Written Question·Department for Business and Trade·UIN 46621
Iron and Steel: Insurance
Tabled: 17 April 2025
Answered: 7 May 2025
Question
Gregory Stafford
Conservative — Farnham 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 JonesIf 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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