Seema Kennedy
Main Page: Seema Kennedy (Conservative - South Ribble)
Sajid Javid
Yes I have, as have the Secretary of State for Work and other Ministers. That underlines the fact that if any of the proposals in this consultation went ahead, it would require the full support of the Pensions Regulator.
Seema Kennedy (South Ribble) (Con)
My right hon. Friend referred to the fact that this is all about people. Will he update the House on what support is given to steelworkers and the wider community?
Sajid Javid
Some of the best support that we can provide is the confidence that we have given to the sales process to secure a long-term future for Tata’s assets in the UK. My hon. Friend will know that, for example, we have talked about helping with financing on commercial terms, with potentially hundreds of millions of pounds of financing, including a potential equity investment, on commercial terms, of up to 25%.