Bill now proceeds to the House of Lords for debate and passage
Sarah Jones, speaking on BBC Breakfast, stated that there are currently no private offers for the Scunthorpe plant, contrasting with a prior deal with Tata Steel in Port Talbot which resulted in a significantly improved investment. The government is prepared to intervene if the company does not cooperate, with a £2.5 billion fund for steel available to cover any costs incurred, ensuring no unexpected expenses for the Exchequer. Jones emphasized the government’s commitment to securing the plant’s future through these measures.
