PARLIAMENTARY WRITTEN QUESTION
Sahaviriya Steel Industries UK: Redcar (5 November 2015)

The closure of SSI in Redcar will undoubtedly have a significant impact on individuals, the supply chain and local economy more broadly. That is why we have announced a support package, worth up to £80 million, to support the future of the Tees Valley economy and we are working closely with a local Task Force, chaired by Amanda Skelton, to deliver this support.

In total we have agreed over £40 million of support aimed at skills and jobs creation:

• £3m has been made available to four Further Education colleges in the region to support re-training activity, as well as a further £2.65m skills funding to plug any gaps in skills provision not available via the Further Education Offer;
• £1.7m to ensure that the fifty apprentices who were with SSI can continue their apprenticeships with alternative employers;

• A £16.5m Jobs and Skills Fund to help local firms employ former SSI workers or their spouses in full-time or part-time jobs for a minimum of three years;
• £16m support for firms in the SSI supply chain and wider Tees Valley impacted by the Redcar steelworks closure, to safeguard jobs, provide the stimulus to create new posts and provide expert assistance to help them expand their business
• £750,000 to fund advice and grants to start up a new business.