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.Read more
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.Read more
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.’Read more
I have written to the Chief Executive of the Financial Conduct Authority about the worrying reports of opportunistic financial advisers providing steelworkers with poor financial advice and luring steelworkers into transferring millions out of pension funds.
Urgent action is needed to address this.Read more
Today in the House I asked the Government what they are doing to defend the steel industry from harm following changes to the EU Emissions Trading System Register. Without UK government action the steel industry could face millions of pounds of additional costs.Read more
Big Ben Renovation Is Fast Becoming A Symbol Of This Government's Indifferent And Incompetent Approach To Our Steel Industry
I questioned the House of Commons Commission about the steel used in the renovation of Big Ben.
Big Ben is seen as symbol of our country around the world, but its renovation is fast becoming a symbol of this government’s indifferent and incompetent approach to our steel industry.
British steelworkers make the best steel that money can buy, and what’s more they make it right here on our doorstep. If given the right information and sufficient lead-time by the customer, then they can and always deliver.
Read my question and the response I received below.Read more
Commenting on today's news of the joint venture between Thyssenkrupp and Tata Steel, Stephen Kinnock, Member of Parliament for Aberavon, home of the Port Talbot steelworks, said:
"In principle I welcome this news as it brings together two giants of the European steel industry, creating the sort of scale and synergies that could potentially deliver significant competitive advantage.Read more
Aberavon MP calls on trustees to provide BSPS members with all required information, welcomes potential end to uncertainty and hails commitment of workforce to standing up for the steel industry, but it is about time we saw similar commitment from the governmentRead more
I tabled a written parliamentary question to the Ministry of Defence asking them about introducing a certificate of origin on steel used in construction, a call that was made in the Steel 2020 report. You can read their response below.Read more
I tabled questions to the Ministry of Defence on the steel that they are using to build the Type-26 frigates and below is the response that I received:Read more