Speciality Steel UK: Insolvency

Olivia Blake Excerpts

Tuesday 2nd September 2025 Commons Chamber

[Sarah Jones]

Thank you, Mr Speaker. I will just say that we have very much stood with the workers of Grangemouth. We are investing, through the National Wealth Fund, £200 million to support that development. I have had multiple conversations, and the hon. Gentleman and I have spoken multiple times in this place, about how we will support industry in Grangemouth to transition and grow, and provide significant support to workers where they lose jobs. I fundamentally disagree with the picture that he paints.

[Olivia Blake (Sheffield Hallam) (Lab)]

I thank the Minister for her action. Steel remains a key part of the South Yorkshire industrial and economic strategies. Can she reassure the House that workers’ wages and livelihoods will continue to be prioritised throughout the whole process, and will she join me in thanking our hon. Friends the Members for Penistone and Stocksbridge (Dr Tidball), and for Rotherham (Sarah Champion), for their work to champion not just the sites in Stocksbridge and Rotherham, but the South Yorkshire steel corridor?

[Sarah Jones]

Of course. I share that gratitude for those amazing colleagues who stand up for what they know to be right and sensible. We are protecting not something that is not worth protecting, but something that has a vibrant and viable future; that is what we are working towards. We are working closely with the South Yorkshire mayoral combined authority and the Mayor. In broader advanced manufacturing in the region, including the innovation district and research centre, there is a huge wealth of expertise and talent that we can build on.