Mark Pritchard

Mark Pritchard

Conservative — The Wrekin

Speaking in the House of Commons on 14 September 2026

Debate

Speciality Steel UK

Contribution

There is a central inconsistency in the Secretary of State’s argument. He talks about steel as a strategic asset, and I of course agree with that, but so are oil and gas, yet the Government do not seem to be coming forward with any proposals on that sector. He mentioned in his oral statement that the Government are going to pay this from “existing Government budgets”, but in answer to a question, he said that the money would possibly “fall on the Exchequer”, so how much is this going to cost? He also mentioned that he would prefer for the business to remain in the private sector, which is encouraging to hear, so does he have an indicative timetable for when it might go back on the market and be sold?

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