L

Lord Fox (LD)

Speaking in the House of Lords on 24 April 2025

Debate

British Steel

Contribution

My Lords, when we debated the fate of British Steel on 12 April, the sense of urgency from the Government was palpable. As subsequent events played out, that sense of urgency was fully justified. Unlike the noble Lord, Lord Hunt, I would say it was timely legislation that Parliament moved effectively to deliver. That is why the contents of this Statement—as far as it goes—which sets out how both blast furnaces have been secured and the redundancy process has been ended, are good news. Everyone involved should be congratulated on pulling together and working so effectively to do that. However, the haste of the legislation and the need for quick action leave a lot of open questions. I will ask a few more nitty-gritty questions. First, what about Port Talbot? I cannot help thinking the Welsh will be looking eastward and wondering where they fit into this programme. Have the Government had discussions with Tata Steel? How do the Government see the whole picture of steel in the United Kingdom, and how will they set that picture out to your Lordships? Secondly, what is Jingye’s current status, in respect of British Steel but also the other steel-related businesses that it holds in the UK? Given the fractious nature of the past 10 days, how are the Government relating tousb the Chinese business that it still owns the site? What is the point of contact? Is it operational or departmental? Is it governmental, or is there no contact at all between Jingye and the people now running the plant? Can the Minister confirm whether there have been government-to-government discussions about this between the UK and the People’s Republic of China? Thirdly, following some discussion during the take-note debate last week, I wrote to the noble Baroness, Lady Jones, and the noble and learned Lord, Lord Hermer, who was present on the Front Bench at the time, asking them to clarify the basis of international law that the Government are using, at WTO, EU and domestic legislative levels, to justify subsidising the operational functions of a business that they do not own? Perhaps the Minister could alert her officials to the existence of that letter and chivvy along the response. In the Statement, in answer to the rhetorical question “What next?”, the Secretary of State said that “All options are on the table”. It would help your Lordships’ House if the Minister could explain what is meant by “all options”. More than this, I suggest that, to properly decide what should happen, the Government should have a very clear-eyed sense of their industrial strategy. We should not delude ourselves: the UK steel industry has been in a tough place for a very long time, and Saturday 12 April did not change that. For UK steel to flourish, it needs to be within an industrial strategy and within a defence industrial strategy. We are waiting for these, and the need for these anchoring strategies is ever more present. So, I ask the Minister: when will the industrial strategy be published? The noble Lord, Lord Hunt, raised the Stellantis closure, which was announced on 29 November. This was surprising, because I would ask him: who was in government at the time that announcement was made? However, he said that steel is fundamental to Britain’s industrial strength, and we agree with that.

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