Peter Kyle
MP for Hove and Portslade · Labour · United Kingdom
“Ceramics are crucial for our modern way of living, from house building to smartphone screens, from plates to planes, and from engines to mugs and space shuttles, as well as all the other products that my hon. Friend the Member for Stoke-on-Trent Central mentioned.”
“Unfortunately, manufacturing ceased there, as administrators were unable to find a buyer for the business. Officials in my Department are working with the administrators as they take their statutory process forward, and I pass on my very sincere and heartfelt sympathies to all the workers, families and local communities that have been imp…”
“The Government are also taking wider action to support over 10,000 manufacturing businesses in the industrial strategy growth sectors, and in foundational industries that provide key inputs for those sectors, through the British industrial competitiveness scheme.”
“It is a real pleasure to be here. My hon. Friend the Member for Stoke-on-Trent Central (Gareth Snell) has made an outstanding case. I can reassure him that when we make decisions, they go beyond the sheer economics of investment, and into considerations about communities and sectors.”
“I am grateful for my hon. Friend’s contribution. Of course, he is completely correct. The impact that these brands have around the world has not been made recently, and is not to be taken lightly; it has come on the back of generations of extraordinarily hard work, precision and success.”
“Members have a Government and a Secretary of State who strive, and put great store by the heritage and importance of certain businesses and sectors—not just the economic wellbeing of communities, but the social and cultural wellbeing of communities. Those are all interlinked, and we fail to recognise that at our peril.”
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“Once again, the Lib Dems condemn every fundraising measure we have brought in to invest in our public services and get our country back on its feet, but they never say how they will pay for the alternative. They never say how they will raise the money themselves. I am not going to apologise for any of the measures. I will come in a moment to the investment we have made in small businesses and in hospitality, and I will give way to the hon. Lady again if she wants me to at the time, but will she please say what the alternative is from her perspective? The Lib Dems want to spend all the money in the world but they do not want to tell people how it is. The lending commitment we have secured with the UK’s five leading banks will support Britain’s small businesses to succeed and prosper.”
“When I published the steel strategy last month, I told the House I would never hesitate to fight for British industry in defence of the national interest. The legislation we are bringing forward is proof positive of that commitment.”
“The Bill tackles the scourge of late payments, brings in stronger powers for the Small Business Commissioner, sets out strict maximum payment terms of 60 days, and bans the deduction of retentions in construction contracts. The Federation of Small Businesses has said that tackling late payment is one of the biggest things the Government can do to help small businesses to grow. That is the difference that an activist, interventionist Labour Government can make. Finally, let me turn to another example of the difference. The ghost of free market Thatcherism still haunts many of the industrial areas of this country. It can be seen in the scars of de-industrialisation still marking too many communities around our country. It is high time to exorcise the ghost of de-industrialisation.”
“Member for Central Devon (Sir Mel Stride) addresses the House, I am certain that on that and so much more he will display all the symptoms of the economic illiteracy and ideological incompetence that for too long have engulfed the Conservative party. By contrast, we are taking practical action to end these conditions. We are bringing in new measures to tackle late payments. The small business protections (late payments) Bill will give the UK the strongest legal framework in the entire G7. Late payments cost the UK economy £11 billion a year, forcing the closure of 38 businesses every single day. For 14 years it was the same under the Conservatives, and they did nothing.”
“Unfortunately, none of the Conservative Members was listening to what I just said in outlining the measures we are taking, and the admission that we get it and we are listening. Fundamentally and foundationally, what those businesses need is what every business in this country needs, which is a growing economy. In the last year the Conservatives were in office, growth was 0.4%, but in the first year in office of this Government, it was 1.4%. That is what every business needs across the country, and when it comes to specific sectors at specific moments in time, we are watching and attuned, and I am acting where necessary. When the right hon.”
“We will move forward and ensure that, in an era of global instability, we have the key aspects of our supply chain that we need for our resilience as a nation—yes, in defence; yes, in industry; and yes, in all the money we are investing in infrastructure. We must reserve those capabilities. I am listening and engaging with all parts of the steel sector, and the manufacturers and businesses that depend on it. I am listening closely to them. If there are any impacts, I will of course engage with them to understand and see how it will be possible, where necessary, to provide support.”
“I have committed to invest in, modernise and protect the steel industry where I need to. Those are watchwords that I apply throughout the economy in highly volatile times. We are investing up to £2.5 billion to modernise and transform the steel sector, from blast furnaces to electric arc furnaces—those are the kinds of transformations we need to make. If I had invested that money but not also protected our sector, that would be pouring vast amounts of public money straight down the drain. In certain circumstances I have had to step in and use measures to protect the domestic British industry. I am not introducing measures for any products that are not manufactured in the UK. I am doing so wisely; I am doing so to protect and ensure that we can build and retain a steel industry that is fit for the future and sustainable.”
“Britain’s future prosperity can be built only by business success. There is no other way, no shortcut, no easy option and no magic bullet—no matter how attractive and simplistic slogans and superficial soundbites may appear to some.”
“The strength of that commitment can be measured in our determination to boost domestic steel production to ensure that 50% of the steel used here is made here. Britain cannot make its way in the world as a services-only economy. We have to make our way—earn our way—to greater prosperity, equality, security and opportunity. We cannot do that by economic isolationism, neoliberalism, greater protectionism or a command economy. We cannot regulate our way to prosperity. We can achieve it only through practical and pragmatic policies that support British businesses to be profitable, to scale up, to create jobs and to grow. We have to end the outdated free-market ideologies, failed economic theories and siren voices that all but destroyed Britain’s manufacturing base and drove the British public towards Brexit.”
“No, I am going to carry on. I appreciate Members’ kind offers to intervene again and again; I look forward to all their speeches. The Steel Industry (Nationalisation) Bill will give us the authority to bring British Steel into public ownership, not as an ideological exercise but as a practical means of safeguarding the national interest. It will allow us to retain the Scunthorpe plant as a critical piece of our national infrastructure that is essential to British economic resilience. Britain has long been a proud steelmaking nation. Whatever I have to do to make it so, Britain will retain its capacity and capability to manufacture steel. That is my commitment to Members in this House and to the remaining steel communities of our country.”
“The FTSE 100 has reached historic highs, and the UK is raising more venture capital funding this year than France, Germany and the Netherlands combined. This Government faced enormous challenges on taking office, and the conflict in the Gulf presents us with even greater challenges. Despite that, we are making progress. It will take time for the benefits of progress to be sufficiently seen and properly felt. The recent election results show that. The only sure route to proving the benefits of change is growing the economy, and the only certain way to grow the economy is through British business success. Our task is to create the right conditions for Britain’s businesses to invest, succeed, and win in an increasingly competitive global marketplace. We have made a start, and we will see this through to the finish.”
“To clarify, I am talking about how we recover from the scars of the 1980s, how we learn the lessons, and how we ensure that we never repeat mistakes that cause scars that endure for generations. To answer the hon. Gentleman directly, we will align with the European market only where that is in the national interest. We cannot turn back the clock to build future success. The partnerships that this Government have built with businesses, local government and trade unions are delivering resilient growth and helping to build a stronger economy. They are building a fairer country, in which wages are up and public borrowing is down. There have been six interest rates cuts and 500,000 children are being lifted out of poverty.”
“Today’s announcement of our bigger, bolder scheme is proof positive of our commitment to backing British businesses for the long term. It sits alongside our continued focus on short-term impacts, on which we will not hesitate to act where needed. We will continue using our activist industrial strategy to create the right conditions for British firms to succeed and grow. We do so because we know that when the Government and enterprise work in partnership, we can make Britain stronger, wealthier and more resilient. I commend this statement to the House.”
“It is a marked departure from the old economic orthodoxies of Thatcherite de-industrialisation and a failed free market ideology that let whole towns, regions and communities go to the wall. Ours is an activist industrial strategy, supporting British businesses when they need it, intervening when circumstances demand it, and investing in wealth creation and opportunity for all. We recognise the instability in the global economy. As the Prime Minister has said, the conflict in Iran is not our war, but we must do everything in our power to shield British businesses from the worst effects of it. Businesses are rightly concerned about the impact of the conflict in the middle east. The Chancellor will set out the principles guiding the Government’s thinking as we consider our response.”
“It will be delivered next year, and my Department will set out more details shortly. Our focus now is on making sure that BICS is as strong and significant as possible, and that it delivers for our car industry, aerospace and defence—the best of British manufacturing. My Department is inviting businesses to help us finalise the operational details of BICS. I invite all companies that can benefit from it to go to the Department for Business and Trade’s website, submit their views, and help us prepare for this final phase together. This is a major industrial intervention and financial commitment by this Government. I am determined to get it absolutely right from the start. We said that our industrial strategy was never about a single publication or a single moment in time.”
“That is a real advantage for working families and communities around the country, and it gives British businesses a real competitive advantage in the global economy. That is the difference that a Labour Government with an activist industrial strategy makes. This is not just about high hopes or warm words; it is real action to reduce energy costs and increase industrial competitiveness. I pledged not just to be bolder and to go further, but to act faster in the interests of British businesses. Business is keen, as I am sure the whole House is, for the benefits of BICS to take into account the challenging economic reality that we face. I can announce a one-off payment for businesses eligible for BICS, covering the 2026-27 period, and reflecting the support that businesses would have received had the scheme been in place this year.”
“Our partners have done more than just support the policy; they have been co-creators, helping us to shape the scope and scale of the scheme. BICS is bigger, bolder and better as a result of their hard work and partnership. I am announcing today that BICS will benefit 10,000 electricity-intensive manufacturing businesses—those best equipped to drive growth in our economy. Those 10,000 businesses will save up to £40 per megawatt-hour from next year. They will be exempt from paying the indirect costs of three other schemes: the renewables obligation, feed-in tariffs and the capacity market. BICS is designed to support eligible businesses across all regions of Great Britain. The eligible sectors collectively employ 900,000 people, of whom 700,000 live outside London and the south-east.”
“We have increased the network charging compensation scheme discount from 60% to 90%, saving companies up to £420 million a year on their electricity bills, and we have started building the UK’s first small modular reactor in north Wales, laying the groundwork for manufacturers to benefit from reliable, low-carbon electricity. Last year, I launched the consultation on the British industrial competitiveness scheme, or BICS—our plan to bring industrial electricity costs more closely in line with those in other European economies. I am grateful for the support of the Chancellor in establishing BICS. The response to our consultation, which we are publishing today, shows overwhelming business support for BICS. The scheme has been endorsed by the Confederation of British Industry and the Society of Motor Manufacturers and Traders.”
“Friend the Secretary of State for Energy Security and Net Zero is overseeing that transition; however, British manufacturing continues to have some of the highest electricity costs in Europe. That undermines our manufacturing base, impacts our manufacturing jobs, and damages the lives and livelihoods of cherished communities across the country. The Government were elected to halt and reverse Britain’s industrial decline. That is why our modern industrial strategy addresses high electricity costs for British businesses. As part of our British industry supercharger package, I have already increased support for over 550 of the UK’s most energy-intensive businesses—those in our heavy industries.”
“With permission, I would like to make a statement on industrial energy costs. When I became Business Secretary, I said that we needed to be bolder, to go further and to move faster to support British enterprise. Today, I want to set out what that means for reduced electricity costs for British industry. The events of recent days and weeks serve to demonstrate the strategic weaknesses and the economic threats inherent in Britain’s over-dependence on the geopolitics of the global oil market. It is high time that Britain gained energy independence by ending that dangerous over-reliance and instead transitioned to become a clean energy superpower. My right hon.”
“As I said in my statement, the scheme is being funded through reliefs on three schemes, and through support from the Exchequer. It is fully funded and within the fiscal rules, and that is fully set out. More details will flow as we work with business to ensure that we get the implementation absolutely right. The hon. Gentleman went on to call for a whole set of measures that he would like to see. I would like him to hold himself to the standard to which he holds me, and to set out how he will fund all the commitments he is making.”
“I have announced a range of other schemes, including the supercharger for energy-intensive sectors, and I have made other interventions, just in the six months that I have been Secretary of State. The hon. Gentleman was gracious in praising parts of the scheme. He could have also mentioned that the growth figures that came out today show that we approached the challenges in the middle east by busting the forecasts and exceeding expectations for growth. That is good for every single business in the entire country. Growth is the No. 1 mission of the Government, and that is what we have been getting on with. That, of course, means that, going into this challenging period, we have more resilience and success in the British economy. The hon. Gentleman asked about funding.”
“I thank the hon. Gentleman for his support for the scheme. I know it is qualified support, but where that qualified support exists, I am grateful for it. Let us be very clear about the scheme, which I have been designing for quite some time: it is a competitiveness scheme, and it is targeted; it is not a general scheme for the entire economy. It is to increase the competitiveness of businesses, so that they can compete globally and be more profitable domestically. The scheme will be highly impactful for those businesses. Many of them are already profitable and doing great work. Through the scheme, we can turbocharge their ability to be competitive, both domestically and internationally.”
“I am willing to do that, and in the coming days, my Department will reach out to the people running those companies to see if my going there, listening to the concerns and seeing what could be done would be of interest to them. If they would like that, I will be there. I want to stress that my hon. Friend has listed a whole series of very different components of the ceramics industry. It is a diverse industry with diverse inputs. Some of them—I admit, a minority—could be eligible for the BIC scheme that I have announced today. That diversity means that there needs to be a very focused, comprehensive look at the sector. I am willing to go there and meet the industry figures myself.”
“I am grateful to my hon. Friend for his passionate intervention. I came into Parliament 10 years ago, and he came here just a short time afterwards. He has been raising these issues in Parliament for a very long time, about a sector that has long been under stress for various reasons, both global and domestic. I have been determined to ensure that my Department is connected, and as open as possible to listening, and to seeing how we can support the sector. There are monthly meetings with officials. There was a meeting just last week, attended by my hon. Friend, other MPs and industry figures from the sector. I have just discovered that no Secretary of State for Business has visited Stoke to meet ceramic industry figures for over five years.”
“On CO 2 and the issues that are in the news, six months ago, within days of becoming Secretary of State, I mothballed Ensus up in Teesside—a fantastic company. I have had to un-mothball it, and I did so in the first couple of days of the strikes in Iran to ensure resilience in key parts of our economy. That was leaked; we do not normally comment on leaks, but that is out there now. These are the things that I am doing. I am being bold and creative, and am acting in the interests of the whole of society and the economy to make sure that we have the resilience to carry on doing business, and come out of this with growth in our economy.”
“Of course, as we move forward, we will make payments for costs that may have been incurred this year. Let me be really clear, however, about how those businesses are working. Most of the businesses—I include the business that was on the Radio 4 “Today” programme this morning; Sharon from Tees Components up in Teesside was on the programme—have entered into a contract with fixed prices for the coming year. Most companies in the categories that we are targeting, which have manufacturing processes in which electricity is a high-component cost, are either hedging, or are in contracts, so that they have some stability into the future. We have designed a scheme that takes that into account, will be there when they need it, and supplies support for costs that they would have had this year.”
“I could have listened to the hon. Lady for much longer, because she is listing important areas across the sector. I am very aware of the challenges and opportunities in an economy that is full of great enterprise and a lot of highly profitable businesses doing great things with great entrepreneurs. Listening to her, we would think that the economy was not full of people and businesses that are thriving. She only focuses on the challenges. Let me be clear on how BICS happened. It came about through consultation with the very businesses that the hon. Lady is asking us to listen to. They have been part of designing the system. We will release and implement a targeted scheme that will have maximum benefit. We will announce over the summer an eligibility checker, so that businesses can see their eligibility for the scheme.”
“I am grateful to my hon. Friend for his work when he was in my Department, upon which I seek to continue. He is right to point to the closure of the fertiliser plant in, I believe, 2023. Those are the sorts of things that have stripped out resilience from our economy and society and which I have sought to rebuild in turbulent times. The automotive sector will qualify for the BIC scheme and other high energy- intensive industries outside automotive will also benefit from the supercharger before it does. I regularly meet automotive industry figures, and the Department is deeply engaged with the sector. He will know some of the outcomes of those conversations and that it is a sector that has this Government and me on its side.”
“I am grateful for my hon. Friend’s thoughtful words. I can assure her that the ceramics sector and the subsectors she mentions are in my mind. I said in my statement that the Chancellor will set out in the near future the approach that we will take for industries that have been put into distress as a result of the action in the middle east—a war that we did not start, but a war that we are having to respond to. I am happy to stay closely in touch with her and the industries for which she is being a magnificent voice to ensure that we get any response right.”
“There has never been a steel strategy or a quality piece of strategic thinking from the previous Government, which is why the strategy I announced was universally welcomed by the sector.”
“The scheme we have designed is aimed at manufacturing. The figure the hon. Member quotes is for all businesses in the UK, whereas this is one scheme aimed at competitiveness within the manufacturing sector. I hope that when he reflects on his comments, he does not expect us to announce a scheme for every business in all circumstances. That is what Liz Truss did, wasting enormous amounts of money—a third of those billions went into the pockets of high earners. We need to be targeted and growth orientated and support the great businesses out there. I have invested £2.5 billion into steel. I am modernising steel and protecting it where I have to. I am proud of the strategy we have.”
“When it comes to the long-term regeneration of the Potteries and the ceramics industry, as I have said already, I am willing to meet the industry itself to listen to and learn from their insight and the challenges they face, but also the opportunities they have as we rebuild our economy after the damage caused by the previous Administration and ensure that we get growth back into our economy.”
“I thank my hon. Friend for his passionate intervention. I understand the pressing needs and am fully aware of the issues facing Denby, which is partly, I believe, in his constituency. I have been in touch with the regional mayor about it numerous times since that situation unfolded. I certainly wish the workforce well and hope that the interventions and the partnership that the Government have been providing alongside the regional mayor will mean that a buyer can be found, which I am convinced is perfectly possible.”
“I am grateful to the shadowy Business Minister for his greatest hits performance for the House today. He says that supporting 10,000 businesses is nothing. I can tell him that it means a hell of a lot for those businesses getting that support, because it will mean a 25% reduction in their energy costs. It is being paid for, of course, by reducing some of the tariff charges and by some of the other Government schemes that offer relief. It is also paid for partly by the Exchequer, which is funded by people who pay their taxes.”
“I am extremely grateful for my hon. Friend’s representations and reflections. I can assure her that the BIC scheme is being calculated on the electricity intensity threshold. It is for those manufacturing businesses that have electricity as a significant part of their costs of doing business. In the summer, we will announce an eligibility checker so that every business can go and check their own eligibility for the scheme going forward. I am keen to stay in touch with her because her area around Derby, of course, is part of the manufacturing renaissance, creating great opportunities for not just her region, but the whole country.”
“I am thankful for the right hon. Member’s acknowledgment of the work we are doing to invest in Wales—not only the small modular reactor, which we are already starting to construct the site for, but the investment in two AI growth zones. This is a Government that, since we came into office, take investment into Wales and the reindustrialisation of Wales incredibly seriously, and both those things are starting now. On food and agriculture, I spoke just yesterday with the Environment Secretary. We are in touch over these issues and sit in the same committees where we talk about all the specific challenges as we scenario plan for impacts that may or may not result from the conflict in the middle east. That work will continue, and she can rest assured that farmers, alongside other key sectors in our economy, are at the forefront of our mind.”
“Embedding the foundations for growth in our economy is what hospitality needs more than anything else. Of course, I meet UKHospitality regularly and I have roundtables with the sector. I represent Hove, which has a thriving hospitality sector, where I meet people on the frontline all the time. I always enjoy engaging with my hon. Friend on these issues too.”
“My hon. Friend gives voice to the hospitality sector, and she is absolutely right: the hospitality sector is important for so many reasons. For many people, it is the most interaction they have with the frontline of the economy. It is the place people go for light relief and fun—and, my goodness, we deserve more fun as a country more often. It is also often the first part of the pathway into the economy, because many people’s first job is in hospitality. I recognise that hospitality is an incredibly important part of our economy, for all those reasons. What the hospitality sector needs first and foremost is economic growth, so that people have more money in their pockets to spend. That is why today’s news that we reached economic growth of 0.5% in the quarter leading up to the end of February is so significant.”
“I thank the hon. Gentleman, who is a friend, for his kind words. We have designed a scheme that is for Great Britain, but we have not forgotten Northern Ireland—I do not think he would expect me to forget Northern Ireland in any aspect of my work. We are working with the Northern Ireland Assembly to ensure that we have a scheme that is appropriate and matches the scale of the opportunities that BICS presents to Great Britain, so that all parts of the United Kingdom can benefit in one way or another and the benefits are felt by those fantastic manufacturers he mentioned.”
“The fact that Ensus was mothballed and not allowed to go bust shows that we are thinking very deeply and carefully about resilience and economic growth, and not just for today but for the long term.”
“My hon. Friend speaks eloquently about the challenges that industry has faced in the de-industrialising period of a previous Conservative Government but also the opportunities that are there for the re-industrialising purpose of this Labour Government. Some of the companies she mentioned are, I imagine, in sectors that BICS will be very meaningfully able to support. I hope those companies will work with my Department to ensure that implementation is as effective as possible, and the eligibility checker, which will go live before too long, will mean that those companies can check their eligibility directly. In general terms, we are investing in industry in our country. We are working tirelessly with aerospace, automotive and other key parts of the industrial landscape.”
“I was down in the south-west just last week at Agratas, one of the largest battery production plants for electric vehicles in the whole of Europe. The sheer scale of manufacturing development in the south-west is typical of the renaissance and the capability of the region. The Agratas plant also shows the Government’s securonomics approach in action, with 230 tonnes of British steel being used in the production. From the roof, we can look across and see Europe’s largest nuclear power station being built. It is a real testament to the vibrancy, ambition and capabilities that we see right across the south-west.”
“My hon. Friend mentioned palaces—is he living in a palace, I wonder? Given the success he has outlined in his career in manufacturing, who knows? I can assure him that manufacturers across his constituency will benefit from the BIC scheme. In the summer, the eligibility checker will confirm which businesses can benefit, but this is about competitiveness. He is describing businesses that are already competitive and will become more competitive on the back of the BIC scheme and therefore be able to export and be a real credit to our country and economy.”
“I am highly aware of my hon. Friend’s advocacy for those sectors; she is a true credit to them. The BIC scheme is about competitiveness. It has been designed in co-operation and partnership with business. Only one in 10 businesses in our country is exporting, but we have secured great trade deals with South Korea through to India, as well as the economic prosperity deal with America, and of course we are continuously rebuilding the relationship and creating new opportunities with the European Union—the most important trading bloc. I can assure her that the BIC scheme is part of making us even more competitive and more able to prosper on the global trading scene.”
“I remember that visit well, and I will reflect on my hon. Friend’s words, as I always do. The eligibility checker will go live in the summer, and the businesses she refers to will be able to check their ability to benefit from what she correctly describes as a highly impactful scheme.”
“As we see at Sheffield Forgemasters, electric arc furnaces have the technical capability that we need to produce steel to the very highest of standards for nuclear, for aerospace and for defence. This is important, as traditional blast furnaces will eventually reach the end of their operational lives. [Interruption.]”
“I believe that is essential for the resilience of sectors reliant on steel imports, including the car industry, construction and defence. We will review the measure in 12 months to make sure that it is working effectively. Our approach reflects months of engagement between my Department, the Steel Council, businesses and trade unions. I thank the trade unions that have helped us, officials in my Department who have poured their heart and soul into this strategy, and my ministerial team for their contributions and leadership. We continue to engage constructively with the EU to protect vital UK-EU steel trade given our highly interconnected supply chains. Beyond the trade measure, we are backing electric arc furnaces to shift to greener, decarbonised steel production.”
“I have done so to shield Britain’s steel industry from the damaging effects of global overcapacity, to ensure that Britain’s steel industry contributes fully to our critical national infrastructure and our defence, and to shore up the UK’s resilience to global shocks. Without this action, the UK’s steelmaking capability faces real jeopardy, leaving us reliant on overseas suppliers. I will not let that happen. Steel is essential for our energy security, our transport infrastructure and our industrial strategy, and in this volatile geopolitical climate in which we find ourselves, that kind of dependence is weakness. Britain’s national interest requires the strength of British-made steel. The tariff will be implemented once import quotas have been fully met.”
“That is on top of the £500 million that we have pledged for the steelworks at Port Talbot. Our ambition is for domestic production to meet up to half of Britain’s domestic demand. To support that effort, we will introduce a new trade measure to replace the existing safeguard. From 1 July, overall quotas for imported steel will be reduced by 60% compared with the safeguard. All steel coming into the UK above those levels will be subject to a 50% tariff. This measure will apply to imported steel products that can be made in the UK. This is not a decision that I have taken lightly.”