Scunthorpe Steelworks Debate
Full Debate: Read Full DebateJohn Cooper
Main Page: John Cooper (Conservative - Dumfries and Galloway)Department Debates - View all John Cooper's debates with the Department for Business and Trade
(6 days, 9 hours ago)
Commons ChamberI would be happy to come to my hon. Friend’s constituency to have a look at and to talk to some of the people who work in the steel business. Huge numbers of organisations and businesses across the country rely on, use, and produce things from steel, and we need to ensure that we factor them into the conversations we are having. We are looking at the supply chains and how we boost industry more widely through our industrial strategy. We are looking at all the things—whether it is skills, R&D or access to finance—that businesses of all sectors have told us they need. Whether it is through the industrial strategy or the plan for steel, we are trying to ensure that we have a robust industry in this country so that jobs are not offshored and we have the security of knowing that we are producing the things that we need here in the UK.
Between 1997 and 2010, about 36,000 jobs were lost in steelmaking, or about half the workforce—that was under Labour, of course. I am concerned to hear talk today about nationalisation, and I say that with due deference to my hon. Friend the Member for Brigg and Immingham (Martin Vickers); the old joke is that if we want to stop crime paying, we should nationalise it. Given that this Government could not run a bath, never mind the steel industry, would a better idea not be to support the industry with, as I have mentioned before, a golden share to give us some say over what happens? Again, is the truth not that the dogmatic pursuit of net zero is driving up energy bills in this country to a level that is simply not sustainable for industry?
I will repeat what I have said: we are looking at all the options on the table; we are talking to British Steel about the right outcome; and we will do what is right for our country and our industry. On energy prices, the hon. Member is right to raise the high costs of energy. The supercharger comes into effect this month, and British Steel will get support from that, as will other high-end energy-intensive industries. But he is right to point to that issue and we are looking at it.