B

Baroness Jones of Whitchurch (Lab)

Speaking in the House of Lords on 31 March 2025

Debate

Scunthorpe Steelworks

Contribution

As I say, we have made a very generous conditional offer of financial support to British Steel and negotiations are continuing. This is a live negotiation, and I cannot comment on commercially sensitive details at this stage, but we believe that our co-investment offer is fair and generous. We call on British Steel to accept that offer and the associated conditions. Obviously, there is a point at which those negotiations will not come to fruition, and we are making contingency plans, but we very much hope that we do not have to use them.

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