Five committees (Business, Innovation & Skills, Energy & Climate Change, European Scrutiny, Welsh Affairs, and Work & Pensions) grilled Anna Soubry on steel and the impact of a Brexit. Topics included the lesser duty rule, steel exports to Europe, Chinese dumping, state aid, and the pension scheme going into the pension protection fund. You can read my contribution to the debate below: Continue reading
Today I asked Anna Soubry MP for an update on the Tata Steel pension consultation. Stephen Kinnock (Aberavon): The issue of pensions is very important in the context of not just BHS, but Tata Steel. The consultation finished on 23 June. Will the Minister please update the House on where we are with the pensions scheme, and also reflect on the fact that the trade unions and many others have said that putting that scheme into the Pension Protection Fund would be a complete disaster? Continue reading
Today I asked a question relating to the Tata pension scheme during the statement on Steel by Sajid Javid. Stephen Kinnock: There has been some speculation in the media that Tata steel may in fact decide to retain the business, could the SoS explain if that were to come, what role Tata Steel would play in this issue of the pension scheme? Continue reading
Watch the full debate hereI want to start by thanking you, Madam Chair for granting today’s debate and congratulate the Hon member for Middlesbrough South and East Cleveland for securing this debate. There are many familiar faces in here, Madam Chair, and that is no surprise as Labour members in this House have raised the issue of steel well over 220 times since last May. And the Save Our Steel Campaign has been exerting real pressure for over a year now. Continue reading
Today’s visit by the Prime Minister is welcome, but there is still a very long way to go before we can claim to have secured a sustainable future for the British steel industry. I had a constructive telephone conversation with the Prime Minister this morning, during which we agreed that our shared aim is to ensure that the sales process is conducted in a responsible, thorough and robust manner, based on Tata Steel's promise that it will act as a responsible seller. Continue reading
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