UK Government in Daily Talks with Liberty Steel Management
Liberty SteelWall Street Journal

UK Government in Daily Talks with Liberty Steel Management

UK’s Prime Minister Mr Boris Johnson has told ITV News that the British government is talking daily to management at Liberty Steel over financial

UK’s Prime Minister Mr Boris Johnson has told ITV News that the British government is talking daily to management at Liberty Steel over financial issues. However, Mr Johnson would not say if the government would bail out the steelworks, after last month the government rejected an appeal by Liberty Steel for GBP 170 million in financial aid. The Prime Minister added that “There is a huge demand for British Steel and that he wanted to see companies like Liberty benefit from this. Just in the UK alone there’s a market for a pipeline of steel five million tonnes worth that we want to make sure goes to British producers, British steel making companies. So that’s our short medium term and long term ambition. Make sure the infrastructure revolution that we are embarked on uses the abilities of companies like Liberty Steel."

The Labour leader, Sir Keir Stamer, said that the Prime Minister should go and talk directly to steel workers about the future of their jobs rather than checking his WhatsApp group from his mates.

GMB union National Officer Mr Ross Murdoch said "GMB had a further meeting with Kwasi Kwarteng yesterday. However, whilst group owner Sanjeev Gupta continues to exude confidence funding can be secured to protect the UK businesses, we effectively remain in the same stand-off position. GMB very much hopes that this plan A works, but we have been engaging with the Government to ensure contingency plans are in place should it fail to materialise. Ministers have confirmed to us all options to save the business is on the table, however no discussions around these options can really take place whilst plan A remains a realistic possibility."

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