Steel Industry Debate

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Nick Thomas-Symonds

Main Page: Nick Thomas-Symonds (Labour - Torfaen)

Steel Industry

Nick Thomas-Symonds 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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Again, the issue of energy comes up in the House, and hon. Members are right to raise it. That is why we have taken action with the compensation scheme, which is now effective and which is helping all steelmaking companies, including Outokumpu, and that is why we are going further with the exemption. We keep the matter continually under review.

Nick Thomas-Symonds Portrait Nick Thomas-Symonds (Torfaen) (Lab)
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There are 133,000 members of this pension scheme, and I should say that they include many of my constituents, and my father. Given the enormous amount of work that so many people have put into their pensions, does the Secretary of State agree that even though time is extremely short in this four-week consultation, in order to be fair to all those people it must be as wide as possible and consider both the short-term and the long-term effects?