Holly Mumby-Croft
Main Page: Holly Mumby-Croft (Conservative - Scunthorpe)Electric Vehicle Battery Production
Holly Mumby-Croft Excerpts(1 year, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Graham Stuart
In terms of vehicles on the road, as one of my hon. Friends mentioned, we are actually seeing record sales. We are seeing that transformation going ahead. [Interruption.] As the shadow Secretary of State rightly says from a sedentary position, we want to make them here—that is a shared aspiration. Today is not good news, but I make no apology for, with conditions, making that offer to Britishvolt because we wanted to help it. We did thorough due diligence and we wanted it to succeed, but it was unable to do so. If we want an enterprise economy, we will have failures as well as successes. We cannot have some kind of monolithic approach. We must keep going to deliver the industry we want, so that we can have the outcomes the hon. Gentleman and I desire.
Holly Mumby-Croft (Scunthorpe) (Con)
Clearly, this is unwelcome and sad news. Does my right hon. Friend agree that the Government must keep a constant eye on ensuring that the UK remains an attractive place for new investors and, alongside that, ensure that we retain the ability to make other materials that are essential for net zero, such as steel?
Graham Stuart
My hon. Friend would never miss an opportunity to promote Scunthorpe steel, and I applaud that. That is why she is rightly seen as a champion for her constituents, protecting their interests. Steel, like energy, is at the heart of almost every product and needs to be a fundamental part of our system if we are to have a successful economy.