Oral Answers to Questions Debate
Full Debate: Read Full DebateSarah Olney
Main Page: Sarah Olney (Liberal Democrat - Richmond Park)Department Debates - View all Sarah Olney's debates with the Department for Business and Trade
(2 days, 5 hours ago)
Commons ChamberMy hon. Friend and several other Welsh colleagues have been talking to me about this. We renegotiated the deal with Port Talbot and the £500 million that goes alongside that. I had a good meeting this week with Blastr, which is looking to build an iron pellet plant at the Port Talbot site if possible, and we are trying to support that. Of course, our focus in recent weeks has been on Scunthorpe and British Steel, but the steel fund remains. The steel plan is still being worked on, which is very broad and hopes to lift the entire UK steel industry.
Sheen Uncovered is a clothing business in my constituency that the Secretary of State is welcome to visit any time. It has been significantly affected by the need to pay import duty up front, thanks to the Conservatives’ terrible Brexit deal, and that duty ranges between 6% and 12% and greatly impacts its cash flow. What are the Government doing to support businesses such as Sheen Uncovered to reduce the challenge of import costs?
I assure the hon. Lady that we are looking at how we can improve that relationship, and she is right to recognise that a whole number of barriers were created as a consequence of choices made previously, which are causing significant challenges to businesses small, medium and large. As the Secretary of State made clear, we cannot give a running commentary on discussions that are under way, but I assure her that the needs and concerns of British business are uppermost in our minds in those discussions.