British Steel

Part of the debate – in the House of Commons at 1:05 pm on 24th July 2019.

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Photo of Pat McFadden Pat McFadden Labour, Wolverhampton South East 1:05 pm, 24th July 2019

I echo the comments of my hon. Friend Anna Turley in thanking the Secretary of State for his approach to the industry in general and this issue in particular. He has reminded us today and on previous occasions that we cannot just turn on and off a steelworks like a tap. If it is allowed to go cold, it is very expensive and difficult to set up again. The indemnity has been the key thing in enabling operations to continue while a buyer is found. What assurance can he give the House that that indemnity will continue for as long as it takes to finish the process of finding a buyer?