G20 Summit

Joanna Cherry Excerpts
Wednesday 7th September 2016

(7 years, 7 months ago)

Commons Chamber
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Theresa May Portrait The Prime Minister
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It is absolutely not true that this Government have taken no action. The whole question of global overcapacity is significant in the steel industry, and it is an issue for other industries as well. That is why it is important that this forum, on which the Chinese will be represented, has been set up. Let us look at the various ways in which we have been supporting the steel sector. The industry had certain asks of us. We secured state aid to compensate for energy costs, and flexibility over EU emissions regulations. We made sure that social and economic factors can be taken into account when the Government procure steel. We successfully pressed for the introduction of anti-dumping duties to protect UK steel producers from unfair trade practices. This Government have taken and will continue to take many steps, because we recognise the importance of the steel industry to the UK.

Joanna Cherry Portrait Joanna Cherry (Edinburgh South West) (SNP)
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When the Prime Minister was in China, did she have any discussions with the leaders of France and Germany as to which city is likely to replace the City of London as Europe’s financial capital when the City’s current trading relationship with Europe is severed? If she did not, when she does, will she please ask them to consider Edinburgh, which is currently the UK’s second largest financial centre and is the capital city of a country with a Government who are very clear that they intend to remain in the single market?

Theresa May Portrait The Prime Minister
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The hon. and learned Lady raises the issue of Scotland and whether it will be part of the European Union’s single market post-Brexit. The decision that was taken on 23 June was a decision of the people of the United Kingdom to leave the European Union. The best thing for growth and prosperity for Scotland is to remain part of the United Kingdom, and I intend to make sure that when the UK has left the European Union, we will be able to seize opportunities that will be to the benefit of people across the whole United Kingdom, including Scotland.