(4 months, 1 week ago)
Lords ChamberI must respectfully disagree. This is a very sound plan to ensure that we have a future of steel-making not just in this country but in Wales. This plan will save 5,000 jobs. It will make the steel industry profitable and result in a crucial circular economy where we take our scrap metal and turn it into real steel rather than importing steel or ore from abroad. The Opposition are keen to copy the Conservative Party in so many of our policies, so I am surprised that in this instance they refuse to do so.
My Lords, does the Minister accept that there is an outstanding record of employee work in Port Talbot, and that there has not been a significant strike for 40 years there? In these circumstances, is it not outrageous that Tata should now threaten to take back the employees’ pension and redundancy packages to try to stop any industrial action? Is it not time that the Government got a grip on this to secure the future of this vital plant?
I am grateful for that point. All of us in government are very sensitive to the people whose lives will be affected, which is why we are putting so much money into this process—£100 million in the transition board. I take this opportunity to thank Tata for its commitment to invest £1.25 billion in regenerating the area and renewing the British steel industry. I urge the unions to maintain their very strong record of good relationships, to not go on strike and to work with Tata, so that we can deliver what will be an incredible benefit for the area and the country.
(1 year, 3 months ago)
Lords ChamberWe clearly import cars and run a global economy. I would like to raise to the House the importance of our trade deals. They will allow us, through the new rules of origin opportunities under CPTPP and so on, to make more cars with mixed-use components. I congratulate our Secretary of State, who is in Switzerland today to further this post-Brexit vision of Britain.
My Lords, given that the future of the motor sector will be related to electric cars, can the Minister address the inconsistency in the rates of VAT exercised with regard to the electricity in private households and that available at public charging points? For those who do not have the benefit of a private drive and the ability to charge cars by their own homes, can the Government move towards an equalisation of these charges?
My Lords, as always, I am grateful to the noble Lord for raising important points, and this debate continues. However, we are investing £381 million to ensure that we have the right number of points around the country so that people can have the infrastructure they need to run their electric vehicles and make this vital transition to a zero-carbon future.