Question

To ask the Secretary of State for Business, Innovation and Skills, whether monitoring activity was put in place by his Department to oversee the financial viability of SSI in Redcar.

It is up to companies to run their own financial affairs and to submit annual returns and accounts. My Department was aware of the serious financial difficulties facing SSI UK prior to its closure and made every effort within the bounds of the law to provide assistance where we could, including ensuring workers could be paid their monthly salaries.