Oral Answers to Questions

Tom Greatrex Excerpts
Thursday 10th April 2014

(10 years, 1 month ago)

Commons Chamber
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Jenny Willott Portrait The Parliamentary Under-Secretary of State for Business, Innovation and Skills (Jenny Willott)
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As my hon. Friend knows, we have had a number of debates about this issue in the House, and the House has expressed its view. The Government recently held a consultation, to which thousands of responses were received. We are now considering those responses, and will issue our own response as soon as we can.

Tom Greatrex Portrait Tom Greatrex (Rutherglen and Hamilton West) (Lab/Co-op)
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T4. Last week, the Prime Minister said on the BBC that he would do everything he could to keep the pits at Kellingley and Thoresby open. This morning, the Minister of State issued a written statement confirming that the Government were facilitating a “managed closure”. Given that people will begin to lose their jobs on 23 May, there is now a very short period in which it is realistically possible to secure alternative investment to keep the pits open. Towards the end of last week, a private operator suggested that it might be interested. Has the Minister of State, or his officials, had any discussions with it about whether it is possible to find a way of securing a commercial future for those pits and those communities?

Michael Fallon Portrait The Minister of State, Department for Business, Innovation and Skills (Michael Fallon)
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In my ministerial statement, copies of which are available in the Vote Office and the Library, I confirmed that we were prepared in principle to contribute a £10 million loan—alongside contributions from other private sector investors—to support a managed closure of the two collieries, which would avoid the significant losses and liabilities that would have materialised in the event of the immediate and uncontrolled insolvency of UK Coal. That does not exclude any further private sector interest, and I have been meeting others who have expressed an interest, as has UK Coal.