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MPs set for emergency steel crisis debate in Commons

MPs are set to hold an emergency debate to discuss the current steel industry crisis facing the UK as the future of British steel continues to 'hang in the balance'.

It comes as the Government said on Monday it could look at the possibility of co-investing with a steel buyer "on commercial terms" to help secure a sale.

Business Secretary Sajid Javid said the "Government stands ready to help" as he addressed the Commons on the issue after Tata Steel announced a deal with Greybull Capital to buy its Scunthorpe plant and save 4,400 UK jobs but no deal was yet secured for other UK plants.

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Labour: 'Sajid Javid ignored steel crisis warnings'

Angela Eagle accuses Sajid Javid of ignoring warnings Credit: PA

Sajid Javid "ignored" warnings of the steel industry collapse, Labour has claimed, as negotiations over the Tata steelworks continue.

Shadow business secretary Angela Eagle said: "Labour has warned for months of the escalating crisis facing steel.

"Yet Sajid Javid ignored the warnings of the collapse of the industry - and the 40,000 jobs on the line - until he realised his own job was at risk too.

"The Tory Government has not done enough to address the unfair dumping of Chinese steel that is at the root of this crisis".

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MPs set for emergency steel crisis debate in Commons

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