Steel Industry Debate

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Tom Pursglove

Main Page: Tom Pursglove (Conservative - Corby)

Steel Industry

Tom Pursglove 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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I welcome the hon. Gentleman’s comments. First, there is no deal, and there is no preferred option; this is a very open consultation. As he will see, there are a number of options the Government are looking at, but no decision has been made. As I mentioned earlier, we are very wary of setting a precedent. I can assure him that this is very much about this scheme, and this scheme only, in these very unique circumstances.

Tom Pursglove Portrait Tom Pursglove (Corby) (Con)
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As Ministers know, those of us who recently visited the Tata site in Corby with the Business Minister had a very good discussion about what the future holds for it. We heard about the time and investment that are needed to see the plan through. As part of his discussions not only with potential buyers but in Mumbai, has the Secretary of State had any indication that the investment we so desperately need in Corby will be forthcoming?

Sajid Javid Portrait Sajid Javid
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My hon. Friend asks a good question. Of course, he is rightly concerned about Corby and about the operations Tata Steel UK has in his constituency. There is a lot in this process that is commercially sensitive, and it would not be appropriate for me to discuss it in public. However, seven bidders have already come forward. A number have put forward much more detailed, serious bids, and Tata is seriously considering them. Many of them include a future for all the operations that Tata Steel UK currently has.