Steel Safeguards

John Penrose Excerpts
Wednesday 29th June 2022

(1 year, 10 months ago)

Commons Chamber
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Anne-Marie Trevelyan Portrait Anne-Marie Trevelyan
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The hon. Gentleman is right, and we want to see those new, innovative solutions coming through across the UK, including in Northern Ireland, where we are seeing incredible growth in innovation in a number of areas—for example, in high-end engineering, where we continue to see real leadership as those innovative ideas come to fruition. He is absolutely right that the challenge of energy prices affects transport costs, as well as many other areas for businesses, and the whole Government are incredibly focused on finding support for business.

John Penrose Portrait John Penrose (Weston-super-Mare) (Con)
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President Reagan once said that there is “nothing so permanent” as a temporary Government subsidy. I therefore gently say to my right hon. Friend that, unless we fix the underlying structural problems, including the energy cost problem, which we have heard about on multiple occasions, she will be coming back here in two years’ time—and again after that, and again after that—to prolong these measures. That will put a very serious dent in the Conservative party’s free trade credentials.

May I, further, press my right hon. Friend on the point in her statement that this decision has been taken with reference to the ministerial code? Given the comments in Lord Geidt’s resignation letter, will she please confirm that this decision is not just “with reference to” the ministerial code but “compliant with” it?

Anne-Marie Trevelyan Portrait Anne-Marie Trevelyan
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The Department for International Trade has had no contact with Lord Geidt, although I understand that, obviously, the Prime Minister and his former adviser spoke regularly on a number of matters. The Government have a duty to use their democratic mandate to the greatest possible effect to protect the interests of the British people and provide leadership, and the balanced decision I have reached is that today’s course of action is the right one.

To my hon. Friend’s point, these measures are only temporary and can last only a further two years, so the challenges of solving some of the big structural questions are closer to us than ever before—they are not getting further away. We will continue to work closely with the industry, so that, as these safeguards fall away in due course, we support it to move towards becoming the modern steel industry we all need.