Iron and Steel: Redcar

(asked on 26th October 2015) - View Source

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 Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 29th October 2015

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.

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