Sarah Bool

Sarah Bool

Conservative — South Northamptonshire

Speaking in the House of Commons on 21 May 2026

Debate

Steel Industry (Nationalisation) Bill

Contribution

In March, the Government released their steel strategy, which talked about taking bold steps to help to grow the industry. The bold steps that we have before us include granting powers to nationalise the industry and introducing a 50% tariff in six weeks’ time on the import of steel products that can also be made in the UK—I come back to this because it is a really important point. Protecting British Steel does sound admirable, and I completely understand it, but the decision has been made without consultation with the industry. If the Government had consulted with the industry, I would not have had to meet with my constituent Alex Bailey last week, who felt absolute desperation about the future prospects of his business, which employs 70 people and has a £35 million turnover. He owns Dynamic Metals, one of the UK’s largest independent stockists of aerospace high-grade metals, which are specialist steels tested to high standards to be suitable for use in aircraft. The issue that he faces deals with three product types—12A, 14 and 27—but I will spare hon. Members with further details.

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