British Steel

Part of the debate – in the House of Commons at 1:05 pm on 24th July 2019.

Alert me about debates like this

Photo of Greg Clark Greg Clark The Secretary of State for Business, Energy and Industrial Strategy 1:05 pm, 24th July 2019

The hon. Gentleman and I share a view about the importance of steel and manufacturing. At the University of Huddersfield, the national rail testing facility is a very important part of our contribution to increasing standards of technological development, so he is absolutely right. When it comes to the steel industry, the key thing is having an owner that, in my view, is willing and has an ambition to invest for the future. Since the official receiver is encouraged by the level of interest, what we in the support group—I would observe that it is a pragmatic group of people—want to do is to support those bidders to make sure that we have the long-term future we all want.