(2 weeks, 4 days ago)
Commons ChamberMy hon. Friend knows that I believe the workers at that mill in her constituency are a national asset and that I want them to have a strong future as part of our overall steel strategy. We are closely monitoring the specific situation there, which colleagues will be aware of, and are determined to find the outcome that she and I would want to see.
The Prime Minister routinely states his unwavering support for Ukraine, yet as a result of UK Government inaction, British businesses continue to bankroll Putin’s brutal war on a colossal scale. Since the beginning of Russia’s full-scale invasion in 2022, a whopping £205 billion of Russian fossil fuel exports have been shipped by our own UK-based maritime companies or by ships with our own UK-issued insurance. Astonishingly, one company, Seapeak, has carried almost a quarter of Russia’s liquefied natural gas exports. Can the Secretary of State give us an update on what the Government are doing, and deal with this immediately?
I am concerned by the figures the hon. Gentleman raises; if he writes to me, I will look into that immediately. We have taken extensive action to sanction not just individuals, but the shadow fleet, as it is described, transporting Russian fossil fuels, and are willing to take any action necessary.
(1 month, 4 weeks ago)
Commons ChamberThe amount of working capital provided to British Steel to date stands at £94 million, which is considerably less than if we had given a large amount of money to Jingye, or if we had had to deal with the complete loss of the entire British Steel site and business.
Modelling by the Scottish Government has shown that Brexit-made barriers are likely to have reduced Scottish exports by £3 billion, compared with continued EU membership. Greater co-operation and a closer relationship with the EU will always be encouraged by SNP Members, but does the Secretary of State recognise that anything short of full single market and customs union membership continues to damage Scotland’s economy?
(3 months, 2 weeks ago)
Commons ChamberThe simple position is that we will represent the UK’s national interest in this matter. The US has objections about its significant deficits in manufacturing goods with China and the EU, but that is not the relationship between the US and the UK, so there is a chance for the UK to pursue a different policy —one that produces greater benefits for every part of the UK than perhaps are available to other countries. Of course we are cognisant of the overall impact—no one wants to see this type of turmoil in the global economy—but our job is to deliver for the UK, and that is exactly what we are focused on doing.
(6 months, 1 week ago)
Commons ChamberI am sorry if the hon. Lady missed it, but I was clear that what we have announced today does not change the provisions in the original contract agreed by the former Conservative Government. What has changed is that we have saved all four of these yards, at a time when we could have lost them all through the inability of the previous Government to take the action required, so it is an incredibly positive story. We have saved the position of those yards and guaranteed those jobs, and not for months but for years to come.
I take this opportunity to wish you a merry Christmas, Madam Deputy Speaker.
I thank the Secretary of State very much for what is wonderful news for all four sites across the UK. Obviously, I am going to be slightly biased towards the two in Scotland, one in Arnish on the Isle of Lewis and the other in Methil in Fife—that is very welcome news in the week before Christmas. I also thank the Government for their co-operation with the Scottish Government over the past months, particularly in the early days when UK Labour had come into government, and I put on record the work that the Deputy First Minister of Scotland, Kate Forbes, has contributed.
I have a couple of questions. First, given that we are moving forward, are the workers’ current terms and conditions going to continue as they are? Secondly, I have listened to what has been said about future contracts. We know that both yards in Scotland will be protected for the next two years, but can the Secretary of State tell us a little bit more about the longer-term sustainable footing, not least because this company has changed hands three times in the past four years?
I am grateful to the hon. Gentleman for his observations and questions. It was really important to us that we keep all four yards together—there had been an assessment that, for understandable reasons, the Belfast yard was more commercially valuable, so there was a real chance that any unstructured rescue package could have lost the two Scottish yards. There were question marks about those yards in particular, so keeping the business together and protecting the future of those workers was hugely important to us, and I am delighted that we have been able to achieve that.
The job guarantees for the non-Belfast yards will last for two years. The guarantee is for 90% of the overall job numbers, simply to provide the usual degree of flexibility in running that business, but that guarantee covers the majority of the workforce and keeps them in place. The deal also comes with investment in those Scottish yards, so whatever the future holds, those yards will be even more competitive and more able to bid for the kinds of contracts that will secure the long-term prosperity we are all seeking. I am always genuinely willing to work with colleagues across any part of the UK to secure the kind of outcome we have achieved today, and I am grateful to the hon. Gentleman for recognising that.