British Steel Industry Debate
Full Debate: Read Full DebateNick Smith
Main Page: Nick Smith (Labour - Blaenau Gwent and Rhymney)Department Debates - View all Nick Smith's debates with the Department for Business, Energy and Industrial Strategy
(4 years, 7 months ago)
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My hon. Friend is absolutely right. I have to mention today’s very bad news of 500 job losses announced by Tata Steel, which shows that we are back at square one. We do not seem to have learned anything from previous years. Industries need a Government who will proactively work in partnership to produce a policy environment and market environment conducive to investment and to those businesses thriving.
The excellent “Steel 2020” report contains a brilliant quote, on page 28:
“Government procurement and other incentives should be used to increase domestic steel content in manufacturing and construction…there is clearly a significant market opportunity.”
Is tomorrow’s Budget not a brilliant opportunity to support steel?