Speciality Steel UK: Insolvency

Gill Furniss Excerpts
Tuesday 2nd September 2025

(1 day, 14 hours ago)

Commons Chamber
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Sarah Jones Portrait Sarah Jones
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The right hon. Gentleman should perhaps go for a tour and see what the speciality is, but it is defence, aerospace and industrial engineering on the Stocksbridge site. The Rotherham site has two electric arc furnaces, which feed the Stocksbridge site, and there is huge expertise there. There are a number of other sites that feed various sectors, such as the automotive industry, hydraulics and a whole range of others. There are a range of specialisms.

On the investigation, the official receiver will look at what is true and what is not, because there have not been any accounts published for many years. They will establish what has happened. The Secretary of State has written to the Insolvency Service today to ask it to take special account of the Serious Fraud Office investigation, and to pass over any information it uncovers to the Serious Fraud Office, so that it can do its work.

Gill Furniss Portrait Gill Furniss (Sheffield Brightside and Hillsborough) (Lab)
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I congratulate the Minister on the decisions she has made in the last few weeks. We in Sheffield are very proud of our steel industry, and we want to resurrect it. We want people to be proud of the city, and to get into the same work that their grandparents did many years ago. Constituents who have been in contact with me on the issue will be very relieved, following the reassurance that the Minister has given, but if she could clarify the pension issue, that would offer even more reassurance.

I am so proud to hear our Minister speaking about steel, and I am quite disgusted at the way the shadow Minister, the hon. Member for Grantham and Bourne (Gareth Davies), and other Conservative Members have tried to pretend that they did not run down the steel industry. They never even had a steel strategy in all their years in office. They really ought to apologise for the absolute rubbish they were talking.

Sarah Jones Portrait Sarah Jones
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I thank my hon. Friend for pointing out the failings of the Opposition, which we all understand very well. On the pension issue, I recognise the concern that people will have. We have to let the official receiver get under the hood and work out what has been paid and what has not, because that is not clear. Once we know, we will look into that and do what needs to be done, but I do not want to say something on the subject until we know the reality.

Closure of High Street Services: Rural Areas

Gill Furniss Excerpts
Wednesday 5th February 2025

(6 months, 4 weeks ago)

Westminster Hall
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Jamie Stone Portrait Jamie Stone
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That is a wise point, and in calling me “gallant”, my hon. Friend refers to my service in the Territorial Army, but that is a different matter from the one before us today.

At the heart of the debate, surely, has been the need for private sector businesses to take responsibility for the public duty that historically these corporations held. There could be an awful lot more done on that front. Let us see what we can encourage them to do. Simply upping and leaving rural communities because they place more value on footfall found in urban centres is not acceptable. We have to say that the smaller communities are worth it, and encourage these businesses to be there just as much as they might head off to Glasgow, Edinburgh or Aberdeen in my own case, which is not satisfactory.

To conclude, if the private sector collaborated with the Government, and looked at ways to support the high street, real and proper progress could be made in keeping physical stores, bank branches and vital town centre businesses thriving and open in our rural communities. That is a great prize that would mean an enormous amount to our electorates in whatever part of the United Kingdom.

Gill Furniss Portrait Gill Furniss (in the Chair)
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Order. I remind Members that they should bob if they wish to be called in the debate. I also remind them that interventions are meant to be very brief if we are to allow everyone to speak in this big debate.

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None Portrait Several hon. Members rose—
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Gill Furniss Portrait Gill Furniss (in the Chair)
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We have quite a lot of speakers, so I will limit speeches to three minutes each so that everyone will get an opportunity to get in the debate. I reiterate that interventions should be brief so that colleagues get the opportunities that they are here for.

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None Portrait Several hon. Members rose—
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Gill Furniss Portrait Gill Furniss (in the Chair)
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Order. I ask Members to keep strictly to three minutes. You are going over that limit and speaking other people out. If you cannot keep to the limit, we will have to put the timer on, and you will be cut short.

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None Portrait Several hon. Members rose—
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Gill Furniss Portrait Gill Furniss (in the Chair)
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There are still many of you wishing to speak, so I will restrict you each to two minutes because we want to hear a response from the Minister and the spokespeople. I call Alison Hume.

Alison Hume Portrait Alison Hume
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I would like to give my time to somebody else. I have intervened on the subjects I wish to speak about.