British Steel: Pensions

(asked on 7th October 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of support for the British Steel Pension Scheme in securing the future of the UK steel industry; and what steps he is taking to support that scheme.


Answered by
Nick Hurd Portrait
Nick Hurd
This question was answered on 19th October 2016

The Government is committed to achieving a sustainable long term future for the UK steel industry and has and is taking a wide range of action, working with the industry, to help achieve this goal. The British Steel Pension Scheme is a private pension scheme. Therefore, decisions on the future of this are a matter for the Trustees and the Company.

Reticulating Splines