Steel Industry (Nationalisation) Bill

Debate between Peter Kyle and Warinder Juss

2nd reading
Thursday 21st May 2026 Commons Chamber

[Peter Kyle]

I am grateful for the right hon. and learned Gentleman’s intervention. I knew when I was bringing these powers in and working through the legislation that they would be an important part of the Bill and rightly the subject of scrutiny. There will be significant time in Committee of the whole House for Members to scrutinise the legislation. We are modelling this Bill on the Banking Act 2009, which has worked effectively. In that circumstance, the powers were used during the financial crisis in extremis, and those powers, on which we are modelling this Bill, have not been used irresponsibly since. I have been clear about my expected use of these powers, and the bar set in the legislation meets my expectations, including limiting my ability to use these powers in ways that would cause concern for Members.

For too long, the steel sector in this country has been left to fend for itself, abandoned by Government, demoralised, starved of resources and the victim of international market distortions. Crude steel production has declined by more than 50% in the past decade. Capabilities have been reduced, and communities have been let down. Previous Governments have been too reactive and not proactive. This Government will not repeat the errors of the past. We are building the future for British Steel. While the industry faces challenges today, we will do everything we can to help it modernise and grow. This legislation allows us to apply that policy to this industry. We recognise that securing the long-term future of the UK steel sector relies on public and private investment for modernisation, so that the UK can become a global leader in clean green steel, electric arc furnaces and decarbonised steel production.

We recognise that blast furnace production will need to continue in the immediate future and that a managed transition is vital to maintaining supply. We need this legislation to raise resilience, to protect businesses up and down the country that depend on Britain’s steel, to defend the workforce at British Steel and to safeguard the communities built on British steel. The significance of steel is not simply a matter of history; it is a matter of our national future. In an uncertain world, the ability to make steel remains a strategic national asset. Steel is essential for our transport networks, our energy security, our housing and our transition to a greener economy. That is why supporting the British steel industry is about more than protecting jobs, important though they are. Supporting British Steel—

[Warinder Juss (Wolverhampton West) (Lab)]

Will the Secretary of State give way?

[Peter Kyle]

I will give way in just a moment. Supporting British Steel is about more than national pride, although we are proud of the steelworkers who help build it. Nationalising British Steel is about hope and faith in the future.

[Warinder Juss]

I did not mean to interrupt my right hon. Friend, but I thought this was an appropriate time to intervene. As a member of the GMB trade union executive council, I was pleased to see my union welcome the Government’s move to nationalise British Steel, which it described as a

“decisive and timely intervention by the Government which will protect one of the UK’s most important industries.”

That sentiment has been echoed throughout the trade union movement. Does my right hon. Friend agree that we must engage with the trade unions throughout this process and utilise their expertise in this area to secure the long-term future of British Steel?

[Peter Kyle]

My hon. Friend raises a really important point. Workers in steel production facilities have played a really important role in shaping our policies, helping us constructively to find a way through. Members on both sides of the House were prodding me to release the steel strategy more swiftly, but there were so many moving parts at the time of developing it. There were global forces at work, different ownership models and different production facilities, with different challenges, in different parts of the steel community. I will say this again: the unions played a highly constructive role. I pay tribute to GMB, Community and others for helping us to design our policies and find a way through some really challenging strategic issues.

Together with our measures on automotives, digital technology, the life sciences, the defence industry, clean energy, ceramics and chemicals—on which we made announcements today—and advanced manufacturing, taking the power to make possible the nationalisation of British Steel heralds the new dawn of an age of British industrialisation.

Artificial Intelligence Opportunities Action Plan

Debate between Peter Kyle and Warinder Juss

Monday 13th January 2025 Commons Chamber

[Peter Kyle]

I assure my hon. Friend that we are striving to ensure that innovation of all kinds is expedited. That is why I established the regulatory innovation office in the Department for Science, Innovation and Technology. We are already piloting four areas of policy so that we can get innovation off the drawing board and into the economy, benefiting the health and wealth of the nation as quickly as possible. I assure him that we are wasting no time to get that done.

[Warinder Juss (Wolverhampton West) (Lab)]

I welcome the Secretary of State’s statement. As he said, the AI revolution is taking place now, and it will make significant improvements in the promotion of public services and businesses. However, would he reassure my constituents in Wolverhampton West on what specific steps he will take to ensure that AI is safe in every possible way?

[Peter Kyle]

The work of the AI Safety Institute is ongoing, and it does world-class work. Of course, AI is fuelled by data, and we know that the public need reassurance that data will be used safely. With a data Bill going through, and with a Government that want to ensure people have the rights they need to have control over their data, I want to assure my hon. Friend on the use of data, technology and AI, as well as on the use of algorithms, which are increasingly being used in the private sector, but also in Government. Unlike the previous Government, I want to ensure that algorithms are published by Departments so that everybody can understand what it is that we are doing in their interests to benefit the country, because without understanding it, people will not feel safe with it being used. I will not tolerate that because we need to ensure that we as a country use this technology for the public good.