Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 7 September 2020 to Question 77560 on companies: coronavirus, if he will publish either a copy of the text of the conditions imposed with commercially sensitive or identifying details redacted or an overview of the conditions required.
As confirmed at the Summer Economic Update, the government has announced support for one firm, Celsa Steel (UK) Ltd, to enable the company to continue trading. The details of that loan were announced on 2 July 2020 in the BEIS SoS WMS (HCWS332).
Any future companies will be considered on a case by case basis and will be expected to agree to appropriate conditions. As with any agreement, commercial and policy conditions are monitored using a variety of appropriate mechanisms.