YouSaid · the spoken record
Liam Byrne
We hold 35 passages that may be Liam Byrne’s. We do not publish them until we can confirm who spoke. See the correction.
On the record 2004–2026
hansard · podcast
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“One million more people are forecast to be in work between now and the end of the forecast period—that is 550 people back in work every single day. Economic expansion of £200 billion has been forecast for this Parliament—that is twice the level achieved under the last Parliament. GDP growth per capita is forecast to rise by £2,500 over the course of this Parliament—that is 36 times more than was achieved under the last Government.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Well, I am going to start by commending the Chancellor for what I thought was a Budget that is going to leave our country richer, fairer, stronger and safer. It has been my privilege to know the Chancellor for many years, and over the course of those years, he has been a modest man. The truth, though, on the basis of the numbers that he set out to the House today, is that he has nothing to be modest about. He has been able to tell the House today that we have delivered the joint highest growth in the G7. We have had the second biggest uplift to growth in the G7. Whole-of-economy investment is now at the highest rate since 1990. Productivity growth has been upgraded again and is now back in line not just with the growth rate but with the growth achieved by our competitors.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The Chancellor should take some pride in having delivered a Budget statement today that leaves our country stronger and fitter for the future.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The Committee will announce important recommendations on statutory safety legislation, which we think is needed in the here and now, and we will have a report out before Christmas about how we think workers should be supported and reskilled for the future. We have a tremendous future ahead of us if we get this right, but if we pretend that we can somehow leave it to the market to decide, rather than building a strategic partnership between the public and private sectors for the future, I am afraid that we will miss the opportunity that lies before us. This is a Budget that, by and large, will be welcomed by business. More and further reform is needed, which I hope our Committee will influence in the 10-year plan and the CSR next year.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“We have been inventing the future and making history for 300 to 400 years in this country, but if we are to reindustrialise in the way that the Prime Minister has set out, we have to marry artificial intelligence, traditional engineering and cyber-engineering on a completely new level for the years to come. The IS-8—industrial strategy 8—needs to become the AI-8. Crucially, we have to recognise that we are not going to spread artificial intelligence through our economy unless people trust it. That means that we will need new regulation to keep it safe and secure for the future, and we will have to ensure that there is a just transition for workers as they go through this new industrial revolution.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“We are not short of long-term savings or of genius, but what we have got to do is match the money to the ideas and the entrepreneurs at a completely different scale for the years to come. My final point is about artificial intelligence. The Chancellor made some very important announcements about investing in artificial intelligence, and in artificial intelligence safety and security for the future. That builds on a number of initiatives started under the last Government, in particular by the former Prime Minister. Again, we have to grasp the fact that the way that we are going to reindustrialise our country is by marrying AI to HI—human ingenuity, the British genius that we have in such abundance on these isles of wonder. This is the home of the scientific revolution. This is the home of the industrial revolution.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The £25 billion that has been announced today for the National Wealth Fund and the British Business Bank is incredibly important, but that now has to be used to leverage in more of our long-term savings in order to expand enterprise in every postcode. We heard evidence at our Committee yesterday that underlines that the enterprise rate in our country is now at the highest level it has ever been. We have doubled the entrepreneurship rate since 1999, but too few of those businesses are surviving for the long term because we are not investing in ourselves. Let us rebuild regional banking, let us put business banking back on the high street and let us couple that with stronger, sharper incentives for our angel investors and venture capitalists. We are making some progress, but it needs to be much faster.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Member for Godalming and Ash (Sir Jeremy Hunt), who is no longer in his place, made some important changes with the Mansion House accord, but the reality is that our country is not short of long-term savings—we have £3 trillion of long-term savings. Our problem is that we invest the lion’s share in other countries rather than in ourselves. Eighty per cent of the long-term savings that we channel into equity investment goes abroad rather than here, yet the Mansion House accord is proceeding so slowly that we are going to miss our target by a decade. That is not good enough. I would like to see the Chancellor go further and faster on repatriating pension fund investment.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Today, I am publishing our Committee’s analysis, setting out where we would like to see the Chancellor do more, including further changing the business rate structure; changing VAT thresholds for small business; ensuring there is real accountability to drive Government procurement into the bank accounts of small business; going further to tackle the peril of late payments—not just tackling rogue traders, but tackling rogue customers who do not pay on time; and getting much tougher on high street crime by tackling bogus self-employment that undercuts good and honest traders on the high street. These are all important things that will help our small businesses to grow. Crucially, as a nation, we have got to crack the challenge of investing in ourselves. The former Chancellor, the right hon.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I welcome the statement from UK Private Capital today that said that the Chancellor delivered “pro-investment” measures that should “make the UK a more attractive place to invest in and grow a business.” That is a really important judgment. The Startup Coalition has said that today’s Budget delivered the best news for start-ups and scale-ups that has come out of a Government in years. Those are important credentials. Of course I would have liked to have seen the Chancellor go further.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“But if we want growth in every postcode, then we need enterprise in every postcode, and if we want enterprise in every postcode, then we are going to need surge finance into every postcode. We have got to step further and faster ahead of the proposals the Chancellor has laid out today to back those little engine rooms of growth in each of our constituencies: they are the people who work out of white vans—where I started my working career; they are the people on market stalls, on high streets and in every business park; they are the wealth creators in this economy—the visible economy that employs millions of our constituents.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“However, the response of the gilt markets this afternoon has been positive; they have respected the buffer that the Chancellor has been able to leave, but above all they have welcomed the fact that, where we have made changes to deliver real help now to the people we come to this House to serve, we have also stepped up and made the difficult decisions about how we are going to pay for those changes. We have not tried to borrow it on the never-never, as the Conservatives sought to do in the past, and that is exactly why we are retaining the confidence of the bond markets. For Labour, growth in and of itself is never enough, and that is why growth in every postcode is an important political priority for this Administration.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I am not giving way. Crucially, the OBR says today that GDP growth is now structural, therefore raising the potential for output growth over the course of years to come. Of course, that is helping the Chancellor to deliver the fastest fiscal consolidation in the G20. I want to use the time I have to make three quick points about the virtue of predictability, about small businesses—a particular interest of our Committee—and about AI. The Chancellor has been able to deliver, and, despite the challenges posed by the war in the strait of Hormuz, he has managed to keep to the fiscal rules. Now, I am old enough to remember when the fiscal rules used to change every couple of years, depending on which faction was uppermost in the Conservative party. We used to zig-zag here and there, and the markets had no predictability.”
House of Commons28 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“What has gone remarkably unremarked on in this debate is the role of Ofcom, to which we give £222 million a year. It is systematically failing to put in place a plan to improve the service at Royal Mail. The Select Committee has given Ofcom six months, expiring in a month’s time, to show that it is improving performance at Royal Mail. We insisted that at that point Ofcom tells us what new powers it needs to get Royal Mail to deliver, because fining Royal Mail into improvement has failed, and is likely to fail again. Can the Minister tell us what conversations she has had with Ofcom? What powers will she seek to give it if the situation persists?”
House of Commons26 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The petitioners therefore request that the House of Commons urge the Government to work with the West Midlands Fire Service and other relevant bodies to keep Ward End Fire Station open. And the petitioners remain, etc.] [P003248]”
House of Commons26 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“And the petitioners remain, etc.” Following is the full text of the petition: [The petition of residents of Birmingham Hodge Hill & Solihull North. This petition declares that the West Midlands Fire Service must keep Ward End Fire Station open; further that firefighters have warned that the Service is considering the closure and sale of the station; further that such a closure would leave a gap in local fire cover for residents of Birmingham Hodge Hill and Solihull North, with crews having to travel further to reach emergencies; further that fire engines would be moved to the Fire Service headquarters near the city centre and that one vehicle's cover would be reduced from 24 hours a day to daytime-only operation, increasing danger at night; and further that residents fear that closing Ward End Fire Station would place both local people and firefighters at greater risk.”
House of Commons26 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I rise to present this petition on behalf of residents of Birmingham Hodge Hill and Solihull North. It insists that Ward End fire station must stay open. The Fire Brigades Union has been warning for the last couple of months that un-thought-through cuts by West Midlands fire service imperil this fire station, yet the wildfires that we had across the constituency over the course of the summer underline how every single second counts and why these plans are wrong, wrong, wrong. They have not been discussed with the mayor; they are precipitate, and they need to be dropped now. The petitioners therefore request “that the House of Commons urge the Government to work with the West Midlands Fire Service and other relevant bodies to keep Ward End Fire Station open.”
House of Commons26 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“On Tuesday, the head of MI5 warned that AI could help terrorists to develop bioweapons. In the Select Committee, OpenAI and Anthropic told us that statutory AI safety controls are now essential. We are blessed to have the AI Security Institute in this country, but it is no longer enough. Will Ministers confirm that we will have Government amendments on Report of the Cyber Security and Resilience (Network and Information Systems) Bill to ensure that we have statutory AI protections to keep this country safe?”
House of Commons15 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I commend the Prime Minister on what has been a flying start on the world stage, and I welcome news of a better, stronger deal with Europe that will cut costs and cut bills this winter. It is very clear to us, on the evidence that we have received, that the deal we inherited has left red tape strangling our businesses in general, and strangling small businesses in particular. The EU’s “Made in Europe” proposals risk destroying any ambitions to reindustrialise our country. To avoid that peril, we will have to get serious with the EU in tackling unfair competition from China. Will the Prime Minister reserve the right to introduce new tariffs on unfairly subsidised imports from China, so that British and European businesses have a fair and level playing field on which to compete?”
House of Commons12 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The loss of 4,000 jobs at Jaguar Land Rover is a body blow for workers, families and communities across the west midlands, so I commend Richard Parker, the Mayor of the West Midlands, for moving quickly on Monday to put £500,000 on the table to help ensure that everybody gets back to work. Will the Minister pledge that if more is needed he will act to back the mayor in getting everybody back to work? More broadly, will the Minister reiterate the pledges he made yesterday in front of the Select Committee to bring down costs—especially energy costs—and leave his mind open to the necessity of implementing tariffs on China, which is exporting cars that are over-subsidised? At the end of the day, everybody in the House believes in competition, but it needs to be fair competition.”
House of Commons9 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“That is what is needed to give the measures full effect, full force and real teeth, and we know that nothing less will do.”
House of Commons8 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I wholeheartedly welcome this well-rounded statement from the Foreign Secretary, and put on record my thanks to the new Prime Minister for the hard yards that I know he has put in over recent days and weeks. It is not enough to recognise the state of Palestine and then stand idly by while illegal settlers destroy the Palestinian state and the Palestinian economy. I have to correct the shadow Foreign Secretary: he did not give an accurate representation of the correspondence between Ministers and my Committee. But when Ministers came before us on 15 July, they did tell us that they lacked the legal power to fully implement the proposals that the Foreign Secretary has made today. Can he confirm to the House that he is taking on new legal powers in order to implement the full ban that he is proposing on goods, services and investment?”
House of Commons8 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I am grateful to my hon. Friend for giving way, and I offer my warmest congratulations to her on her appointment to the role; she will be a brilliant Minister. She will know that many in this House welcome the update to the legislation proposed by Ministers to ban cryptoassets, but she will also know that the measures that have been proposed by His Majesty’s Government do not go far enough. In particular, they still permit money to be routed through crypto exchanges, turned into fiat and then donated on. Secondly, they still permit donations through things like memecoins. Will she look at the measures in new clause 34, which is supported by 51 Members of this House, so that over the passage of this Bill through this House and the other place, we can ensure that it is as tight and as tough as possible?”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“We have got to recognise that over the last five years £200 million has been assembled to build a media political complex on behalf of a party that thinks there is a problem with foreigners but not with foreign money. Frankly, it is time that we eliminated that kind of politics, argument and system from our country.”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The effect of new clause 34 would be to ban off-ramping, ban new forms of digital currency transactions and ban memecoins, which are exactly the kind of measures that Ministers now need to bring forward. If we want to take the crypto system out of political finance, this is what we need to do. The final point I want to make is about a larger hole in the Bill, which I hope we will square up to over the course of this debate. There are now Members of this House who are making more out of ad share revenue than they are from their salary. If Elon Musk decided to write a cheque to a political party, under the terms of this Bill it would be outlawed. If he decided to retweet something and generate tens of thousands of pounds in ad share revenue, it would be allowed.”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Under those rules, it would still be possible to move money through digital tokens; it would still be possible to move money through memecoins like the $BRITAIN token; and it would still be possible to aggregate it, convert it into conventional currency and then donate it, for example, to Restore Britain. We know that this is not some speculative feature of the system. We know that donations that have gone to Reform have been routed through cryptocurrency exchanges like Radom. Now, I have nothing against Radom; it is clearly wholly committed to transparency, which is why it has moved its domicile from Poland to the Cook Islands—that beacon of transparency. With risks like that multiplying, why on earth would we leave loopholes open?”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“That is why the measures in this Bill are needed, and that is why it will be madness if we do not use this Bill to once and for all eliminate not just cryptocurrency donations, but the cryptocurrency system from British politics. I welcome the moves that the Minister has made and the commitment she has made at the Dispatch Box this afternoon to continue to listen to the debate and ensure that the rules under the Bill are as tight as possible. However, the revelations in the newspapers over the summer underline why we must be as hard and as tough as possible. The truth is that right now, the amendments that the Government have tabled to the Bill are full of holes.”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“No doubt it is a complete coincidence that the man who has given Reform half of its fortune—more than £25 million—made his fortune in the crypto industry. No doubt there is an innocent explanation for all of that. I very much hope that absolutely no offences have been committed. No doubt there is an innocent explanation for all of it—and no doubt it will stink to high heaven to the British public. I very much hope that all of that has been above the law, but that is not the test for political finance regulation in this country. It is not enough to be above the law; conduct must be above suspicion. And right now, the conduct of political finance in this country is not above suspicion.”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“No doubt we will learn that Mr Cottrell was in fact on the electoral register when that money was passed. No doubt we will discover that his mother, Fiona Cottrell, declared and did not disguise the fact that the money had ultimately come from her son. No doubt there will be an innocent explanation for why loans to Reform through Britain Means Business were reclassified as donations, even though the party treasurer was not told about that. No doubt there will be an innocent explanation for why the hon. Member for Clacton (Nigel Farage), who—surprise, surprise—is not in his place, did not declare a £5 million donation before he was elected to this place and went off to lobby the Governor of the Bank of England on behalf of his cryptocurrency allies.”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Let me start with a word of thanks to my hon. Friend the Member for Chester North and Neston (Samantha Dixon), who is not in her place, who said quite rightly that an awful lot has changed since the Bill was first introduced to this House. Indeed, a lot has been revealed over the course of the summer. In fact, reporting in The Times , The Sunday Times , the Financial Times , The Guardian and Byline Times has now revealed 37 different questions around the finances of the Reform party, but no doubt we will find there is an innocent explanation for all of it. No doubt there is an innocent explanation for why Mr George Cottrell passed $2 million through US-based crypto exchanges just a day or two before he moved the money to his mother, who then went on to make big donations to Reform.”
House of Commons2 September 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Will he take this opportunity to put our minds at rest that the deal that he is commending to us today will not lead to higher NHS prices in future, and will not impair access to generic medicines?”
House of Commons14 July 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I congratulate the Minister on deal No. 6. A very warm thanks, on behalf of the Committee, to the hard-working officials in the Department for Business and Trade and to James Squire and the Foreign, Commonwealth and Development Office team on the ground in Berne. We very much look forward to scrutinising the deal on behalf of Parliament, with a debate that will no doubt be triggered in the Constitutional Reform and Governance Act period. The Minister will know, though, that there has already been some controversy this morning, about which he could perhaps inform the House. This is, I think, the first free trade agreement to lock in exclusivity arrangements around intellectual property for pharmaceuticals. That is a precedent that the House should debate.”
House of Commons14 July 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I very much welcome the Foreign Secretary’s statement. The alliance is growing stronger by the week, but it is clear now that national security rests on economic security. Can she update the House on what conversations she had about how the allies will come together to build and enlarge an arsenal of democracy for the 21st century, whereby we collaborate on defence industrial policy and defence finance strategy on a wholly new scale that is fit for this new age of insecurity?”
House of Commons9 July 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I welcome much of the Minister’s statement, but I am disappointed that there is not an outright ban on cryptocurrency donations. I cannot foresee us ever arriving at a place where the regulation is robust enough that it would be safe for cryptocurrency donations to proceed, so I would like to understand why the Minister is not proceeding with an outright ban. The point about having safeguards on the algorithmic amplification of hate during election campaigns is crucial. That affords certain candidates and certain parties millions of pounds in free publicity, and it affords them an income stream from social media platforms. Why are we not banning that now?”
House of Commons6 July 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I know the Secretary of State will join me in wishing the United States a very happy 250th birthday on Saturday. It was John Pym and Members of this House four centuries ago who helped found the American economy, and I know the whole House will wish the young republic well. But it is the Republic of France that I want to ask the Secretary of State about. Today, I am publishing correspondence between the Committee and the Port of Dover, warning that we will have, without doubt, a critical incident at the border unless France is persuaded to suspend the entry and exit system. The modelling has been done, and we know the chaos that will follow, so what will the Secretary of State do to ensure that we avoid this peril?”
House of Commons2 July 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“It also appears that a number of the quotas have been set in the wrong place, so will the Minister look again at the advice the Select Committee provided and come back to the House urgently—within the next week—with some adjustments to help safeguard a brilliant industry with a brilliant future ahead of it?”
House of Commons17 June 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I am grateful for this urgent question. Today, I am publishing the Committee’s correspondence with Ministers after the roundtable we held with steel producers, expressing a very high degree of alarm that these measures were not in the right place and thousands of jobs are now at risk. There is a loophole for the import of fabricated steel. Canada and the United States have both moved to close that loophole; there is a question about why we have not taken the same steps. Twelve months is too late. There are no exemptions for steel products that we do not make, as we have heard, and there is no clarity on the use of procurement to drive domestic production.”
House of Commons17 June 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The Committee is meeting steel makers later today and will supply the Government with its advice from that, but I want to raise the automotive sector. We are not going to double automotive production in the way the Secretary of State wants unless we fundamentally reform the zero emission vehicle mandate. Auto makers are subsidising sales by £5 billion a year. They are transferring money to state-subsidised players, such as BYD, and battery costs have not fallen. Will the Secretary of State bring forward a whole-market review and reform the ZEV mandate for good?”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Thank you for facilitating the urgent question, Mr Speaker. I welcome the announcements on fuel duty, but I did not hear the Chief Secretary say anything about remedies for the new costs on drivers of electric vehicles. Those new costs, imposed at the last Budget, are suppressing demand for electric vehicles to such an extent that UK automakers are having to subsidise demand by £5 billion a year. That is imperilling their future and imperilling the target of doubling automotive production by 2035. Can we have a statement about what the Government will do to reform the zero emission vehicle mandate and get in place a plan that leads to a thriving auto industry, not a dying one?”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The transition to electric arc furnaces that the Secretary of State is proposing is not cheap—it is extremely expensive. I think we are hoping that a lot of that money will come from the National Wealth Fund, but he does not control the National Wealth Fund or the allocations that it makes. The National Wealth Fund has not said anything about guaranteeing money for the kinds of ends that the Secretary of State has in mind, and the Government have declined to explain what will happen if steel projects are not funded by the National Wealth Fund. We therefore need a bit more clarity about where the investment resources for the Secretary of State’s plans are going to come from.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“In today’s world, we cannot afford to have a critical steelmaker like British Steel in the hands of a Chinese firm; we cannot, as Ronald Reagan once said, be innocents abroad in a world that is frankly no longer innocent. Regardless of those remarks, there are a couple of areas where I think the shadow Minister made some important points. I want to stress that although the Secretary of State is proposing some perhaps welcome statism, he must not forget the statecraft that is needed to make a success of this Bill. There are six areas I would like him to respond to very briefly, and I hope we will be able to strike a cross-party consensus around them. First, it is important that the Secretary of State wills the means and not simply the ends. We have, as the shadow Minister said, already spent a lot of money on this.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I will be very quick, because I know that colleagues are keen to get in. I am going to speak against the amendment and in support of the Bill for the simple reason that a speech such as the one we have just heard from the shadow Minister may have just about cut the mustard five or six years ago, but it certainly does not work today in a world of weaponised interdependence. It does not work in a world where President Trump is back in the White House or where President Xi is prosecuting the sixth five-year plan, as he is. The critical point in this debate, which the Secretary of State made very well, is that we must have a sovereign capability to make steel.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“There will be a lot more work to do in the Bill’s subsequent stages to satisfy the House that he has got right the statecraft package behind this measure of statism. I look forward to hearing some reassuring noises on that point when the Minister winds up.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“One of the virtues of this Bill is that it bestows on the Secretary of State the power to ensure that there is consolidation in the UK steel industry for the future needs of the economy. In particular, it should allow us to take assets that have gone to firms that are currently out of business, and to rationalise the industry in a way that makes sense. I would like to hear more about what the Secretary of State is proposing when it comes to consolidating the industry. Ultimately, in the world that we are in, when there are so many visible hands in the global economy interfering with the free market in steel, we will have to have a stronger visible hand. That is what the Secretary of State is proposing through this Bill.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The penultimate area I want to touch on is scrap supply. The Secretary of State has ultimately come to the conclusion—wisely, I suspect—that we should shift to electric arc furnaces, but that kind of industry model will work only if there is a healthy supply of scrap. I think that Ministers are being just a tiny bit too complacent about whether we have the plans in place to source all that scrap. I know that there is a roundtable proposed for later this month, but as part and parcel of ensuring that the steel strategy actually works, can we have, at the very least, a read-out for Parliament about what scrap supplies will be kept in our country, rather than exported? The final point I wanted to flag is about consolidation.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“We must ensure that there is a proper demand curve from the UK state for the things that British Steel makes. In the British economy, British state procurement makes up £1 in every £6. Right now, despite the excellent changes in the Procurement Act 2023, we do not have a sufficiently clear forward pipeline. That has to change, not least because when we talk to defence companies—which are, of course, patiently awaiting the defence investment plan—and defence contractors, they still tell us that the kind of steel that they need to make the things that keep this country safe are not made in this country. Ensuring that there are advanced market commitments alongside the defence equipment plan, along with the range of other big, long-term ambitions that I know the Secretary of State has, is very important.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“As the hon. Member for Bridgwater (Sir Ashley Fox) rightly points out, that is an essential component of the package. The third area that the shadow Minister was right to highlight is the issue of tariffs. This is now an urgent issue. The Committee heard evidence this afternoon at our own roundtable about the need to refine the tariff structures that have been put in place. The key thing is that we get a better deal with the European Union, to which we export 80% of our steel. It is about to cut tariff-free quotas by 47%, double tariffs from 25% to 50%, and impose melt and pour requirements. Unless we can get a deal in place with the European Union before the end of July, I am afraid that many of the good intentions behind this Bill will be confounded. The fourth area is procurement.”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“The hon. Gentleman makes an excellent point that I am about to come on to. My point, I suppose, is that there is a case for this Bill. I think it is actually quite important, and the powers that it confers are also important, but if we are to get value for money from it, there have to be five other components, which I will come on to now. The second area is lower energy costs. The British industrial competitiveness scheme is welcome, but it does not come online until 2027. Steelmakers, like much of our manufacturing industry, are saying very clearly to the Business and Trade Committee that there is a widening gap between UK wholesale electricity prices and the prices of our peers in the wake of the Iran crisis. My question to the Minister is: what further targeted support will be available to energy-intensive industries before 2027?”
House of Commons21 May 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“Will the Minister confirm that the technical working group that he has set up to revise that code will proceed, and will he commit to bringing forward further amendments to future legislation to give effect to the ambition that he set out in response to my new clause 17?”
House of Commons22 April 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗
“I congratulate my hon. Friend on stewarding the Bill with such expertise, and I very much hope that the cultural change that he is hoping for sticks and that we do not just get an unwinding of the repatriation of UK investment. A necessary corollary of what he is proposing is a fiduciary duty and a fiduciary code that give pension fund trustees real clarity in investing in a wide range of investments that are good for the long-term health of the savings they are stewarding. It was unfortunate that the other place rejected the Government’s amendment that would have allowed a new statutory code to be implemented.”
House of Commons22 April 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗