Part of the debate – in the House of Commons at 8:14 pm on 23rd January 1992.

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Photo of Frank Field Frank Field , Birkenhead 8:14 pm, 23rd January 1992

The hon. Gentleman said that British Steel was responsible to its work force. He will be aware that British Steel negotiated an extraordinary package of redundancy money, representing two years' pay for workers made redundant at Ravenscraig—double the amount paid in the strip or general steel division. If the plant had stayed open until 1994, British Steel would have had to pay wages for two years and, on top of that, redundancy money. So, in effect, the company has stolen, on average, £30,000 from every Ravenscraig worker.