(5 years, 6 months ago)
Lords ChamberMy Lords, at the moment, as my noble friend will know, it is a matter of law that all ships not classified as warships are procured through international competition. After we leave the EU, it will be open to us to decide whether to continue with that practice as a matter of policy, but we will be guided in our thinking by the need to strike the best balance between value for money and protecting national security.
My Lords, steelworkers throughout the country will be pleased that my noble friend Lord Hoyle has tabled this Question. It has been a long time coming round, but it will do so again and again. My noble friend and I have a great deal of respect for the trade union leadership in the steel industry, which covers all the various unions involved. They continually face capacity and manpower issues, a point touched on by my noble friend a moment ago. As a past general secretary of the Iron and Steel Trades Confederation—only five foot five inches tall and I got the job of general secretary of a steelworkers’ union; just imagine that happening today—I know the problems and issues the officials face. They have been facing them for many years because this is not a new situation.
I am coming to it. He said, “Keith, that was all right, but you must realise that we live in a post-industrial society”. If that is the case, we have a dim future in front of us.
The noble Lord is absolutely right to point out that the UK steel industry has faced major challenges over the past three to four years, in particular from international competition and high infrastructure costs. Those challenges continue. But steel is one of this country’s foundation industries, which is why we have supported the sector in a variety of ways. As it is an energy-intensive industry, we have made provision to support any additional costs incurred by carbon-reduction policies; we have the industrial strategy challenge fund; we are reviewing business rates; and we were instrumental in securing antidumping measures through the EU. Also, wherever possible, across government we attempt to buy British when it comes to steel.