Iron and Steel: Redcar

(asked on 9th October 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, what advice the Government has received on Government intervention in the steelworks in Redcar and European Community state aid rules; and what discussions his Department has had on this issue.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 14th October 2015

I received advice from Departmental officials on the legality of supporting a steel company in difficulty. The state aid rules on giving rescue and restructuring aid to steel companies are clear and all such interventions are prohibited.

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