(6 days, 12 hours ago)
Commons ChamberOn that point, will the Minister give way?
I hope my hon. Friend will forgive me, but there is no time for me to give way. I reassure the hon. Member for Brigg and Immingham that in no way have we moved slowly—we have been moving at pace throughout our time in government.
There were suggestions that we should move to nationalise British Steel today and that this Bill is already nationalisation. It is not nationalisation and we are not moving to nationalise British Steel today. We are taking very significant powers that we do not underestimate. That buys us time to have the leverage and the time we need to look at what must be done next, but we will act in the national interest. As the Prime Minister said yesterday, nothing is off the table. There was a suggestion that we should use the Civil Contingencies Act 2004. That is difficult to do because it is very hard to meet the criteria; there has to be a risk of death, so we did not meet that criteria.
I agree with my hon. Friend the Member for Sefton Central (Bill Esterson) that economic security and national security are two sides of the same coin. The emergency legislation we have brought forward today is essential to protect British Steel, its workforce and the national interest. This Government will never hesitate to act in the national interest to keep Britain secure at home and strong abroad, and this legislation is proof of that. Today we take back control, and I urge all Members of this House to vote for this Bill.
(1 month, 1 week ago)
Commons ChamberI do not agree with that framing whatsoever. We have Putin who invaded Ukraine, leading to the massive global shock for energy prices, and we have a Secretary of State who is very pragmatically taking forward plans to, as the triangle tells us, protect and grow jobs, and give us energy security. I think most people in the country understand that. They get that we need energy security and to tackle the climate at the same time.
Scandalously, the workers of the Grangemouth refinery are to be the victims of a very unjust transition. The folly of a foreign state and private capital being in charge of such a key vital piece of energy infrastructure is laid bare, especially with no UK Government involvement. I am curious as to what ownership role the UK Government will take in the new energy industries that will be at Grangemouth.
My hon. Friend will know about the announcements that were made recently about support for Grangemouth. In the last couple of weeks, I met INEOS to talk about its chemical factory and the huge contribution it brings in terms of jobs and the provision of chemicals. The �200 million investment from the National Wealth Fund is really important in this space. The work that the Government have done to look at possible businesses and industries for Grangemouth in the future is really important and I am very happy to have a conversation with him.