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PARLIAMENTARY WRITTEN QUESTION
Sahaviriya Steel Industries UK: Redcar (4 November 2015)

Question Asked

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.

Asked by:
Anna Turley (Labour)

Answer

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.


Answered by:
Anna Soubry (The Independent Group for Change)
13 November 2015

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