UK Parliament / Open data

UK Steel Industry

Proceeding contribution from Iain Wright (Labour) in the House of Commons on Thursday, 21 January 2016. It occurred during Backbench debate on UK Steel Industry.

If the Minister will allow me to continue, why can investment in plant and machinery not be exempt for an uplift in valuation? On the issue of procurement, the Minister issued new guidelines in the immediate aftermath of the steel summit. Three months on, can she outline the value of the contracts that have been awarded to British-based steel firms as a result of those changes? Has work actually been put into steel plants as a result? What has the Minister done to talk to sectoral groups, such as the Aerospace Growth Partnership and the Automotive Council, to maximise the proportion of British steel used in successful industrial sectors such as aerospace and automotives? I am very pleased to see a Sunderland MP, my hon. Friend the Member for Sunderland Central (Julie Elliott), with us today. We on the Select Committee were told during our inquiry that Nissan in Sunderland—a great example of cost-efficient car production anywhere in Europe, if not the world—uses 75% British-sourced steel in the production of its Juke model. If Nissan can do that, why cannot others? What is the Minister doing to cajole others within supply chains?

Type
Proceeding contribution
Reference
604 c669WH 
Session
2015-16
Chamber / Committee
Westminster Hall
Back to top