Commenting on the news that Cyrus RW have been put into administration, Aberavon MP Stephen Kinnock said: “It is disappointing to learn of Cyrus RW being placed into administration, and for all of those employed by the company this will be an incredibly worrying time. “The priority must now be finding a solution that protects the jobs, particularly those in Briton Ferry where I believe there are up to 50 people employed in highly skilled, well paid jobs. Continue reading
It was great to be at the award ceremony for the Richard Burton 10k. Money was raised for many, many good causes, showing the true spirit of our community. Well done to everyone who organised the event.
(Photo credit: Times News Syndication) House Magazine The problem with writing anything about Brexit is that in the few days between first draft and pressing send the entire picture can change, multiple times. For example, when I sat down with Nick Clegg in Westminster on Monday 4 December, Theresa May was sitting down for her fateful lunch with Jean-Claude Juncker. All morning Number 10 had been briefing that a glorious new chapter in the negotiations was about to open: the Prime Minister had miraculously managed to conjure up a form of words on the Northern Irish border that was somehow going to satisfy the EU, the Irish government, the DUP and the Brextremists in her own party. Continue reading
On the night the Government lost a vote on Brexit in the House, I spoke in favour of the amendment tabled by Dominic Grieve MP. It is vital that Parliament has meaningful vote on the final Brexit deal and the opportunity to send the government back to secure a better deal, if the one the come to us with is inadequate. Continue reading
On a visit to the Steel and Metals Institute in Swansea University, Stephen Kinnock has hailed the work that they are doing to support and advance the steel industry. During the visit Mr Kinnock witnessed the work the Institute is doing with Tata Steel and SPECIFIC, looking at different uses for steel and developing the molecular structure of steel for new and exciting alternative uses. Continue reading
Without UK Institutions To Take On The Job Of EU Agencies, We Will See Fundamental Rights, Protections And Regulations Being Removed By The Back Door Having Been Rendered Unenforceable.
I tabled an amendment to the European Union (Withdrawal) Bill to stop vital rights, freedoms and protections vanishing by the backdoor. I spoke about the amendment and that unless we have UK bodies to carry out the function of existing EU bodies, we'll see rights, freedoms and protections disappear by the back door without anyone there to enforce them. You can watch my speech below. Continue reading
I was interviewed on Channel 4 News about the unscrupulous and opportunistic financial advisers providing steelworkers with poor financial advice and ripping them off. I called for a crackdown on these vultures and that the Financial Conduct Authority the powers to crack down on these fraudulent pension advisers. Continue reading
Aberavon MP Raises Concerns With Financial Conduct Authority Over British Steel Pension Scheme Scams
Aberavon MP Stephen Kinnock has contacted the Financial Conduct Authority (FCA) over worrying reports of opportunistic financial advisers providing steelworkers with poor financial advice and luring steelworkers into transferring millions out of pension funds. Mr Kinnock will be meeting with Mr Bailey next week and has said, ‘I am increasingly concerned about the stories of unscrupulous advisers targeting the steelworkers and cheating them out of their pension money. I will be raising these concerns directly with the Chief Executive of the Financial Conduct Authority.’ Continue reading
I have written to the Minister for Exiting the European Union about the government's plans to manage the UK's relationship with EU agencies through any transition and after exiting the European Union. According to the House of Commons there are a number of EU agencies that have no provision for the membership, participation, observer status or even cooperation with third countries. You can read my letter below Continue reading