Written Question·Department for Business and Trade·UIN 46621

Iron and Steel: Insurance

Tabled: 17 April 2025
Answered: 7 May 2025

Question

Gregory Stafford

ConservativeFarnham and Bordon

To ask the Secretary of State for Business and Trade, whether company directors will be indemnified from wrongful trading liability under the Steel Industry (Special Measures) Act 2025.

Answer

Sarah Jones
If required, the Government would provide an indemnity from any possible wrongful trading liability to any company director appointed by Government under the Steel Industry (Special Measures) Act 2025, or who had followed instructions from the Secretary o...

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