Tuesday 17th July 2018

(5 years, 9 months ago)

Commons Chamber
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Lord Harrington of Watford Portrait The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Richard Harrington)
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I have met my hon. Friend to discuss his Bill, and we fully understand that the practice of retention has caused problems for the construction industry supply chain. We are fully committed to tackling the issue, but any action we take needs to be robust, proportionate and evidence-based. We have listened and consulted, and we will shortly be publishing the response to a public consultation considering several options including a retention deposit scheme.

Gill Furniss Portrait Gill Furniss (Sheffield, Brightside and Hillsborough) (Lab)
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UK steelmakers are paying up to 50% more for their electricity than their European counterparts, which is reducing their competitiveness on the global stage. Ofgem’s targeted charging review is set to exacerbate the situation. What representation has the Minister made to Ofgem regarding its review and the effect of that review on both the steel sector and energy-intensive industries in the UK?

Lord Harrington of Watford Portrait Richard Harrington
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We meet Ofgem very regularly to discuss this and other matters, and we are very aware of the situation. As the hon. Lady knows, I have met many companies in the steel industry and discussed this, and it is very much part of our discussions with Ofgem and others.