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1128898
registered interest false more like this
date less than 2019-06-03more like thismore than 2019-06-03
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Iron and Steel: Recycling more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of creating a more sustainable steel industry with a focus on recycling steel. more like this
tabling member constituency Newcastle-under-Lyme more like this
tabling member printed
Paul Farrelly more like this
uin 259037 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-11more like thismore than 2019-06-11
answer text <p>We are working with the sector, the unions and devolved administrations to support the UK steel industry to develop a long-term sustainable solution for the UK steel industry. The Department commissioned independent research to identify high value opportunities for UK steel, worth up to £3.8 billion a year by 2030.</p><p> </p><p>In the 2018 Budget, my rt. hon. Friend Mr Chancellor of the Exchequer announced an Industrial Energy Transformation Fund with investment of £315 million to help businesses with high energy use to cut their bills and transition UK industry to a low carbon future. Through the Industrial Strategy Challenge Fund, we are also providing up to £66 million, subject to industry co-funding, to transform foundation industries which includes steel, to develop radical new technologies and establish innovation centres of excellence in these sectors.</p> more like this
answering member constituency Pendle more like this
answering member printed Andrew Stephenson more like this
question first answered
less than 2019-06-11T15:54:14.667Zmore like thismore than 2019-06-11T15:54:14.667Z
answering member
4044
label Biography information for Andrew Stephenson remove filter
tabling member
1436
label Biography information for Paul Farrelly more like this
1128210
registered interest false more like this
date less than 2019-05-22more like thismore than 2019-05-22
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Research Fund for Coal and Steel more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the economic effect on the UK steel sector of losing access to the Research Fund for Coal and Steel as a result of the UK leaving the EU; and what steps he is taking support that sector. more like this
tabling member constituency Motherwell and Wishaw more like this
tabling member printed
Marion Fellows more like this
uin 257509 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-05more like thismore than 2019-06-05
answer text <p>The Government recognises the importance of R&amp;D to help transform the steel sector so it can play a vital role within our modern Industrial Strategy. Increasing investment in R&amp;D was one of the key recommendations in our 2017 <em>Future capacities and capabilities of the UK steel industry</em> study (<a href="https://www.gov.uk/government/publications/uk-steel-industry-future-market-opportunities" target="_blank">https://www.gov.uk/government/publications/uk-steel-industry-future-market-opportunities</a>), which sets out how the industry can increase its profitability and sustainability.</p><p>The Government’s priority remains ensuring that the Withdrawal Agreement is ratified. This would ensure that UK entities’ right to participate in the Research Fund for Coal and Steel – including bidding for funding – would be unaffected until the end of 2020.</p><p>We are considering options for supporting R&amp;D in steel beyond 2020 and will continue to work with the sector, unions and Devolved Administrations to develop a viable long-term solution. The Government will decide on science and innovation expenditure, including on R&amp;D for steel, in the next Spending Review.</p>
answering member constituency Pendle more like this
answering member printed Andrew Stephenson more like this
question first answered
less than 2019-06-05T08:40:40.86Zmore like thismore than 2019-06-05T08:40:40.86Z
answering member
4044
label Biography information for Andrew Stephenson remove filter
tabling member
4440
label Biography information for Marion Fellows more like this