M

Member

Speaking in the House of Commons on 8 June 2026

Debate

Steel Industry (Nationalisation) Bill

Contribution

As I mentioned on Second Reading, since we have published the steel strategy, and in the background to this Bill, Sev.en has announced an additional £100 million of investment in the steel industry. That £100 million would not be there without our steel strategy. I have already mentioned the intense interest in the ownership of Speciality Steels UK. We can see that there is great interest in investing in the steel industry in the UK, and that is no wonder, given the opportunity that our market presents, so long as we can get the business environment right to ensure that people can invest and make money in the industry, too.

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