(1 week, 3 days ago)
Lords ChamberMy Lords, the answer to that is no. This is not an ideological nationalisation. It is a targeted, exceptional intervention to protect a strategically important company and capability that the country cannot afford to lose. The Government would have preferred a commercial solution, but that was not available on terms representing value for the taxpayer. The objective now is to stabilise British Steel, restore commercial and environmental responsibility and sustainability, and explore future private sector investment where that supports the national interest.
Baroness Alexander of Cleveden (Lab)
My Lords, I welcome that last answer. It is, of course, just a few minutes ago that we were discussing a Private Notice Question on the events in the Strait of Hormuz and the need for British naval support to try to keep it open. Given that our naval ships, submarines and planes all rely on steel, does my noble friend the Minister agree that, in what is self-evidently an increasingly unstable and uncertain world, acting to ensure the continuation of steel-making here at home is a vital part of our national security?
My Lords, the Government recognise that some specialist grades of steel used in precision engineering, aerospace, defence and advanced manufacturing are not currently produced in the UK, or are not produced in the required quantity or to the required specification. The steel strategy aims to increase the proportion of UK demand met domestically, including for specialist needs, as my noble friend mentioned. British Steel’s new board will need to consider how the company supports a wider industrial strategy and the needs of downstream manufacturers.
(1 month, 3 weeks ago)
Lords Chamber
Baroness Alexander of Cleveden (Lab)
My Lords, I will be finished in a moment. I too thank the Minister for the tone that he has struck today.
We are touching on an important issue. The code leaves us in a position where someone who has a gender recognition certificate has no additional protection under the Equality Act. The Gender Recognition Act was designed specifically to remedy trans people finding themselves in an intermediate legal zone. Given that, do the Government envisage that we may need to honour the commitment that Parliament made to trans people in 2004 when it passed the Gender Recognition Act?