Oral Answers to Questions

John Slinger Excerpts

Thursday 2nd July 2026 Commons Chamber

[Peter Kyle]

I am grateful to the right hon. Gentleman for his informed question. I, too, celebrate this important appointment and the Office for Investment is doing great work. The criteria for success that I see are how Britain can get more scale-up investment into companies, so they do not have to go elsewhere around the world to find the capital they need to grow, and how more people can start, build and scale right here in the UK. I often ask myself why the continent of Europe does not have a single trillion-dollar company. The Office for Investment, working with the Government, can start to answer that question.

[John Slinger (Rugby) (Lab)]

When I visited NDT Equipment Ltd in my constituency, the director Dan Lenton showed me the ultrasonic test calibration blocks and reference pieces that it uses and supplies to manufacturers in a wide range of sectors in the UK and abroad. This steel is not manufactured in the UK; it is imported and is high grade. I know Ministers are being flexible and talking to hon. Members. Will the Minister please consider the grade of steel that the company uses, which I believe is EN3B, and exempt it from the tariffs?

[The Minister for Trade (Chris Bryant)]

We have already laid out our steel trade measures, which are there to ensure that the UK has a steel industry. This is vital for our economic future. I want to make clear that 73% of all steel imports into the UK are not in scope of the measure, but I will, of course, look at this specific issue. If my hon. Friend would like to have a meeting with me and officials, we can make sure that that happens.