Commenting on reports that SSI, the owners of the Redcar steel plant, failed to pay back several loans totalling around £80m to lenders in June, local Labour MP & Chair of the All Parliamentary Party Group for Steel, Tom Blenkinsop said:
“The onus now is very much on the Government to act. The Banks have set a deadline for the end of September so urgency is paramount.
“I welcome the news that my Labour colleague in Redcar, Anna Turley, has secured a debate in Parliament this Thursday to discuss this vital issue. I will also be using the Prime Minister’s Question that I have secured to raise the topic and I have already arranged to meet with Anna Soubry, the Government Minister whose portfolio includes the steel industry.
“The livelihoods of over 2,000 workers are on the line and I, along with my Labour colleagues and Community Trade Union have been pressing the Government for a number of years now on how it can act to help ease the pressures faced by, not only the steelworks in Redcar, but across the UK. Now is the time for the Government to stand up and meet that challenge.”