Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Chris Leslie Excerpts
Tuesday 19th January 2016

(8 years, 11 months ago)

Commons Chamber
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Chris Leslie Portrait Chris Leslie (Nottingham East) (Lab/Co-op)
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If the Chancellor keeps shrugging off the threat to the very existence of some of Britain’s core strategic industries, such as steel, is there not a danger that when our country really needs those resources and that extra capacity for our national security no less, they might not be there at all?

George Osborne Portrait Mr Osborne
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Of course the redundancies that have been announced at Tata Steel and elsewhere in the steel industry are a real matter of regret. We are providing all the support we can to the families who are affected and helping them to get into work. We are backing the steel industry by responding to its requests that we cut energy bill costs—that policy comes into effect today; that we change the rules around procurement so that companies and the Government buy British steel; and that we take action internationally against cheap imports from China. Not one of those things was done when there was a Labour Government, and during that period the number of steel jobs in this country fell by 50%. We will not take lectures from the Labour party, but we will back our steel industry.