British Steel Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Anna Turley
Main Page: Anna Turley (Labour (Co-op) - Redcar)Department Debates - View all Anna Turley's debates with the Department for Business, Energy and Industrial Strategy
(4 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Andrew Stephenson
Delivering a deal negotiated with the EU remains the Government’s top priority. It remains the best way to provide security for the future of British jobs and businesses.
Anna Turley (Redcar) (Lab/Co-op)
Redcar steelworks was closed by the Government three and a half years ago, with the loss of 3,100 jobs. After that biggest act of industrial vandalism, everybody came together and said, “Never again!” The Minister has said that he will leave no stone unturned, but is he willing to accept that if the worst should happen and the company goes into administration, the Government will step in to secure the asset this time—not let it go to waste so that it is still sitting there three and a half years later—and secure the workforce and their livelihoods?
Andrew Stephenson
The Government have been willing to act. We provided a £120 million bridging facility to the company earlier this month, which shows that we are fleet of foot and responsive to businesses that approach us with their concerns. I cannot comment on any current negotiations with this or any other company, but the Government are responsive, and, when it comes to this specific company, we have already shown our willingness to act, with that £120 million.