Steel Industry (Nationalisation) Bill

Moved by

Lord Wigley

4: Clause 2, page 1, line 20, at end insert—

“(d) supporting the local economy of any steel-making location which may be adversely affected by this Act.”

Member's explanatory statement

This amendment seeks to ensure that consideration is given to the impact on the local economy arising from decisions made under this legislation.

Secondary information

Type: Proceeding contribution
Reference: 857 c892
Session: 2026-27
Chamber / Committee: House of Lords chamber
Subjects: Compensation Cost effectiveness Competition British Steel Enforcement Industrial disputes Iron and steel Economic growth Ministerial powers Manufacturing industries Public interest Property transfer Parliamentary scrutiny Nationalisation Foreign investment in UK Shares Valuation Trade competitiveness Sunset clauses
Legislation: Steel Industry (Nationalisation) Bill 2026-27
Link: View this Proceeding contribution on hansard.parliament.uk