Spending Review 2025

Debate between Martin Vickers and Rachel Reeves

Wednesday 11th June 2025 Commons Chamber

[Rachel Reeves]

This Government have provided £50 million in the spending review today, but we have also, I hope, done much more for Northern Ireland, providing a settlement that is a record since devolution, as well as significant investment in our defence sector. Northern Ireland has a proud history of producing for the UK’s defence needs.

[Martin Vickers (Brigg and Immingham) (Con)]

Of course I welcome the continuing support for Scunthorpe steelworks, but may I gently remind the Chancellor that that support came seven months after I first raised the issue in the House, and we then had the panic of the Saturday sitting in April?

The Chancellor mentioned support for the Viking carbon capture and storage project, for which, again, I have lobbied for a long time. Can she give me a little more detail about the timeframe?

[Rachel Reeves]

I thank the hon. Gentleman for welcoming what we did with British Steel in Scunthorpe. I know that he has been a strong voice advocating for British Steel there, unlike some of our late arrivals in another party. As for Viking CCS, I was very pleased to announce that funding today, along with the Acorn investment in Aberdeenshire. The Energy Secretary will set out, in due course, the timing and the money available, but after our investment in CCS in Merseyside and Teesside at the end of last year, we are now in a position to provide a second tranche in Aberdeen, and also in the Humber.

Oral Answers to Questions

Debate between Martin Vickers and Rachel Reeves

Tuesday 20th May 2025 Commons Chamber

[Rachel Reeves]

This Government have committed to increasing the proportion of civil servants who work in the north of England. But we already have a hub that we are expanding in Darlington, where eight Departments work, including officials from the Treasury. The Treasury is very mindful of the importance of investing right across the north of England—in Darlington, Leeds, Cumbria, Rossendale and Darwen and many other constituencies beside.

[Martin Vickers (Brigg and Immingham) (Con)]

The prosperity of northern towns is very much dependent on good transport connections. Will the Chancellor ensure that National Highways is adequately funded, so that it can improve access to the port and town of Immingham through improvements to the A180, and also that the Department for Transport has adequate funds to meet the modest amount that is needed to fund an extension of the King’s Cross to Lincoln train service through to Grimsby and Cleethorpes?

[Rachel Reeves]

I shall make sure that the Transport Secretary hears those requests, but the hon. Gentleman knows that our investment in British Steel, which will save that company, is set to increase the number of jobs there. That will make a massive difference to his constituents, as will the investment in renewable energy in the North sea, particularly around Immingham, creating good jobs and paying decent wages in his constituency and in many others, too.

Spring Statement

Debate between Martin Vickers and Rachel Reeves

Wednesday 26th March 2025 Commons Chamber

[Rachel Reeves]

Unlike the SNP, Labour supports investment and jobs in the defence sector in Scotland, which, in turn, supports people in Glasgow South West and across Scotland. There will be more good jobs for young people—more jobs paying decent wages— that will keep our country safe. That is what this party believes in. It is a shame that the SNP believes in something entirely different.

[Martin Vickers (Brigg and Immingham) (Con)]

A cloud hangs over the economy in northern Lincolnshire at the moment with potentially significant job losses at the Scunthorpe steelworks. In view of that, can the Chancellor assure us that funding will be available not only to look after any redundant workers, but to attract new business and provide retraining for existing workers?

[Rachel Reeves]

At the general election, we set out our plan for a steel fund as part of the National Wealth Fund. I understand the concern of hon. Members across the House about the future of the steel industry in this country. We were able to improve the deal for Tata, to protect more jobs in south Wales. We want a thriving steel sector right across the UK, and we will continue to work with the company and the trade unions to achieve just that.

UK-China Economic and Financial Dialogue

Debate between Martin Vickers and Rachel Reeves

Tuesday 14th January 2025 Commons Chamber

[Rachel Reeves]

Many of the benefits that we secured last week were for the financial services sector, and both Edinburgh and Glasgow are important hubs of financial services in the UK. Businesses such as Abrdn and Standard Chartered, which were on the delegation with me, have welcomed the tangible benefits, which will result in more jobs and more economic prosperity in Scotland and across the United Kingdom.

[Martin Vickers (Brigg and Immingham) (Con)]

It has been reported that the Chancellor was going to meet the owners of British Steel in China. Many of my constituents work at the Scunthorpe steelworks. While I appreciate that Ministers may not have reached a final decision on the steelworks, is she able to give reassurance to my constituents that she has had constructive engagement?

[Rachel Reeves]

My right hon. Friend the Business Secretary has met Mr Li, from Jingye, on a number of occasions. Talks are ongoing, but I am not able to provide an update on that today.

Oral Answers to Questions

Debate between Martin Vickers and Rachel Reeves

Tuesday 3rd September 2024 Commons Chamber

[Martin Vickers (Brigg and Immingham) (Con)]

The economic potential of the Brigg and Immingham constituency and the wider Humber region is heavily dependent on the renewable energy sector. However, there is a cloud on the horizon, with the future of Scunthorpe steelworks in doubt. Can the Chancellor give an assurance that if there are redundancies at Scunthorpe, there will be a generous package of support for workers and investment through the local authority to redevelop the area?

[Rachel Reeves]

The hon. Gentleman speaks powerfully about the huge opportunities at Immingham and on the whole east coast through renewable energy and carbon capture and storage. Part of the reason for the national wealth fund is to invest in industries such as CCS, but also in our crucial steel sector, which is important to so many of the other Government ambitions on growing our economy. We are determined to support the steel sector through that investment from the national wealth fund.