Tata Steel

Baroness Farrington of Ribbleton Excerpts

Thursday 16th October 2014 Lords Chamber

[Baroness Neville-Rolfe]

My noble friend is right to mention that background but there is some good news in this area. As I said, we are introducing a £7 billion package, part of which is already paying out compensation for additional costs in the energy-intensive industries, including steel.

I should also respond to the point that was made about cheap imports and dumping. That is something that we discuss with our EU counterparts. Obviously, it is mainly a matter for the EU but we are well aware of the importance of keeping an eye on it.

[Baroness Farrington of Ribbleton (Lab)]

My Lords, will the Minister confirm—or otherwise—that the Government recognise that working with the unions and the workforce is the way most likely to achieve a favourable result?