Asked by: Tom Blenkinsop (Labour - Middlesbrough South and East Cleveland)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will provide financial support to Redcar and Cleveland Borough Council to compensate for the loss in business rates due to closure of the Redcar steel works.
Answered by Greg Hands - Minister of State (Department for Business and Trade)
The Government has announced an £80 million support package for Redcar. We are working with the local Task Force to design a package that will include funding for workers to retrain, support to start their own business, and help for local businesses to grow and create jobs.