Debate on bill and Committee of the Whole House (HL) on Monday, 29 June 2026, in the House of Lords, led by Lord Leong. The answering members were Lord Hunt of Wirral and Lord Sharpe of Epsom.

Steel Industry (Nationalisation) Bill

Lords committee stage first day. Clauses 1 to 14 agreed to.

Secondary information

Type: Parliamentary proceeding
Reference: 857 cc881-919
Session: 2026-27
Department: Department for Business and Trade
Legislative stage: Committee stage
Chamber / Committee: House of Lords chamber
Related items: Steel Industry (Nationalisation) Bill 2026-27. Brought from the Commons
Wednesday, 10 June 2026
Bills
House of Lords; Steel Industry (Nationalisation) Bill; National Security (State Threats) Bill; Local Plans (Burial Space) Bill (HL). Delegated Powers and Regulatory Reform Committee third report
Wednesday, 24 June 2026
Parliamentary committees
House of Lords; Steel Industry (Nationalisation) Bill. Constitution Committee first report
Wednesday, 24 June 2026
Parliamentary committees
House of Lords
Proceeding contributions: Lord Sharpe of Epsom | 857 c881 (Link to this contribution)
Moved by
Lord Sharpe of Epsom
1: Clause 1, page 1, line 6, leave out “of or including...; Lord Sharpe of Epsom | 857 c881 (Link to this contribution)
My Lords, Amendment 1, in my name and that of my noble friend Lord Hunt of Wirral, is very simple...; Lord Redwood | 857 cc881-2 (Link to this contribution)
My Lords, I fully support this amendment and hope that it will tease out from the Minister a litt...; Lord Fox | 857 c882 (Link to this contribution)
My Lords, I thank the Minister, his team, the department and the two experts who came all the way...; Lord Leong | 857 cc882-3 (Link to this contribution)
My Lords, I thank all noble Lords for their constructive engagement in advance of Committee, and ...; Lord Sharpe of Epsom | 857 cc883-4 (Link to this contribution)
I am grateful to all noble Lords who have spoken. It was remiss of me not also to thank the Minis...; Lord Hunt of Wirral | 857 c884 (Link to this contribution)
Moved by
Lord Hunt of Wirral
2: Clause 2, page 1, line 14, leave out “includes (but i...; Lord Hunt of Wirral | 857 cc884-6 (Link to this contribution)
My Lords, I speak to Amendments 2, 3 and 8.
Amendment 2 limits the public interest test to ...; Lord Sentamu | 857 c886 (Link to this contribution)
My Lords, Amendment 2 would replace
“includes (but is not limited to)”
with the word ...; Lord Redwood | 857 cc886-8 (Link to this contribution)
My Lords, I welcome these three amendments. Amendment 2 is a necessary slight curtailment but wou...; Lord Fox | 857 cc888-9 (Link to this contribution)
My Lords, one of the things that the briefing from the high value catapult team confirmed is the ...; Lord Leong | 857 cc889-890 (Link to this contribution)
My Lords, I thank the noble Lords, Lord Hunt, Lord Redwood and Lord Fox, and the noble and right ...; Lord Fox | 857 c890 (Link to this contribution)
My amendment?; Lord Leong | 857 cc890-1 (Link to this contribution)
I am referring to the noble Lord’s later amendment.
I fully agree with the principle that t...; Lord Hunt of Wirral | 857 cc891-2 (Link to this contribution)
My Lords, I am grateful to all noble Lords who have contributed to this debate and to the Ministe...; Lord Wigley | 857 c892 (Link to this contribution)
Moved by
Lord Wigley
4: Clause 2, page 1, line 20, at end insert—
“(d) supporti...; Lord Wigley | 857 cc892-4 (Link to this contribution)
My Lords, I beg to move Amendment 4 standing in my name and to speak to Amendment 36, which is al...; Lord Fox | 857 c893 (Link to this contribution)
My Lords, this is a mixed bag of amendments. I will speak primarily to Amendment 29 in my name bu...; Lord Sharpe of Epsom | 857 cc893-7 (Link to this contribution)
My Lords, I will speak to Amendments 30, 31, 43, 44 and 46 standing in my name and that of my nob...; Lord Redwood | 857 cc896-9 (Link to this contribution)
My Lords, I am grateful to my noble friend for raising the crucial issue of electricity prices. A...; Lord Leong | 857 cc899-901 (Link to this contribution)
My Lords, noble Lords have raised a number of amendments to ensure that there is a level playing ...; Lord Wigley | 857 cc901-2 (Link to this contribution)
My Lords, I am grateful to the Minister for his response on the whole range of diverse amendments...; Lord Hunt of Wirral | 857 c902 (Link to this contribution)
Moved by
Lord Hunt of Wirral
5: Clause 2, page 1, line 20, at end insert—
“(2A)...; Lord Hunt of Wirral | 857 cc902-3 (Link to this contribution)
My Lords, Amendments 5, 6 and 42, standing in my name and that of my noble friend Lord Sharpe of ...; Lord Redwood | 857 cc903-4 (Link to this contribution)
I am very glad that my noble friend raised the issue of an impact assessment, because if the Gove...; Lord Fox | 857 c904 (Link to this contribution)
My Lords, I do not want to be the bringer of bad news to the noble Lord, Lord Redwood, but I susp...; Lord Leong | 857 cc904-5 (Link to this contribution)
My Lords, I thank the noble Lords, Lord Redwood, Lord Fox and Lord Hunt, for their contributions....; Lord Hunt of Wirral | 857 cc905-6 (Link to this contribution)
My Lords, I am very grateful to the Minister for his response, particularly his closing words. My...; Lord Fox | 857 c906 (Link to this contribution)
Moved by
Lord Fox
7: Clause 2, page 1, line 20, at end insert—
“(2A) The Secret...; Lord Fox | 857 cc906-7 (Link to this contribution)
My Lords, I shall speak also to Amendments 10 and 11 in my name.
Agreement appears to have ...; Lord Sharpe of Epsom | 857 c908 (Link to this contribution)
My Lords, I am very grateful to the noble Lord, Lord Fox, for bringing forward these amendments. ...; Lord Leong | 857 cc908-9 (Link to this contribution)
My Lords, I thank the noble Lords, Lord Fox and Lord Sharpe, for their contributions. I also than...; Lord Fox | 857 c909 (Link to this contribution)
My Lords, I thank the noble Lord, Lord Sharpe, for his support for these amendments and I was ple...; Lord Wigley | 857 cc909-910 (Link to this contribution)
Moved by
Lord Wigley
9: Clause 2, page 1, line 20, at end insert—
“(2A) In asse...; Lord Wigley | 857 c910 (Link to this contribution)
My Lords, the amendment proposes inserting a new subsection (2A), which provides that:
“In ...; Lord Fox | 857 c910 (Link to this contribution)
I will be very brief and speak with some support for the noble Lord, Lord Wigley. As far as I can...; Lord Hunt of Wirral | 857 cc910-1 (Link to this contribution)
My Lords, I very much echo what the noble Lord, Lord Fox, has just said, and I thank the noble Lo...; Lord Leong | 857 c911 (Link to this contribution)
My Lords, in this group of amendments, the noble Lord, Lord Wigley, has raised important concerns...; Lord Wigley | 857 c911 (Link to this contribution)
Well, well, well—I thank noble Lords for their positive responses. I thank the noble Lords, Lord ...; Lord Sharpe of Epsom | 857 c912 (Link to this contribution)
Moved by
Lord Sharpe of Epsom
12: Clause 3, page 2, line 10, leave out subsections (3...; Lord Sharpe of Epsom | 857 cc912-3 (Link to this contribution)
My Lords, I hope that this outbreak of agreement means that the Government will accept my Amendme...; Lord Fox | 857 c913 (Link to this contribution)
My Lords, I see the point that the noble Lord, Lord Sharpe, has made, and I commend him for getti...; Lord Leong | 857 c913 (Link to this contribution)
I thank the noble Lord, Lord Sharpe, for his contribution. I note the Constitution Committee’s co...; Lord Sharpe of Epsom | 857 c913 (Link to this contribution)
My Lords, that was a very brief debate, and I am grateful to the Minister for his response, but I...; Lord Hunt of Wirral | 857 c914 (Link to this contribution)
Moved by
Lord Hunt of Wirral
13: Clause 4, page 2, line 30, leave out “negative” and ...; Lord Hunt of Wirral | 857 cc914-6 (Link to this contribution)
My Lords, Amendment 13 makes regulations transferring securities in a steel undertaking subject t...; Lord Fox | 857 c916 (Link to this contribution)
My Lords, I have to say I was a bit grumpy when the Conservative Party tabled these amendments th...; Lord Leong | 857 cc916-8 (Link to this contribution)
My Lords, before I turn to the amendments in this group, I thank the members of the Select Commit...; Lord Fox | 857 cc918-9 (Link to this contribution)
On a number of occasions, the Minister has painted a picture of a breathless process, where all t...; Lord Leong | 857 c919 (Link to this contribution)
I am happy to give that commitment in our further conversations.; Lord Hunt of Wirral | 857 c919 (Link to this contribution)
My Lords, I am grateful to the noble Lord, Lord Fox, not only for his generous praise, which I fe...
Notes: Scottish legislative consent granted. Northern Ireland and Welsh legislative consent sought.
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 Parliamentary proceeding on hansard.parliament.uk

Steel Industry (Nationalisation) Bill

Secondary information

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