British Steel Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Kevin Hollinrake
Main Page: Kevin Hollinrake (Conservative - Thirsk and Malton)Department Debates - View all Kevin Hollinrake'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
British Steel has been clear that Members of this House should vote for the deal, which I have voted for three times. All Members should reflect on the real-world impacts of the decisions that we make in this place, or the lack thereof, on businesses and the people we represent.
Kevin Hollinrake (Thirsk and Malton) (Con)
The Minister is right to consider jobs at risk, particularly when they relate to what are hopefully relatively short-term Brexit uncertainties, but to be fair Greybull did buy the business after the referendum and therefore might have expected some volatility ahead. Will the Minister confirm to the House that if he decides to support the business, it will be an isolated case, rather than an ongoing policy of supporting failing businesses?
Andrew Stephenson
All support that is provided for businesses has to be compliant with UK domestic law and EU law. It has to pass various commerciality tests to be legal and compliant with state aid rules. We always stand ready to work with UK businesses to protect UK interests and jobs, but any support that we provide has to be legal.