The comments made by Seema Malhotra, the Shadow Business Minister, on 11 October 2021.
This is welcome news for Liberty Steel communities and workers in towns across the country. The steel industry is of vital strategic importance for our economic prosperity and national security.
However, the sector faces an insecure future after eleven years of Tory neglect. The Government’s lack of industrial strategy means the steel industry is lurching from crisis to crisis. The Conservatives must put forward a proper plan to decarbonise the sector, boost business competitiveness, and use British steel in UK infrastructure projects to safeguard the steel industry’s future.
Labour would invest up to £3bn over the coming decade in greening the steel industry. We would work with steelmakers to secure a proud future for the industry to match the proud past and present of Britain’s steel communities.