Baroness Wilcox of Newport
Main Page: Baroness Wilcox of Newport (Labour - Life peer)(7 months, 1 week ago)
Lords ChamberWe are proud of our steel sector in Wales: it is an asset for the whole of the UK, so this closure is devastating news. Yesterday, in the other place, the Minister said that the Government would encourage Tata to come to an agreement so that there are no compulsory redundancies. What steps are the Government taking to protect workers whose jobs are at risk? There are also those in the supply chain: what commitments have the Government secured from Tata for the workers at downstream facilities about the security of their jobs after the electric arc furnace is built, and what are they doing to secure more?
My Lords, the deal struck by the UK Government with Tata will safeguard around 5,000 jobs in the UK steel industry, as well as 12,000 jobs in the wider supply chains. However, we all recognise that this is a devastating blow for the community of Port Talbot, and we are committed to doing everything that we possibly can to save jobs and support anyone who loses their job. This is why the UK Government have set up the Port Talbot transition board, backed by £80 million from the UK Government and £20 million from Tata.