(1 year, 9 months ago)
Commons ChamberI am proud of our track record. Not only were we pleased to support one steel company in south Wales that needed our assistance during coronavirus but we have provided more than £2 billion to support energy-intensive industries, including steel, with high energy bills. Thanks to the work of my colleagues, we have also removed the tariffs on exporting steel to the United States. The hon. Lady has my assurance that we will continue to support steel, because we recognise its importance to our economy and to our communities up and down the country.
As Chancellor, I was pleased to cut fuel duty by 5p a litre—the biggest-ever cut—to help motorists in our country. I recognise the concerns that my hon. Friend raises, which is why we asked the Competition and Markets Authority to conduct an urgent review of the market. There are some actions to be considered coming out of that review, and I look forward to meeting him and to working with the CMA to explore its recommendations in more detail.