(8 years, 4 months ago)
Commons ChamberThe hon. Gentleman makes a good point. Yesterday was a dreadful day on the markets— two of our banks actually had to stop trading. Today, according to the results, is a better day. As the Prime Minister said yesterday, nothing has changed at the moment, so it is really important that we talk up our great country and our great economy, and that we instil confidence and stability on all sides.
The issue of pensions is very important in the context of not just BHS, but Tata Steel. The consultation finished on 23 June. Will the Minister please update the House on where we are with the pensions scheme, and also reflect on the fact that the trade unions and many others have said that putting that scheme into the Pension Protection Fund would be a complete disaster?
The consultation has, of course, now finished. There were concerns, certainly among Government Members, that Opposition Members perhaps had not been as supportive about the future plans for Tata as we would have liked, but, as the hon. Gentleman knows, our doors always remain open to him. He has done great work to ensure that we have a sustainable steel industry in south Wales.
(8 years, 10 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
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I cannot give the hon. Gentleman an answer to that, but I can say that every Department needs great leadership, and I am delighted that the Department for Business, Innovation and Skills has exactly the sort of great Conservative leadership it needs.
I get slightly cheesed off at nonsense about the Government not being joined up and not working together. That could not be further from the truth. The current level and degree of co-operation within Government has never been seen before. I can give many examples of exactly where the Government are joined up. I am particularly proud of my working relationship with Ministers in the Department of Energy and Climate Change, for example. We get on well and work well together. At the moment we are looking at why too few of our steel fabricators buy British steel. We are doing a piece of work on the supply chains to see how we can ensure that British steel is bought all the way through the supply chains.
The fourth ask made of the steel industry was on procurement. We are the first EU country—
The hon. Gentleman cannot have a go until I have finished my sentence. He will have to bear with me one moment.
We are the first European Union country to use the new powers available to us to change the Government’s procurement of steel and, indeed, other materials. There are now no excuses when it comes to Government contracts for not buying British. A number of claims were made about Hinkley B and Areva. In the case of Areva, that steel is not made in Britain. I am told that at least 60% of the steel at Hinkley Point can be bought in Britain. The other 40% is not made in Britain.
We have very little time left. It is clear that the burning issue, which was raised by all hon. Members present, is market economy status. It seems that the Minister has moved off the dumping ask on to another ask.
I assumed the Minister had finished on dumping and ignored the most important point.
I am so sorry; the hon. Gentleman should read his brief better. There were—[Interruption.] No, no. There were five asks. I have dealt with four; the fifth is business rates, and I think I have dealt with that. The status of China is a new ask, not one of the original five. Let us deal with the market economy status for China. The Prime Minister has made it clear, and I think he makes a good case, that there is a good case for China to be given market economy status. This is where I get agitated with Opposition Members. I do not have a problem with people when we disagree on politics or argue about policies; I have a problem when they tell their constituents that if China gets market economy status, we will not be able to vote in favour of tariffs to stop it from dumping steel or anything else. That is not true. Russia has market economy status, but the EU is able to, and does, vote in favour of tariffs to stop Russia dumping.
For example, in the meeting I was talking about earlier, even though the task groups had come to the end of their time, we specifically looked at Russia and Iran. We are gravely concerned about the amount of steel that they are producing and about the threat of it flooding into the UK economy. So, again, we are looking at the issue of tariffs, but let me make it very clear. The Government do not make the complaint to the European Union; the complaint comes from the steel industry itself—it must raise the complaint. It is wrong for hon. Members to say to their constituents that if China gets market economy status, we are precluded from introducing tariffs. We are not, so Members should please not mislead their constituents.
(8 years, 10 months ago)
Commons ChamberI assure the Minister that the people of my constituency are listening carefully to what is being said today. I also assure her that there is palpable anger and frustration among my constituents. The claimed action on energy has still not been implemented. The claimed action on procurement amounts to so-called open advertising, while Hinkley Point has no British steel. The Government use the EU as an excuse for delay, while being China’s chief cheerleader in Europe.
Is it not clear to the Minister that urgent action to sustain a steel industry in Britain is of the highest national priority? No more excuses, dodges or delays. Will the Government confirm here and now that they will not support market economy status for China? Will the Government immediately establish a strong, long-term steel strategy with Tata and the unions? If they do that, there is a future; if they do not, there will be a wasteland.
Of course, this is all about all those men and women who work at Tata at Port Talbot and their families. Our thoughts are with them today. I pay tribute to some of the work that the hon. Gentleman has done. I met the leader of Port Talbot port and I hope that we can continue that discussion, because there is much that can be done.
I say to the hon. Gentleman that it would really help if we all worked together on this, because we all agree. I am not going to say what he said about China and market economy status at all. There is a good argument that it should have that status. [Interruption.] Yes, there is a good argument, but as I say, China has to show us that if it is in the game, it plays by the rules. It will be for the EU to look at all the evidence before it makes its decision on that.
The Back-Bench debate secured by my hon. Friend the Member for Redcar (Anna Turley) was held shortly before the trip to China, which took place amid much fanfare. The Minister pledged to go to China and lobby strongly against the massive dumping of Chinese steel in our market. May we have a detailed response about what was secured as a result of those discussions?
I had a number of discussions, and I raised with the Chinese the fact that there is now a growing demand for protectionism, especially in the EU, because of these various allegations—not just on steel—of Chinese dumping. I also had discussions about the future of the Chinese economy, including its steel economy, and whether any change in their policy was expected. We were informed that things would not change, which I am sure the hon. Gentleman will agree was unfortunate, and that they would continue to produce steel in this way. That economy, although growing, is not growing as much as it could, so I am afraid that there is not much hope there. However, we continue to make the case.
(9 years, 2 months ago)
Commons Chamber7. What recent assessment he has made of the effectiveness of the Government’s strategic support for industries and sectors.
Through sector councils and meetings with companies across all sectors we will continue to work closely with industry to understand its needs and what more Government can do to retain the UK’s competitive position within the global economy.
I thank the Minister for her response. Given the crucial role of the steel industry to the British manufacturing sector and our very sense of pride and prestige as an industrialised nation, will you today agree to accelerate the full implementation of the energy-intensive industries package? Crippling energy bills are crippling the steel industry, and it is time for the Government to act.
The question was obviously to me, Mr Speaker, but that does not matter. Importantly, we know that the steel industry faces very difficult times. It would be fair to say that these are the most difficult times it has ever faced in this country. We are looking at all the things that the Government can do to continue to assist the steel industry, and we have already started that work, which is one of the reasons why I am going to China next week, specifically to talk to the Chinese about their over-production and the allegations of dumping. I could expand on other points and will no doubt do so in answer to supplementary questions.