UK politics: No 10 ‘confident’ on securing supplies to keep Scunthorpe furnaces burning – as it happened
PM’s spokesperson says ships carrying materials needed by the steel plant have docked in LincolnshireAlso on the morning media round today was shadow business minister Harriett Baldwin, who endured a torrid time on Sky News while being repeatedly pressed to acknowledge any culpability for the British Steel crisis by the previous Conservative administration that sold the company to current Chinese owners Jingye in 2019.The MP for West Worcestershire was told the appearance was “a wonderful opportunity for you here right now, with our viewers on Sky News, to say, look, it was a mistake. We understand that, and we support the government. Do you want to do that this morning?”Well, I think that, you know, I know that it was looked at very rigorously at the time. It was welcomed by the unions. And I think we need to recognise that 2025 is very different from 2019. And we need to focus on the future of this critical national infrastructure in this industry in our country.I think it’s always got to be a last resort. But, you know, there was a period when the government owned it, before Jingye came in, and so I think you should never have anything off the table, but I think that does need to be a last resort.It was a deal that was welcomed by the unions and local communities at the time. So can we put that in the past and focus on the future of this critical industry.I think there’s a general consensus. If you hear the chancellor today talking about investment in our infrastructure, she’s always looking for partnerships with private equity capital. She’s looking for your pension and my pension to be investing in some of these infrastructure.I think there is always going to be a role for private capital in all of these organisations. And I think it means that there’s less competition in terms of financing for the schools, for the hospitals, which do require exclusive public funding.These situations are different, which is why this interventionist UK government has an industrial strategy that matches solutions to the problems at hand.I would contrast the speed with which they [the SNP] can take to social media and take to the airwaves to air their grievances and the speed at which they move to secure Scottish jobs. Continue reading...
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PM’s spokesperson says ships carrying materials needed by the steel plant have docked in Lincolnshire
Also on the morning media round today was shadow business minister Harriett Baldwin, who endured a torrid time on Sky News while being repeatedly pressed to acknowledge any culpability for the British Steel crisis by the previous Conservative administration that sold the company to current Chinese owners Jingye in 2019.
The MP for West Worcestershire was told the appearance was “a wonderful opportunity for you here right now, with our viewers on Sky News, to say, look, it was a mistake. We understand that, and we support the government. Do you want to do that this morning?”
Well, I think that, you know, I know that it was looked at very rigorously at the time. It was welcomed by the unions. And I think we need to recognise that 2025 is very different from 2019. And we need to focus on the future of this critical national infrastructure in this industry in our country.
I think it’s always got to be a last resort. But, you know, there was a period when the government owned it, before Jingye came in, and so I think you should never have anything off the table, but I think that does need to be a last resort.
It was a deal that was welcomed by the unions and local communities at the time. So can we put that in the past and focus on the future of this critical industry.
I think there’s a general consensus. If you hear the chancellor today talking about investment in our infrastructure, she’s always looking for partnerships with private equity capital. She’s looking for your pension and my pension to be investing in some of these infrastructure.
I think there is always going to be a role for private capital in all of these organisations. And I think it means that there’s less competition in terms of financing for the schools, for the hospitals, which do require exclusive public funding.
These situations are different, which is why this interventionist UK government has an industrial strategy that matches solutions to the problems at hand.
I would contrast the speed with which they [the SNP] can take to social media and take to the airwaves to air their grievances and the speed at which they move to secure Scottish jobs. Continue reading...
