Mr Toby Perkins

Mr Toby Perkins

Labour — Chesterfield

Speaking in the House of Commons on 9 June 2026

Debate

Steel Industry (Nationalisation) Bill

Contribution

The hon. Lady is making a very important and interesting point. In the steel industry over recent years, we have seen foreign companies buying British firms, then closing them down and leaving us without this capability. Would anything in new clause 9 prevent that from happening again? Having forced the Government to seek this buyer, is there anything in it to stop that buyer coming in and just closing the business down, meaning we lose that sovereign capability?

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