Jonathan Reynolds

Jonathan Reynolds

Labour (Co-op) — Stalybridge and Hyde

Speaking in the House of Commons on 11 September 2024

Debate

Port Talbot Transition Project

Contribution

My right hon. Friend is absolutely right. We are not just seeking to deliver new, improved transition deals for the key sites, but want to improve the overall business and investor environment for steel in the UK. I believe that can be done. The kind of investments in core capacities that we are thinking about could be very successful in the United Kingdom. Obviously, two months is insufficient for the due diligence that is required on some of the elaborate and considered business cases necessary, but the process is about delivering that. We can turn this into an extremely positive story for UK steel.

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