We have been privileged to hear a masterclass from the hon. Member for Southend West (Sir David Amess)—I will call him the hon. Member for the city of Southend—on how to speak in the end-of-term Adjournment debate. I am a mere apprentice to his great talent.
I take this opportunity to pay tribute to steelworkers and their families across the country, and across the ages, for their contribution to our nation. They have been in the vanguard of its growth, prosperity and development. They are amazing men and women, and they have had some tough times and tough years. The last few weeks have been some of the toughest. Yesterday, British Steel, which employs 4,500 people in Scunthorpe and across the local area, with probably 20,000 people working in the supply chain, went into compulsory liquidation. Steelworkers and their families, the contractor base and people who work in the supply chain will understandably be worried and concerned, as I am. But I know that we have a good business, and the country needs this business. Despite the challenge, I am confident about the future.
A few months ago, after a public fundraising campaign, a statue dedicated to steelworkers across the ages was unveiled in Scunthorpe town centre. That iconic statue is a beautiful piece of public art, and people swarmed to the town centre from across the community to recognise it. It demonstrates how the industry cuts through everything that the local area is about.
Steelmaking and steelworkers belong to place. Place is very important in our past, present and future. Many new industries, including digital industries, have been established, and it is good to see that, but they are not as located in place; they can move quickly and freely across boundaries and countries. That creates a huge challenge for us all as policy makers. Place is important, and steelmaking has helped to create the place of Scunthorpe. The discovery in the 1850s of iron ore resulted in iron ore being mined for a long while and eventually led to the building up of the steel industry.
I am pleased to hear about the steelworkers’ monument that the hon. Gentleman has just mentioned. There is a firefighters’ memorial at St Pauls and a construction workers’ memorial at Tower Hill, but they have been there for only 20 years. It is important that we recognise the contribution of ordinary men and women—that may be in their industry, rather than as individuals—so I am pleased to hear that there is such a memorial in Scunthorpe for steelworkers.
And memorials to people who have helped to build this country; and memorials that include women as well as men. Most memorials to women in this country are actually to Queen Victoria, but the memorial in Scunthorpe includes a female steelworker and a male steelworker, recognising that it is through men’s and women’s work across the ages that this country has been built.
Steelmaking is the beating heart of the community that I am proud to represent. It is what gives the community its character and strength. Everyone has friends or family members who work in the steel industry or its supply chains. It provides high-skilled, well-paid jobs that drive the local economy, and has always been passionate about and committed to apprenticeships, training and investment—investing in community causes and the community effort. The supply chain and the contractor base are also hugely important.
As my hon. Friend the Member for Gateshead (Ian Mearns) said, this is not just an industry that is important to places around the country; it is an industry that is important to our country and it is part of our national asset. The strategic value of the steel industry is massive. It is a foundation industry that underpins our manufacturing and economic performance. If we are serious about being an independent and modern country, we need to have our own independent steelmaking capacity so that we have defence and infrastructure security, otherwise we are vulnerable to the whims and vicissitudes of others.
The strongest economies in the world have strong steel industries. Look at the countries with the strongest steel industries: No. 1—the USA; No. 2—China; No. 3 —Japan; No. 7—Germany. The UK currently comes in at No. 30. Do we want to drop further down the league table? No, we do not. If we are serious about punching above our weight and being a leader in the world, we cannot slip further down that league table. If we want to be a proud, modern, independent nation, we need to have our own independent steelworking capacity.
People care about steel, and we can see that in the response to the current crisis. Outside this House, there is a consensus that our steel industry is necessary for our future as a nation. Inside this House, we saw the solidarity expressed from all corners of the Chamber yesterday. I pay tribute to all colleagues in the House for speaking strongly with one voice about how important this industry is, and for saying that we need this industry for our national strength and national benefit. There was a chorus of support across the House for the Business Secretary in his commitment to find a positive outcome through the current set of challenges, and a willingness to explore, from all corners of the House, whatever future ownership models are necessary to secure our industry for the future. One voice, one message—to save our steel because we need it for our nation’s future.
Steel is one of the most productive industries, and its productivity has increased massively over the last 20 years. It is also a hugely sustainable industry. Steel is highly recyclable—one of the most recyclable products. We may be able to do more to ensure that we recycle all our steel and use the best of what we have got, but steel made in the UK reduces the carbon footprint of production, so it is a sustainable product. If we are forced to import our steel from outside the UK, that will affect our ability to reduce our carbon footprint. The upsurge in desire to do better on tackling climate change is another reason why we need our own independent steelmaking capacity. That is incontrovertible and irresistible.
(13 years, 6 months ago)
Commons ChamberI thank the hon. Gentleman for his intervention. We are arguing that because of the fragility of the recovery, it is time to repeat the bank bonus tax. The Government should make their decisions now when they are not constrained. The decision now should be to repeat the bank bonus tax and increase the bank levy year on year, rather than leaving it static. That is what this review of the bank levy would allow us to establish, and that would produce an additional income, he will be pleased to hear, of at least £2 billion in each year of this Administration. That additional £2 billion could be used by the Government on behalf of the British people, the taxpayers and, indeed, the shareholders of these companies.
Would my hon. Friend be surprised to hear that the hon. Member for Bradford East (Mr Ward) was in Westminster Hall this morning, alongside many other Members, seeking additional funding for ESOL—English for speakers of other languages—training? My hon. Friend is giving a solution that would allow the Government to provide that additional funding, which would produce growth in the economy, rather than the shrinkage we are seeing promoted by the coalition Government.
I thank my hon. Friend for his intervention. The review of the bank levy, which is at the heart of the amendment, would allow the Government to look at the sorts of things that that money could be spent on. It could be used for a youth jobs fund, for putting £25 million into new homes or for providing the regional growth fund with an additional £200 million. My hon. Friend the Member for Nottingham East (Chris Leslie) has already explored those issues in some detail.