British Steel

Caroline Spelman Excerpts
Tuesday 21st May 2019

(4 years, 11 months ago)

Commons Chamber
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Andrew Stephenson Portrait Andrew Stephenson
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Any support for any business in the steel sector has to be commercial, to fulfil state aid rules. Whatever support is provided to any steel company has to stack up on that basis. However this is done, and whether we take a stake in the company or not, this has to be done on a commercial basis.

Caroline Spelman Portrait Dame Caroline Spelman (Meriden) (Con)
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The union convenor from British Steel’s Scunthorpe plant came to Parliament last week and told us that 25% of its order book had been lost through Brexit uncertainty. He summed up their plight as “No deal, no British Steel”. Does the Minister agree that resolving Brexit uncertainty by voting for the Bill next month would offer a lifeline to the company and other manufacturing businesses?