British Steel

Debate between Greg Clark and Jessica Morden
Wednesday 22nd May 2019

(5 years, 5 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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My hon. Friend is right that the impact of an industry such as steelmaking extends beyond its own limits, and he gives a good example of that. It is important that those impacts are reflected. Obviously, because the business is trading, suppliers can count on being paid now that they have the protection of the official receiver. I hope that will give them confidence, which was perhaps knocked in recent weeks when there were widespread rumours of the company’s cash-flow difficulties.

Jessica Morden Portrait Jessica Morden (Newport East) (Lab)
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Steelworkers in the community I represent will be very much thinking of those at British Steel sites who are affected by today’s announcement. Does the Secretary of State acknowledge that the uncertainty around thousands of jobs, including those in the supply chain, could pose a threat to other steel companies because of the potential weakening of the supply chain? The Government must show by their actions that they value manufacturing.

Greg Clark Portrait Greg Clark
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It is important that we consider and act on the impact on the wider supply chain, and the group I propose to bring together to support British Steel will include representatives of the suppliers. I will set out further details of how we might do that in the days ahead.

British Steel: EU Emissions Trading Compliance

Debate between Greg Clark and Jessica Morden
Wednesday 1st May 2019

(5 years, 6 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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I am grateful for my hon. Friend’s welcome. I know that his constituents would have faced a worrying time had this liability crystallised on the company. In fact, British Steel has free allowances to cover its emissions. It is not a question of this being, as it were, a punitive tax; because British Steel operates in an internationally competitive sector, it has allowances to cover the costs that it incurs. It is a question of matching up the timing of the new allowances with its obligations. In this case, we found a way to square that circle.

Jessica Morden Portrait Jessica Morden (Newport East) (Lab)
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Today’s statement is about specific support for British Steel, and I completely understand the position we are in. However, as the hon. Member for Monmouth (David T. C. Davies) said, other companies out there that have incurred significant costs will ask what support the Government might offer to them. What will the Minister say to them?

Greg Clark Portrait Greg Clark
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The hon. Lady will know that, through the industrial strategy and our work with particular sectors, we have a strong record of investing in the future potential of industries. Steel is part of that, but as she will know, we have increasingly deep working relationships—whether with the automotive, life sciences or the creative industries, or other sectors such as construction—to make sure that we capitalise on our strengths in this country, which are innovation and discovery, putting ourselves at the cutting edge. That is available and is being well exploited across the economy. I hope and expect that the steel industry will be part of that investment in the capability and capacity to prosper in the future.

Oral Answers to Questions

Debate between Greg Clark and Jessica Morden
Tuesday 16th October 2018

(6 years ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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My right hon. Friend is correct in making the point that the next generation of diesel engines are very much less polluting than their predecessors. The road to zero strategy makes it very clear that diesel will continue to have a role for some years to come, and for some journeys it will be a particularly appropriate choice. My right hon. Friend will understand that the overall tax regime is a matter for the Chancellor.

Jessica Morden Portrait Jessica Morden (Newport East) (Lab)
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T9. The all-party group on steel and metal-related industries has written to the Chancellor ahead of the Budget calling for specific measures to help our steel industry. Will Ministers support these calls and when can we have a proper, much-needed sector deal for steel?

Leaving the EU: Airbus Risk Assessment

Debate between Greg Clark and Jessica Morden
Monday 25th June 2018

(6 years, 4 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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My hon. Friend is absolutely right. He will know that I spend time travelling around the world to encourage overseas investors to invest in our country and our economy. One of the reasons why they choose to do so is that we are a place of skills and ingenuity. We are also a place from which it is possible to export around the world, and we want to be able to maintain that. That is my purpose.

Jessica Morden Portrait Jessica Morden (Newport East) (Lab)
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Many of my constituents work in Newport and in Filton. I reiterate to the Minister that the Government’s failure to address the issues that Airbus raised about Brexit mean uncertain times for the workforce, and that includes the 500-plus apprenticeships that have been offered over the last five years in Wales. This is about jobs for our young people.

Greg Clark Portrait Greg Clark
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I am glad that the hon. Lady refers to the 500 apprenticeships because, as she will acknowledge, the sector has prospered as never before during the last few years, during which we have had a fantastic programme of joint investment in skills and in the technology of the future. That has been this Government’s deliberate policy. Through the industrial strategy, we are taking that forward, and I am determined that we will be able to create markets around the world—including the European Union—for those products to be exported to.

Oral Answers to Questions

Debate between Greg Clark and Jessica Morden
Tuesday 13th March 2018

(6 years, 7 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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I share the hon. Gentleman’s enthusiasm for green energy, as he knows, and I am proud of our achievements. Since 2010, we have quadrupled the proportion of our electricity that comes from renewable sources. However, as the hon. Gentleman understands from being on the Select Committee, we also have a responsibility to minimise the impact on consumers’ bills. The Swansea proposal was very much more expensive—more than twice as expensive—as the Hinkley nuclear power station, for example. As I said, though, we are in discussions with our colleagues in the Welsh Government. I do not want to close the door on something if it is possible to find a way to justify it as being affordable to consumers.

Jessica Morden Portrait Jessica Morden (Newport East) (Lab)
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I, too, say to the Minister that making a decision on the Swansea bay tidal lagoon is important for Wales as a whole. There is huge potential for future lagoons around Newport following the Swansea pathfinder. It is really important that we do not pass up these opportunities.

Oral Answers to Questions

Debate between Greg Clark and Jessica Morden
Tuesday 12th September 2017

(7 years, 1 month ago)

Commons Chamber
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Jessica Morden Portrait Jessica Morden (Newport East) (Lab)
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T5. This week’s electricity grid connection deal would make the Cardiff tidal lagoon the UK’s largest renewable energy project, generating some of the cheapest power in the country, and it would be a big boost to Newport, but its potential can be realised only with the Government first backing the pilot project in Swansea bay. When will that happen?

Greg Clark Portrait Greg Clark
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I do understand the great interest in this matter. As the House knows, I am enthusiastic about renewable technologies, but we have an important responsibility to make sure that they proceed at a price that is reasonable for consumers, who pay through their bills. That is being assessed and I will report to the House when that assessment is finished.