Member

The British Government will always behave responsibly with private assets, so having an independent valuation that the Government will stand by is incredibly important. It is important that we would not seek to make changes or interfere in any way with the independent valuation. We would of course expect the valuer to take into account the business environment in which the company operates. As we have discussed many times in this House, issues such as trade and regulation affect the financial performance of a steel company, and under normal measures of evaluating the value of a business, that will be taken into account.