British Steel

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

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

I am grateful to the hon. Gentleman for his kind words. It is not that the sector deals do not fit at all; it is that that would require investment on behalf of the industry, the players in the sector, and in recent years that investment in the future has not been as readily available or forthcoming as it has been in other industries. I hope that will change. I have a big appetite to invest alongside the sector, as we do in others, so there is absolutely no question but that it is available, and I hope that we will be able to conclude one very quickly.