Iain Wright
Main Page: Iain Wright (Labour - Hartlepool)Steel Industry
Iain Wright Excerpts(8 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Sajid Javid
Yes. My hon. Friend will be aware of the action we have announced to help workers and their families in Redcar with the job losses that have been announced. If there are any more, we will look into taking similar supportive action.
Mr Iain Wright (Hartlepool) (Lab)
Caparo Industries’ entering administration is another major blow for the steel industry on top of the blow after blow it has sustained daily. That will be particularly felt in Hartlepool, where 200 people are employed by the company, which pumps millions of pounds into the local economy. Yesterday, the Minister for Small Business, Industry and Enterprise launched the metals strategy with the vision of increasing gross value added by 50% and making the steel industry the principal supplier to the UK’s infrastructure projects by 2030. What is the Secretary of State doing to bridge the gap between the short-term existential threat to the industry, with companies, skills and jobs dropping like ninepins day after day, and that long-term vision? Frankly, if he does not take urgent action now—within days—there will not be a British steel industry left by the end of the year, let alone 2030.
Sajid Javid
The hon. Gentleman is quite right to mention Caparo Industries and the news that came out in the past 24 hours about its administration. That could clearly have a significant impact on communities in West Bromwich, Wolverhampton and elsewhere. As for having a longer term focus, the metals strategy—I believe that the hon. Gentleman was at the launch yesterday—is just one of our responses. We are ensuring that we listen to industry, work with the relevant sector councils and get full support not only for the large companies but for companies all the way down the supply chain as regards steel and other British manufactured products.