Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Jessica Morden Excerpts
Tuesday 11th March 2014

(10 years, 9 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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The reality is that the west midlands, as with other parts of the country, is growing strongly. Today’s figures show that manufacturing has grown by 3.3% over the past year, and that is particularly important for the west midlands. The reality is that we are moving into a period of growth, and that is encouraging. Further work needs to be done, but the truth is that this Government have succeeded in turning around the mess that we inherited.

Jessica Morden Portrait Jessica Morden (Newport East) (Lab)
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13. What discussions he has had with energy-intensive industries on measures to be included in the 2014 Budget.

Baroness Morgan of Cotes Portrait The Economic Secretary to the Treasury (Nicky Morgan)
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I meet a range of companies and industry bodies to discuss energy issues and their impact on business. The Government take the competitiveness of energy-intensive industries very seriously. We have made a package of £400 million available until 2015-16, and we continue to explore ways to ensure that our energy-intensive industries remain competitive.

Jessica Morden Portrait Jessica Morden
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Last week, job losses were announced at Orb steelworks—a subsidiary of Tata—in my constituency. The combination of high energy prices, the carbon floor price and the renewables obligation has hit the UK steel industry much harder than its competitors. Will the Minister acknowledge that there needs to be a package of measures in the forthcoming Budget, because unfortunately what the Government have done so far has just not been enough?

Baroness Morgan of Cotes Portrait Nicky Morgan
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First, may I express my sympathy for anybody whose job has been either lost or put at risk? I know that Wales Office Ministers have been in close contact with energy-intensive industries in Wales and have had discussions with both the Department for Business, Innovation and Skills and me about these issues. The Government recognise that the rise in energy costs is a key issue for many businesses, especially given the lower than expected European carbon price, and we will of course listen to all concerns expressed in relation to these issues.