British Steel

Part of the debate – in the House of Commons at 12:40 pm on 21st May 2019.

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Photo of Andrew Stephenson Andrew Stephenson Assistant Whip, Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy) 12:40 pm, 21st May 2019

The Government have been willing to act. We provided a £120 million bridging facility to the company earlier this month, which shows that we are fleet of foot and responsive to businesses that approach us with their concerns. I cannot comment on any current negotiations with this or any other company, but the Government are responsive, and, when it comes to this specific company, we have already shown our willingness to act, with that £120 million.