Sahaviriya Steel Industries UK: Redcar

Department for Business, Innovation and Skills written question – answered on 13th November 2015.

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Photo of Anna Turley Anna Turley Shadow Minister (Cabinet Office)

To ask the Secretary of State for Business, Innovation and Skills, whether monitoring activity was put in place by his Department to oversee the financial viability of SSI in Redcar.

Photo of Anna Soubry Anna Soubry The Minister of State, Department for Business, Innovation and Skills

It is up to companies to run their own financial affairs and to submit annual returns and accounts. My Department was aware of the serious financial difficulties facing SSI UK prior to its closure and made every effort within the bounds of the law to provide assistance where we could, including ensuring workers could be paid their monthly salaries.

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