UK Steel Production: Greensill Capital
Debate between Nicola Richards and Kwasi Kwarteng(3 years, 8 months ago)
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Kwasi Kwarteng
The hon. Gentleman makes a legitimate point. The collapse of a company like Greensill has ramifying effects, and I, Ministers and officials in the Department are looking closely at the potential impact.
Nicola Richards (West Bromwich East) (Con) [V]
I thank my right hon. Friend for his personal engagement with me on this issue and for acting so quickly. Liberty Steel is a big employer in the Black Country and we have been hit particularly hard by the worst effects of the pandemic. I know that he needs no convincing about the importance of the steel industry in our part of the west midlands, so will he continue to prioritise this issue and work with me to help protect jobs in West Bromwich East?
Kwasi Kwarteng
I would be very happy to work with my hon. Friend to protect jobs. She is doing a great job of representing her constituents. All I would say on this is that we published last week the industrial decarbonisation strategy, which is the first of its kind in the world, and we are absolutely committed to a continuing future for British steel.