Part of Oral Answers to Questions — Prime Minister – in the House of Commons on 5th June 2019.

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Photo of David Lidington David Lidington Chancellor of the Duchy of Lancaster, Minister of State (Cabinet Office)

The hon. Lady asks about Government help for the steel industry. The answer to her question is that we have provided taxpayer-funded subsidies to cut energy costs in the steel industry. We have also supported globally, and introduced here, trade defence measures to shut out unfair competition and the dumping of steel. When I was in Sheffield a few days ago, I talked to specialist steelmakers in South Yorkshire who welcomed this Government’s commitment to the advanced manufacturing centre there and to the work we are doing on technical and vocational training. They were optimistic about the future of steelmaking and manufacturing in this country under the policies that my right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy has been taking through. When I looked at the hon. Lady’s video about the Labour party’s new commitment to what it terms a green industrial revolution, I saw that it concluded with a focus on words about renationalisation and bringing industries back into public ownership, as if that were the way forward. We know from the CBI that the cost of that would be £176 billion, taken from the pockets of taxpayers throughout the United Kingdom. That money could be used to build 3 million new homes. Those Labour policies would put at risk the finances of decent working families in every part of this country.