David T C Davies
Main Page: David T C Davies (Conservative - Monmouth)
David T. C. Davies (Monmouth) (Con)
I commend the Secretary of State for what he is doing to try to save this valuable industry, but I would just add—I say this as a pension fund member myself, albeit a small one—that I am slightly concerned by these proposals, so I hope we will proceed with great caution and with thought for all those who are likely to be seriously affected by them.
Sajid Javid
Many members of the pension scheme may well be concerned, and that is why it is absolutely right that they have full information from the Government in the consultation. I understand that the chairman of the trustees has today welcomed the Government’s move, but, at the same time, he has said that the trustees themselves will write to all the members. I welcome my hon. Friend’s recognition that this is all about not only getting the best outcome for the members but sustaining the long-term future of our great steel industry.