JESSE NORMAN MP VISITS LONDON BOAT SHOW TO SEE £3.01BN MARINE INDUSTRY

10 Jan 2017

Minister

L-R: At the London Boat Show yesterday - David Pougher, President of British Marine; Sean Robertson, Sales Director of Sunseeker International; Jesse Norman MP, Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy; Howard Pridding, Chief Executive Officer at British Marine

The UK leisure, superyacht and small commercial marine industry was high on the government’s agenda yesterday (Monday 9 January) with the Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy attending the London Boat Show. British Marine, the membership organisation for the industry, welcomed Jesse Norman MP to the event, where he met with several marine businesses to learn more about the success of the leisure marine industry and to discuss future opportunities.

The MP for Hereford and South Herefordshire met with five British Marine members, Sunseeker International, Williams Jet Tenders, Ribeye, Seaglaze Marine Windows and Fairline Boats.

Minister Norman’s visit coincided with the announcement of the industry’s latest statistics, which show that the UK’s leisure marine industry has grown for a fifth consecutive year, posting revenues not seen since the financial crash. In 2015/16 revenues grew by 1.6% to £3.01bn; the industry directly contributes over £1.11bn of Gross Value Added to the UK economy and at £882m, exports make up 29% of industry revenue. Employment is on the up (an increase of 4.6%), with marine businesses now supporting over 33,000 full-time equivalent employees.

Industry Minister Jesse Norman said: “The UK maritime sector is an important industry for the UK, adding over £11 billion to the UK economy and I was delighted to visit the show and see for myself the success of our marine and maritime businesses.

“The UK has a world class reputation for building high quality boats, from warships to Superyachts, and as we develop a comprehensive Industrial Strategy we will continue to work with industries from across the UK to further upgrade productivity, create high skilled jobs, and ensure sustainable economic growth.”

Howard Pridding, Chief Executive Officer of British Marine, said: “We were delighted to welcome Minister Norman to the London Boat Show today. It’s been an ideal place to provide the Minister with a full familiarisation with the success of our £3.01bn UK marine industry as well as demonstrating the value of the London Boat Show as a sales platform for our industry and the wider UK and London economies.

“We welcome the Minister’s visit at a time when the Government is developing an industrial strategy, which must recognize the scale and contribution of the UK’s marine and maritime industries.  Today’s visit has enabled us to continue discussions with government on issues including skills, exports and the support that we need from government to ensure that our industry continues to succeed as we move forward.”

For a video clip of the Minister’s tour, click here: https://youtu.be/Yr1ja44M2xg

To download images from the tour, click here: http://www.w-w-i.com/london_boat_show_2017/gallery.php

For more information please contact Annabel Wildey: awildey@britishmarine.co.uk / 01784 223811 or Rebecca Jackson: rjackson@britishmarine.co.uk / 01784 223627
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