UK Steel Production: Greensill Capital Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Miriam 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
(3 years, 1 month ago)
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Kwasi Kwarteng
The hon. Gentleman is quite right. The company has a range of assets spread across England and Wales, in particular, and we are looking very closely at what specific assets and jobs are necessary. We hope to support the company in its entirety.
Miriam Cates (Penistone and Stocksbridge) (Con) [V]
The funding challenges faced by Liberty are serious, but I have been reassured by meetings with my right hon. Friend, and by the Prime Minister’s response to my question yesterday, that the Government are committed to doing whatever is possible to safeguard jobs and livelihoods in the UK steel industry. However, in the longer term, for steelmaking to thrive in the UK, we must make sure that UK infrastructure projects use environmentally friendly UK steel, providing well-paid jobs and helping to level up. Will my right hon. Friend assure me that future procurement processes will favour British steelmakers such as Speciality Steels in Stocksbridge?
Kwasi Kwarteng
I reassure my hon. Friend, whom I have met on several occasions on precisely this issue, that we remain committed to decarbonised steel and a decarbonised industrial strategy, which I have referred to. That is the basis on which we can have a strong future for the industry.