Oral Answers to Questions Debate
Full Debate: Read Full DebateMiriam Cates
Main Page: Miriam Cates (Conservative - Penistone and Stocksbridge)Department Debates - View all Miriam Cates's debates with the Department for Business, Energy and Industrial Strategy
(4 years, 2 months ago)
Commons ChamberIt is no secret that there is plenty of discussion about a national infrastructure bank. The Green Investment Bank, which was set up in 2015, was successful, and this is something that we are constantly in conversations about.
BEIS continues to engage with industry and suppliers to ensure that we can support our manufacturing sectors during and after the covid-19 crisis. This includes an unprecedented package of Government support to help with business continuity and drive recovery after the pandemic.
Steel manufacture is the heart and soul of towns like Stocksbridge in my constituency. It provides high-skilled, well-paid, productive jobs. Once we have left the EU, we will be free to use our procurement processes to favour British manufacturers. Will my hon. Friend commit to grasping this opportunity to make sure that our infrastructure revolution helps to secure the future of British steel?
The Government have helped our steel industry to compete globally by providing more than £480 million in relief to the sector for electricity costs since 2013. We want to ensure that UK steel producers can compete for and win contracts associated with domestic infrastructure investments, including HS2. We are working closely with the sector and other relevant parties to realise these opportunities.