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

I very much welcome the hon. Member’s words and her recognition of the improvements that we have made with this deal. Fundamentally, we have recognised the need for a better business environment, moving away from relatively short-term responses to that much better, more secure long-term framework. She will understand that the significant increase in investment that this new Government are willing to make can make a substantial difference. However, the emphasis must be on long-term investments for the future, so that we can secure those long-term secure jobs. There are several different ways that we can do that. I absolutely agree that our method should be aligned with the industrial strategy, and we will be able to make some announcements on that in the near future, leading up to the launch of the steel strategy next year.

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