Oral Answers to Questions

Debate between Vince Cable and Frank Roy

Thursday 20th November 2014 Commons Chamber

[Vince Cable]

I will certainly look at that—indeed, we already are. The hon. Gentleman will be aware of the more general issue of energy-intensive industries, and we have sought to achieve relief through compensation under the European Union emissions trading system and the carbon price floor. We have recently consulted on how to extend that relief in respect of renewable obligations and the feed-in tariff. That consultation has just ended and will incorporate industries depending on their energy intensity and trading capacity. We will announce the results shortly.

[Mr Frank Roy (Motherwell and Wishaw) (Lab)]

The steel industry is vital to manufacturing in the United Kingdom. Will the Secretary of State take the opportunity to tell the House exactly what has been happening with Tata Steel’s proposed sale of its long products division?