Skip to main content

Proceeding contribution from Meg Hillier (Labour) in the House of Commons on Saturday, 12 April 2025. It occurred during Debate on bill on Steel Industry (Special Measures) Bill.


Steel Industry (Special Measures) Bill

I applaud my right hon. Friend for his decisive action in this matter. I have only had a chance to read the Bill for 10 minutes—[Interruption.] That is not a criticism; it is the natural procedure of this House. The Bill could not be laid until First Reading. The Bill talks about compensation. He has made the point that he is not planning to take over and run British Steel, which is not the desirable option, but has he done some sort of impact assessment on the potential range of costs to the taxpayer in these circumstances?


Secondary information

Type
Proceeding contribution
Reference
765 c841 
Session
2024-26
Chamber / Committee
House of Commons chamber
Subjects
Compensation Assets Costs British Steel China Employment Iron and steel Powers Manufacturing industries Nationalisation Wales Scotland Port Talbot Scunthorpe Jingye Group Grangemouth
Legislation
Steel Industry (Special Measures) Bill 2024-26
Link
View this Proceeding contribution on hansard.parliament.uk