Oral Answers to Questions

Gareth Snell Excerpts

Thursday 1st May 2025 Commons Chamber

[Jonathan Reynolds]

I recognise the shadow Secretary of State’s concern, but let me reassure him on that point. The options available to the Government were: first, the total collapse of British Steel, which would have had an incredible cost to the Exchequer of well over £1 billion; secondly, the request from Jingye for £1.2 billion, which the Leader of the Opposition said she did or did not agree to in some way with it going to Teesside, at very significant cost; or thirdly, as we have done so far, the provision of working capital to British Steel in order to pay wages and continue the purchase of raw materials and the operation of the business. Of course, those costs will be incurred by the company, because they will enable it to produce and sell steel. I will write to him with the details if he is not confident in the decision that we have made, but it was the right decision not just for the steel industry but for the taxpayer.

[Gareth Snell (Stoke-on-Trent Central) (Lab/ Co-op)]

T3. Wherever possible, I think we should buy British, and that obviously starts with buying British-made ceramics. May I encourage the Department of Business and Trade to support my Ceramics (Country of Origin Marking) Bill, which would crack down on cheap imports and fakers who pass off their products as British wares? It is important for the consumer to know that when they buy British, the goods are made here in the UK.

[Jonathan Reynolds]

I am always keen to support my hon. Friend, and I will certainly consider that legislation. We are not a protectionist Government—we welcome open and free trade—but we believe British goods can compete on quality, and his area is a fine example of that. Where British goods are being undercut, not by price and fair competition but by misrepresentation and fraudulent practices, we take that seriously and have taken more powers to deal with it. I am sure that he will raise this shortly during the urgent question. We will ensure that we give him the support he needs to pursue it.