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Scunthorpe MP Calls for Decisive Action to Save UK Steel Industry

Steel News - Published on Fri, 12 Jul 2019

Image Source: grimsbytelegraph
Grimsby Telegraph reported Scunthorpe's MP has warned UK government that Britain's steel industry needs decisive action to stop it from lurching from one crisis to another and to speed up a deal that would save British Steel from receivership, potentially rescuing thousands of jobs. Scunthorpe MP Nic Dakin, who is also chairman of the All-party Parliamentary Group on Steel, led a debate on how to revive the industry across the country. He warned MPs that messages of support alone for British Steel after it went into liquidation in May would not be enough to save the industry. Mr Dakin said that "We are now reaching a crunch time when warm words need to be matched with further actions to close the deal with prospective buyers. Over the last few years we have bounced from one steel challenge to another.”

He added that "Instead of lurching from one crisis to another the UK needs a Government that will put a plan for steel in place by responding positively to ... strategic asks made by steel MPs, steel trade unions and steel employers with one loud, consistent voice. The threat of a no-deal exit from the EU is what has sparked the current crisis.”

He added that "Anyone who talks blithely of a no-deal exit is risking steel jobs and steel livelihoods throughout the supply chain - no-deal risks no steel."

Source :

Posted By : Ratan Singh on Fri, 12 Jul 2019
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