Oral Answers to Questions Debate
Full Debate: Read Full DebateHolly Mumby-Croft
Main Page: Holly Mumby-Croft (Conservative - Scunthorpe)Department Debates - View all Holly Mumby-Croft's debates with the Department for Business and Trade
(1 year, 2 months ago)
Commons ChamberI fundamentally disagree with the hon. Gentleman. He mentions Manchester; since October 2022 we have invested £2.6 billion into projects across England and agreed landmark devolution deals for Greater Manchester. He should be speaking to the Mayor of Greater Manchester to find out exactly why all that we are doing is not reaching the people in his constituency.
I am in constant conversations with specific companies to do with steel, including British Steel in my hon. Friend’s constituency, but of course those conversations are often commercially sensitive. I was delighted to speak at the event she hosted in Parliament to celebrate the launch of the Government’s updated steel procurement policy note, which will help to make opportunities more visible and maintain a level playing field for UK steel producers. In the financial year 2021-22, relevant public procurers bought around £365 million-worth of UK produced steel. Furthermore, the Government have provided around £730 million in energy costs relief to the sector since 2013.
Can my hon. Friend set out specifically what is being done to ensure the continued production of virgin steel in the UK?
Steel is vital to the UK, but we know that the industry needs to decarbonise for a sustainable future. The Paris agreement made it clear that the sector had to reduce its global emissions by 93% by 2050. The Government are actively engaging with the sector on how best to achieve that, but decarbonisation pathways for specific sites will be commercial decisions for individual companies. Industrial sectors, including steel companies, can bid into Government funds worth hundreds of millions of pounds to help them go green. As I mentioned, we have done a huge amount to support energy intensive industries.