Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether his Department plans to provide any funding for a further assessment of the Redcar SSI site as recommended in the independent report, Tees Valley: opportunity unlimited, published on 7 June 2016.

I welcome Lord Heseltine’s independent report on the Tees Valley following the closure of the SSI steelworks. As noted in the report, the Government is providing funding for an intermediate body to manage the site prior to the creation of the Mayoral Development Corporation, and is funding site assessments in 2016-17 in order to understand the scale and complexity of the SSI site. The case for any further Government funding will be considered in light of those assessments.