Source · Select Committees · Business and Trade Committee
Recommendation 8
8
Paragraph: 56
We commend the Government’s decision to reject GFG Alliance’s request for £170 million of financial...
Conclusion
We commend the Government’s decision to reject GFG Alliance’s request for £170 million of financial support in March 2021. The Secretary of State was correct to be cautious about providing a large grant to a group of companies with a centralised, complex and opaque governance structure.
Paragraph Reference:
56
Government Response
Acknowledged
HM Government
Acknowledged
Liberty Steel and the Future of the UK Steel Industry: Government response 5