Sarah Olney
Main Page: Sarah Olney (Liberal Democrat - Richmond Park)Department Debates - View all Sarah Olney's debates with the Department for Business and Trade
(3 weeks, 5 days ago)
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Blair McDougall
The hon. Gentleman will be aware that the measures we took were necessary because of the ending of the steel safeguards. Without the measures we took, there was a real prospect of our becoming the global dumping ground for uncompetitively subsidised over-production. That being said, the Minister for Industry, the Under-Secretary of State for Business and Trade, my hon. Friend the Member for Stockton North (Chris McDonald), has been meeting manufacturers and listening to those concerns. That is why we have the transitional arrangements and have ensured that they will be reviewed after 12 months. It is also, frankly, why we are working so hard with the EU to ensure we get mutual arrangements there as well.
Sarah Olney (Richmond Park) (LD)
The Liberal Democrats supported the passage of the Steel Industry (Nationalisation) Bill, but we tabled amendments, in my name and in those of my hon. Friends, to increase the provision of scrutiny and transparency under the Bill. The Government voted those amendments down in this place, but then had a change of heart and supported them in the other place. Given that, it is extremely disappointing that a move of this magnitude has been made and no statement has been made to the House. On the change of heart in the Lords, was that merely a sticking plaster, or is there a genuine commitment to give parliamentarians scrutiny of the important decisions being made about the future of our steel industry?
Blair McDougall
As the Minister for Industry has set out, on the issue of cost, it is our intention to continue with the practice under the previous Act of coming to Parliament on a quarterly basis with a written ministerial statement to set out the costs. As we appoint the new board, we will also be keen for the owners and operators of British Steel to be accountable to Select Committees.