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1128464
registered interest false more like this
date remove filter
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading British Steel: Nationalisation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make it his policy to nationalise British Steel. more like this
tabling member constituency Warrington South more like this
tabling member printed
Faisal Rashid more like this
uin 257820 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-04more like thismore than 2019-06-04
answer text <p>Nationalisation would change the ownership of the plant, but not how it operates. It would require the Government to take on the company’s outstanding financial obligations and may not provide the necessary legal security and protection for taxpayers’ investment.</p><p> </p><p>Once nationalised, in line with strict state aid rules for steel, the Government would have to act in the same was as any private owner, thinking principally of making a profit.</p> more like this
answering member constituency Pendle more like this
answering member printed Andrew Stephenson more like this
question first answered
less than 2019-06-04T07:57:26.13Zmore like thismore than 2019-06-04T07:57:26.13Z
answering member
4044
label Biography information for Andrew Stephenson more like this
tabling member
4670
label Biography information for Faisal Rashid more like this