Ian Paisley
Main Page: Ian Paisley (Democratic Unionist Party - North Antrim)(1 year, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text
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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.
Ian Paisley (North Antrim) (DUP)
I agree with the Minister that this is a most regrettable situation. It is a blow to the automotive sector in the United Kingdom. Battery integrity for the UK is essential if we are to save the industry, but if we are in a race to beat China, it is a race that we cannot win. To follow on from the question that the hon. Member for Wansbeck (Ian Lavery) asked, is the Minister engaging in roundtable talks with other suitors who could step into the shoes of the failed directors and try to reinvest in and reinvigorate opportunities in the sector? Is this also an opportunity for the Minister to look afresh at the opportunities for hydrogen, in which we are ahead of China?
Graham Stuart
We are engaging with the Department for International Trade—as I hope the presence in the Chamber of my right hon. Friend the Minister for Trade Policy indicates—to make that case to investors. We have the green finance strategy, as I say, and our response to the Climate Change Committee and to the judicial review are coming up in the coming weeks, sending a real signal of the investability of the UK in the green sectors. I know that the hon. Gentleman, perhaps unlike the right hon. Member for East Antrim (Sammy Wilson), is an enthusiast because he can see the economic opportunity; if the hon. Gentleman can use the few feet between the two of them to educate his right hon. Friend, he will be an even greater politician than I thought he was already.