Steel Industry Debate

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Anna Turley

Main Page: Anna Turley (Labour (Co-op) - Redcar)

Steel Industry

Anna Turley Excerpts
Thursday 26th May 2016

(7 years, 11 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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I can assure my hon. Friend that no deal has been done. This consultation is about exploring options that have been brought to us by the trustees, and its right that we look at that. As a further assurance, I can tell him that the regulator would have to be involved, as well as a number of other safeguards, if we went ahead.

Anna Turley Portrait Anna Turley (Redcar) (Lab/Co-op)
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I appreciate that the timescale in this consultation has to be short, but will the Government commit to publishing a full impact assessment on what this means for people? My constituents have suffered so much in the past six months, and if they get another kicking like this, it will be absolutely disgraceful. The Government have acted shamefully on the British steel industry—please, please look at what the impact of this will be.

Sajid Javid Portrait Sajid Javid
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I have listened carefully to the hon. Lady. Rightly, many people, including her constituents, will want to know what impact this could have. I think they would equally want to compare it with the alternative as well, and judge for themselves whether they would better off with the proposal from the trustees. There is a lot more information in the consultation document, but I am sure that over the next few weeks more will be available.