Friend for his work as trade envoy to Ghana. Indeed, I thank all our trade envoys, who do a fantastic job around the world. It is thanks to the efforts of my colleague the Minister for Trade and Investment and others that we are seeing increased trade with countries such as Ghana, and I was very proud to see British firms operating there. I believe that the largest single private sector employer in Ghana is a firm run by a Brit. We should all be proud of the contribution that those firms are making.

Bracknell Forest News Column: Tuesday, 21 February 2017

First and foremost I am a constituency MP, and it is an honour to represent the Windsor constituency and her constituents in Parliament.  But, in 2016 I was given additional responsibility when I was appointed the Prime Minister’s Trade Envoy to Ghana.

The Prime Minister’s Trade Envoys – there are currently 21 covering around 50 markets – support the drive for economic growth by building upon our existing international trading relationships.

Ghana’s warm reception shows the opportunities for post-Brexit Britain

Having just returned from a flying visit to Ghana with the Foreign Secretary, Boris Johnson, I thought I’d make some encouraging observations about UK-Ghana relations.

My role, as the Prime Minister’s Trade Envoy to Ghana, it to boost our trading relationship with Ghana. It is notable that our Foreign Secretary chose Ghana as one of his destinations on his first visit to the region.

I am pleased to report that the meetings we held with President Nana Akufo-Addo and his Ministers were as warm and cordial as they were productive and workmanlike.

This was my second trip to Ghana in as many months, the first being in January as a representative of Her Majesty’s Government at President Akufo-Addo’s Inauguration.

Like every other Ghanaian election in recent memory, the 2016 Presidential and General Elections were universally recognised as being free and fair, and the transfer of power, despite a close result, was peaceful and successful.

Good democracies make for good trading partners and Britain’s trade with Ghana is booming. Bilateral trade re-crossed the £1bn threshold in 2015 and there is every reason to expect that figure to climb especially with the level of engagement at the highest levels of Government.

There are great opportunities for British investors in Ghana and a huge range of businesses where investors can find a home. We are world leaders across many of the sectors that Ghana seeks market expertise in; from financial, professional and technology services to the creative industries, aerospace, construction and even bridge building. There is huge potential to enhance our trading partnership over the coming years.

The new Ghanaian administration are quite clear: they want to see the private sector create the jobs and prosperity needed to boost the Ghanaian economy. This desire has be encapsulated into a manifesto commitment to see a factory in every district and the UK is well positioned to assist with both investment and expertise.

Post-Brexit Britain is very much open for business and we stand to benefit as much as the Ghanaian people.

To find out more about opportunities for UK businesses overseas visit the Exporting is Great website. 

Windsor MP welcomes tax cuts for small businesses

Adam Afriyie, the MP for Windsor, welcomes a raft of new tax cuts for small business that will encourage apprenticeships and investment.

From April small business rate relief has been doubled and the employment allowance for businesses and charities will increase from £2,000 to £3,000. It will offset the cost of the National Living Wage, which is being increased to £7.20 – a 7.5% wage increase for people on lower pay.

Fuel duty has also been frozen for the sixth consecutive year that Conservatives have been in power which has held down the costs of doing business particularly for self-employed mobile workers who make use of vans.

 

The MP for the Windsor constituency, Adam Afriyie welcomed the figures:

“These policies come from a Conservative Government that is on the side of young people, the lower paid and people who start their own businesses or take up an apprenticeship or, indeed, give something back to the community by taking on an apprentice.

“Small businesses are the backbone of the economy. They have powered Britain’s recovery from Labour’s recession and I sense that our country is back on track.

ENDS

Note to editors

  1. Adam Afriyie has written at length on education and social mobility. To see his full record please see here and here.
  2. Adam Afriyie has a strong background and interest in science, technology and innovation due to his entrepreneurial background in the IT sector and a variety of posts he has held and/or currently holds, including Shadow Minister for Science, Chairman of the Parliamentary Office of Science and Technology (POST) and President of the Conservative Technology Forum (CTF).