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Steel Industry (Special Measures) Bill

I wholeheartedly endorse what my right hon. Friend said. All new Government Members should be aware that the explanatory notes to the Bill, which have only just been circulated to colleagues, make it very clear—[Interruption.] I hear cries of “Shame!” from behind me. On the financial implications of the Bill, the explanatory notes say that there has been no impact assessment of the effect on the country’s finances, and nothing has been prepared for this House while we make this decision today.

The Bill is a sticking plaster for a Government who, in opposition, had years to come up with a plan, but they have dithered and delayed. Ultimately, nothing will change for UK steel until the Government understand the damage that unrealistic and impossible “net zero by 2050” targets have done to British business and industry.

We have heard a range of really excellent contributions from my hon. Friends. From the Father of the House, we heard an excellent exposition of the importance of this industry to his constituents in Lincolnshire and the impact of energy costs on the industry. We heard from the great champion of the industry, my hon. Friend the Member for Brigg and Immingham, who has regularly brought this issue to the forefront of Members’ consideration. We heard from my right hon. Friend the Member for Goole and Pocklington (David Davis), and from my right hon. Friend the Member for Chingford and Woodford Green (Sir Iain Duncan Smith), who raised incredibly important issues to do with tariffs and China. We then heard from my right hon. and learned Friend the Member for Kenilworth and Southam (Sir Jeremy Wright), who raised some important legal questions.

If I may in the time available to me, I would like to raise a few further detailed questions for the Minister to respond to when she gets to the Dispatch Box. The Secretary of State has said that he does not want these powers indefinitely, so why will Labour Members not back our amendment to implement a sunset clause for this Bill?

We have heard from a range of voices in the debate about the confusion over the territorial extent of this legislation. It makes it very clear that the territorial extent applies to England and Wales only, yet clause 2 refers clearly just to England. There is another thing I would like the Minister to make clear at the Dispatch Box: if a new provider came into the UK and decided to set up a new steel-making enterprise in England or Wales, would that new enterprise be covered by this legislation?

Can the Minister also tell the House what the Attorney General has advised on compliance with international law, including article 1 of protocol 1 to the European convention on human rights, the World Trade Organisation subsidies agreement, and the trade and co-operation agreement, particularly with reference to state aid?

The Secretary of State was unable to tell the House this morning how much this intervention will cost. We are being asked this afternoon to sign off on a bottomless pit of money. How often will this House be given an update on how much taxpayer money is being sent into this bottomless pit? Families across the country are already being hit in the pocket every day. Can the Minister give the House a ballpark figure from the Dispatch Box? Are we talking about £100 million a year? Are we talking about a billion? Are we talking about more than a billion?

It is a fact that the Government themselves have made the situation worse for the steel industry with their determination to impose higher energy prices, higher taxes and higher business rates. Where is the steel strategy that they have had nine months to develop? What we can say with certainty about today’s legislation is that this is no way to govern the country. Whenever Labour negotiates, Britain loses. We can see for ourselves that this is a Government controlled by events; they are not in control of events. Yet, according to the Secretary of State, it is everyone else’s problem and nothing to do with them. This Government have treated Parliament with disdain. We have had nine months of dither and delay for these workers at Scunthorpe. When Labour negotiates, Britain loses. I look forward to hearing the answers to all those questions from the Minister.

1.49 pm