Richard Tice

Richard Tice

Reform UK — Boston and Skegness

Speaking in the House of Commons on 2 September 2025

Debate

Speciality Steel UK: Insolvency

Contribution

I congratulate the Minister and the Government on doing the right thing in supporting our steel industry. I have been expressing concern about Liberty Steel since 2021. This is a critical moment, and it will be interesting to see whether private sector investment can be attracted into electric arc furnaces, with electricity prices where they are. I think there is a better solution, which I have spoken about outside this House: merging Speciality Steel with British Steel to create a cohesive, excellent, strong champion of our steel industry that we all support into the future and invest in. That is the way to ensure economic growth in this country.

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