Protecting Steel in the UK

Debate between Jonathan Reynolds and Mark Pawsey

Tuesday 23rd January 2024 Commons Chamber

[Jonathan Reynolds]

I will take an intervention from the Government Benches, then one from my hon. Friend the Member for Leeds East (Richard Burgon), and then I will take no more.

[Mark Pawsey (Rugby) (Con)]

Is the hon. Gentleman overlooking the half a billion pounds that the Government will contribute to Port Talbot, or the £1.25 billion in total? When the Business and Trade Committee visited Port Talbot, we saw a plant badly in need of new investment. This Government are bringing forward that investment and securing a future for the steel industry.

[Jonathan Reynolds]

I am not ignoring that investment; I am making the case that it is a bad deal and that there is a better deal for the resources available that would satisfy far more of our objectives and give a better future to Port Talbot.