Steel Industry (Nationalisation) Bill

Calvin Bailey Excerpts

Committee of the whole House
Tuesday 9th June 2026 Commons Chamber

[Sarah Olney]

Thank you for your guidance, Madam Chair. I will reframe my remarks slightly, because they relate to the intervention that I took.

Steel producers in the UK are heavily integrated into international supply chains, and continued access to frictionless or improved export arrangements is vital for sustaining jobs and production. From 1 July, the Government will limit tariff-free steel imports. Although in many ways that will support business, there is a lack of certainty about costs and the impact on downstream manufacturers is still opaque.

[Mr Calvin Bailey (Leyton and Wanstead) (Lab)]

Perhaps I can give the hon. Lady a moment to gauge where she is in her notes while I take her back momentarily to amendment 7. She spoke about the importance of steel to our defence industry, which is therefore central to European security and to deterring the threat of Russian rearmament, but amendment 7 would produce significant procedural barriers and slow down our ability to use the Bill. Does she agree that such amendments risk causing serious impediments to supply-chain security, particularly for our defence industry?

[Sarah Olney]

I am grateful to the hon. Gentleman, not least for underlining the real importance of the steel industry to our defence industry and the heightened importance of sustaining our defence industry, and all the companies and the jobs associated with it, in this time of heightened global instability. Liberal Democrat Members certainly believe that support for our defence industry is paramount at this time, but it is important that Parliament gets the opportunity to scrutinise all the costs associated with the proposed undertaking should the Government choose to exercise the powers in the Bill. That is the purpose of amendment 7.

Clause 52 will give the Secretary of State broad powers to establish compensation arrangements linked to the exercise of transfer powers, including transfers of shares, property rights and liabilities. Amendment 4 would require the Government to report not only on the existence of compensation schemes under the clause, but on the compensation actually paid under those schemes.

My new clause 6 would strengthen parliamentary scrutiny of any future financial assistance. It would require, before any assistance is provided, the Secretary of State to lay a detailed proposal before Parliament, setting out the nature and amount of assistance and the intended beneficiaries, the purpose and expected effect, and any associated conditions, including repayment terms, guarantees, indemnities or other liabilities.

In a similar vein, new clause 4, in my name, would introduce parliamentary oversight, and compel the Government to bring forward a resolution for any expenditure by the Secretary of State under part 2 that exceeds £500 million, which is roughly equivalent to the annual cost of keeping the Scunthorpe plant running, based on the publicly available figures. The clause reflects the principle that, where significant public funds are being committed, there should be clear parliamentary control and oversight of the overall financial exposure. By setting a defined limit, it would ensure that expenditure does not escalate beyond what has been explicitly agreed by Parliament without further democratic approval. The measure is designed to ensure a balance between enabling necessary intervention and maintaining proper oversight of the total level of public expenditure involved. I urge hon. Members to vote in favour of the new clause.

Steel is a valuable sector with far-reaching benefits across the UK for critical infrastructure projects, defence and the future of renewable energy. The steel industry is vital to so many of the UK’s national strategic priorities. The Liberal Democrats support the Government’s pace and urgency in taking action to assist the steel industry, but there is a significant need for greater transparency and accountability relating to how these measures will be exercised. There is potential in the Bill to improve training opportunities for steel exports, and I urge Ministers to consider our proposals on that matter.

--- Later in debate ---

[Mr Perkins]

I agree 100% about the importance of protecting skills, which has been a huge priority of mine throughout my time in this House. The hon. Gentleman is absolutely right that skills have been lost from the sector, as we tragically and foolishly allowed the steel industry to be stripped away, as he rightly pointed out, by the Conservative party. That has been tremendously damaging to our national security, our economy, our industry and, as he rightly says, the skills base in this country.

I am very supportive of what the Government are doing in this Bill. I would like to take the opportunity to speak, as I did a moment ago, to a question raised with me that is somewhat parallel to the narrow terms of the Bill, but is relevant to amendment 6 and to amendment 5, which has not been selected. We are—absolutely sensibly—taking measures on the tariffs to prevent the dominance of the Chinese steel industry, which sells steel at ludicrously cheap prices and is attempting to get all other countries to lose their steel industries so that we will then all be dependent on China. However, we have to be careful that we do not cause unintended consequences for British manufacturers that use steel and for our international competitiveness. We do not want to end up in the position of, for example, rolled bar, where we do not have reliable and strong provision of that here in the UK. We need to tread carefully with this. I know the Minister is on this, but I take this opportunity to come back to that point.

I have already written to the Secretary of State about a manufacturer in my constituency that makes transport ramps out of steel, and three other companies in the constituency are more directly involved in steel stockholding and have products manufactured out of steel, and they are all deeply concerned about where we currently are on this.

I know we have the current plan for 1 July—that is not far away at all. If we do not get this right, the consequences could be extraordinarily serious. I know that is on the Minister’s list and that it is prominent in his mind, but I add my call to all those others who say that we need to tread extremely carefully. With that, it remains only to say well done to the Minister and the Government for their continued backing of steel, and I look forward to seeing this—

[Mr Bailey]

Will my hon. Friend give way?

[Mr Perkins]

I was just about to finish, but if my hon. Friend thinks that it cannot wait, I will happily bring him in.

[Mr Bailey]

My hon. Friend has been speaking about the steel strategy in the round. I wish to echo his remarks about the lower part of our defence sector, but there are also our small and medium-sized enterprises that make things that are not necessarily identifiable as tangible defence things. We need to ensure that we understand the types of steel that they require and the consequences of the tariffs on them. It is also important that we understand the steelmaking strategy as a whole, so from ore all the way through to direct reduced iron. We need to ensure that in gaining our sovereignty, we can create more reliable partners and separate some of the places that produce ore from the production that has traditionally been done in China. Does he agree that is something we must ensure is encompassed in this? That is why I am concerned about some of the amendments that have been tabled.

[Mr Perkins]

I absolutely agree with my hon. Friend, who clearly speaks with great knowledge on these subjects. He makes an important point, once again raising the importance of this whole area of legislation to the defence industry and to sovereign capability. The reality is that our defence industry is crucial economically, for jobs and for our national protection, but also for exports. We should absolutely welcome those British manufacturers making things here and selling them across the world. If we inadvertently cause them to be less competitive, we will rue the day, so we need to tread carefully. But his point about ore and those amendments is well made.

I will sit down now, but I tell the Government that they have my absolute support on this approach to the nationalisation of British Steel, and I ask the Minister to respond to the points I have made.

Steel Industry (Nationalisation) Bill

Calvin Bailey Excerpts

2nd reading
Thursday 21st May 2026 Commons Chamber

[Peter Kyle]

As the right hon. Lady knows, I have been to Port Talbot and I have launched a steel strategy since this Government came into office. The vast majority of the decline that she describes happened under the previous Administration. We are cleaning up the mess on a whole bunch of fronts and in different areas of our public life. This Government have invested £500 million into that plant, and we have launched a steel strategy that I believe will give it a fruitful and prosperous future. We are doing what it takes to be the partner needed in these times.

[Mr Calvin Bailey (Leyton and Wanstead) (Lab)]

The nationalisation of the steel industry explicitly links our domestic and international policies. It demonstrates the need for us to go out and champion our steel sector by filling its order books, as we have been able to do because of the wonderful trade deal created with Nigeria, which is expanding its ports and railways, that has been achieved by this Government. That is the type of work that I am doing in southern Africa, and it is the type of work that we should all be going out to do on behalf of our country and our growth agenda.

[Peter Kyle]

The work that my hon. Friend is doing is incredibly important to fulfilling the mission, and the possibility that the British steel sector has in the 2020s and going forward. That is the purpose of having a strategy where we invest and modernise, and then at times we need to protect as well. These are the things that we are doing to deliver a long-term, sustainable and global future for Britain’s steel industry.

Sale of Fireworks

Calvin Bailey Excerpts

Monday 19th January 2026 Westminster Hall

[Robbie Moore]

I have spoken about this issue for the last six years, so if the Government take any action after today’s debate, I will welcome it. I want both the recommendations put forward by the two petitions, which have been signed by over 376,000 people, to be listened to, acted on and enforced.

[Mr Calvin Bailey (Leyton and Wanstead) (Lab)]

Will the hon. Member give way?

[Robbie Moore]

I will, for the final intervention.

[Mr Bailey]

The hon. Gentleman is being extraordinarily generous. A mother in my constituency of Leyton and Wanstead was chased down the high street by some children firing fireworks at her and her kids. Her children spent the evening cowering under a table, suffering trauma. None of them was able to identify the perpetrators of what is clearly a crime. That is a police matter, but does the hon. Member agree that stronger restrictions are necessary to deal with situations where it is difficult to identify the perpetrators of firework crime?

[Robbie Moore]

I agree. Although enforcement is challenging, those carrying it out can be helped by tougher legislation. We need to learn the lessons from north of the border, up in Scotland, and what the SNP Government have rolled out. However, recommendations upon recommendations have been put forward to Governments of all colours over a period of time. I hope that now we will see action from the Minister.

I say it again: enough is enough. Public support for national change on fireworks is overwhelming. They disturb the peace of entire neighbourhoods, terrify pets and leave vulnerable people trapped in their homes throughout the year. If we choose to continue to ignore the issue, I fear the inevitable: there will be more unnecessary deaths, injuries and traumas for victims of fireworks in the future. In the face of such concern, there must be action, and that cannot occur until we have the full weight of the Government behind us. The Government have the power to end this nightmare for all, and they should do so without delay. I thank hon. Members for giving me the time to take as many interventions as possible. Let us have a good debate.

Industry and Exports (Financial Assistance) Bill

Calvin Bailey Excerpts

2nd reading
Monday 15th December 2025 Commons Chamber

[Mr Calvin Bailey (Leyton and Wanstead) (Lab)]

This is an important Bill, not only for the agenda of increasing trade and therefore economic growth, but for our entire foreign policy in this chaotic and insecure international environment. My work over the past year as trade envoy to southern Africa has shown me just how important joined-up trade finance is to our diplomacy and to securing UK interests around the world, particularly, as my hon. Friend the Member for Middlesbrough South and East Cleveland (Luke Myer) said, in the steel industry. In many contexts, but particularly in Africa, economic diplomacy that centres trade and investment is what our partners want from us, and this is reflected in the new UK-Africa approach that was launched earlier today. Unless we have the means to commit financially and an anchor to bring together UK businesses and investors, there will be many serious challenges that we cannot overcome.

We need to build partnerships on critical minerals that protect our economy from the weaponisation of supply chains, particularly by China, and to implement the new critical minerals strategy. We need to create deeper economic ties with fast-growing countries and regions, including many of our partners in Africa, because we have been losing out on serious growth opportunities for the lack of a focused, strategic approach over the past decade and a half. We need to show our partners that we have a modern approach to international development that recognises and works with their own strategies and ambitions and therefore puts economic transformation at its heart. This requires us to be much more joined up across Government, and to do more with the resources available.

I want to ask the Minister how the changes in the Bill will complement UK Export Finance’s update of its own strategy. How will we enable organisations with a very long-term focus, including not only UKEF but British International Investment, to be more nimble and more ambitious in working together with our diplomats? As the Minister knows, I firmly believe that what our partners want from the UK is the exercise of cohering power: not providing the whole solution to our shared challenges, but being more willing to step forward and play a leading role in building that solution. Within this, our institutions could provide a bigger economic impact and secure far more UK influence if they worked more in collaboration on larger projects such as infrastructure, trade corridors, energy grid developments and critical minerals processing. This includes working together with close partner institutions, such as those of Japan and Canada, as well as with our EU partners.

The Minister will have read my views on these matters. It is clear that the UK is viewed as a cohering partner in sub-Saharan Africa, and I hope that UKEF being front and centre of that cohering international co-operation will help to address Chinese influence in the region. How does he think we can more effectively support UKEF and others to do that, given that it may require a more nimble and flexible approach than the UK institutions are used to? Today’s Africa approach rightly highlights the UK’s support for the African continental free trade area, but promoting intra-Africa trade and the critical agenda to move up the value chain often requires us to look across borders and apply a regional lens when we assess which projects to support. Can the Minister tell us how UKEF will do this?

Finally, I note that resource constraints are inevitably a threat to the implementation of the Africa approach, the critical minerals strategy and trade growth more widely. I have seen some innovative approaches across the continent that we can learn lessons from, including greater use of chambers of commerce to ensure that country and regional expertise on UK trade and investment relationships is preserved. I want to pour praise on the ambassadors in Mozambique, Zambia, Gabon, the Democratic Republic of the Congo and Angola, who have all demonstrated exceptional approaches to trade creation and innovation. I wish to ensure that they have the Minister’s support in the retention of those posts and our diplomatic network. Will the Minister set out how UKEF and our other key public institutions will work seamlessly across all mechanisms of government to ensure that we get the greatest value for public money, even when resources are tight?

Expanded trade finance through UKEF is an essential tool for putting these strategies into practice and making our country and our partners more prosperous and secure. The Bill takes welcome steps in fixing the framework governing UKEF and making that progress possible. I thank the Minister and his Government colleagues for their engagement with me on these issues over the past months, and I look forward to playing my part in driving this shared agenda forward.

[Madam Deputy Speaker (Judith Cummins)]

To wind up, with the leave of the House, I call the shadow Minister.

Critical Minerals Strategy

Calvin Bailey Excerpts

Monday 24th November 2025 Commons Chamber

[Chris McDonald]

The hon. Member makes a good point in that, ultimately, the delivery of any modern industrial strategy is fully dependent on critical minerals. The sectors he mentioned, such as space, are entirely dependent on critical minerals. I doubt that there has ever been a strategy presented in this House that has more fulsome backing of Cornwall than this one.

[Mr Calvin Bailey (Leyton and Wanstead) (Lab)]

The Defence Committee has been conducting a review of the AUKUS submarine programme and has recently published its review on European defence security. Secure critical minerals are central to both. Will the Minister explain how the strategy supports our national security strategy and the delivery of major defence programmes, such as the global combat air programme, the lightweight multirole missile, the new Typhoon radar and the new frigates?

[Chris McDonald]

My hon. and gallant Friend is right to raise the issue of AUKUS. I omitted AUKUS from the long list of international collaborations in my speech, but of course, there is an important role for AUKUS here through co-ordination between the nations involved. Our procurement reforms with the MOD will involve a supply chain centre where we will work with such international partners. He is also right to point out the economic opportunity through the export orders that the UK has recently secured. Having a supply chain of critical minerals in the UK will help the security of those exports.

UK-US Trade and Tariffs

Calvin Bailey Excerpts

Thursday 3rd April 2025 Commons Chamber

[Jonathan Reynolds]

The right hon. Gentleman knows the value that we place as a Department on the incredible product that is Scotch whisky. We have a particular set of policy initiatives on geographic indicators to make sure the brand is protected, and I always do everything I can to support Scotch whisky, which is just absolutely world class and always will be.

He is right to say that our joint success in Scotch whisky produces a prominence that sometimes makes it vulnerable to retaliatory measures because of the recognition of the success in that field. On domestic policy, I remain in close contact with the Chancellor on all matters and will do on this one. There are tremendous opportunities for Scotch whisky from some of the other trade negotiations that we are having, such as with India in particular, which is the biggest whisky market in the world, as the right hon. Gentleman will know. I think there could be real steps forward in terms of our market access there and the arrangements that we have, which will give us an advantage over other countries, and that is also a prominent part of our work.

[Mr Calvin Bailey (Leyton and Wanstead) (Lab)]

War does not benefit anyone. A trade war between the UK and its closest ally will not benefit our industry nor our people and will stifle our ability to grow our way out of 14 years of Conservative mess. For that reason, I thank the Minister for his pragmatic and cool-headed approach. However, the measures also threaten our ability to prevent military conflict here on the continent of Europe. Will he detail what action he is taking to ensure that our air and space industry can work with our European partners to implement the defence industrial strategy, which is central to ensuring peace here in Europe?

[Jonathan Reynolds]

My hon. Friend is absolutely right in his assessment of the burdens and benefits of solving the challenge we have been faced with by the announcements yesterday evening. He will know that the defence sector is one of the eight priority sectors of our industrial strategy. There is a whole range of work across areas like air and space that we are engaged in with Ministry of Defence colleagues. Of course, we have also had a significant increase in defence spending, which is a crucial part of how we respond to these threats. The US will always be a crucial security ally for us, and our shared interests—whether they are economic or in the defence and security space—are enduring. That is something we should always bear in mind as we try to find a way through.