Liberty Steel and the Future of the UK Steel Industry

Business and Trade Committee Closed Inquiry
Opened: 27 Apr 2021 Closed: 20 Jan 2022 Parliament page
The BEIS Committee is holding an inquiry into Liberty Steel and the Future of the UK Steel Industry. On 8 March 2021, the supply chain finance firm Greensill Capital collapsed into administration after months of speculation about its financial viability. Greensill was the principal financial backer of GFG Alliance, owner … Read more
23 Recommendations
19 Conclusions
1 Report
5 Oral sessions
23 Letters
5 Events
Activity timeline 30 events
20 Jan
2022
Report published
5 Nov
2021
Report published
2 Nov
2021
Correspondence
2 Nov
2021
Correspondence
2 Nov
2021
Correspondence
2 Nov
2021
Correspondence
2 Nov
2021
Correspondence
2 Nov
2021
Correspondence
22 Jul
2021
Correspondence
22 Jul
2021
Correspondence
20 Jul
2021
Oral evidence
19 Jul
2021
Correspondence
Oral evidence sessions 5 sessions
20 Jul 2021
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Liberty Steel and the Future of the UK Steel Industry; Decarbonising heat in homes
Charlotte Baker · Ministry of Housing, Communities and Local Government Rt Hon Christopher Pincher MP · Ministry of Housing, Communities and Local Government Rt Hon Kwasi Kwarteng · Department for Business, Energy and Industrial Strategy
6 Jul 2021
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Oral evidence
Cynthia O'Murchu · Financial Times Dr Javed Siddiqui · Alliance Manchester Business School, The University of Manchester S. Alex Yang · London Business School
29 Jun 2021
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Oral evidence session
Milan Patel · King & King Chartered Accountants Patrick Magee · British Business Bank Stephen Rose · Wyelands Bank
22 Jun 2021
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Liberty Steel and the Future of the UK Steel Industry
Anton Krull · Liberty Steel UK Henrik Adam · Tata Steel Europe Jon Bolton · GFG Global Advisory Board
25 May 2021
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Oral evidence session
Chris McDonald · Materials Processing Institute Edwin Basson · World Steel Association Gareth Stace · UK Steel Roy Rickhuss · Community Trade Union Roz Bulleid · Green Alliance Rt Hon Kwasi Kwarteng · Department for Business, Energy and Industrial Strategy
Title HC No. Published Items Response
Fourth Report - Liberty Steel and the future of the UK steel Ind… HC 821 5 Nov 2021 42 Responded
Recommendations & Conclusions
1 result
Clear
29 Recommendation Accepted in Part
Fourth Report - Liberty Steel and …
High-quality data will be essential for monitoring and improving compliance with steel procurement policy.
High-quality data will be essential for monitoring and improving compliance with steel procurement policy. However, this data is currently incomplete with only partial data being reported by Government Departments and Arm’s Length Bodies. We welcome the work of the Steel … Read more
Government Response
The government notes the points on steel procurement and states the Steel Procurement Taskforce is actively considering improving data robustness and updating policy. It commits to working with departments to continuously improve data quality and simplify collection in the coming years, citing National Highways' commitment to provide 2022 data.
Department for Business and Trade
View details
Government Response AI assessment · 42 of 23 classified
Accepted in Part 1
Acknowledged 14
Deferred 4
Not Addressed 23
Total 23 recs + 19 conclusions
Correspondence 23 letters
2 Nov 2021 To committee Letter from the Secretary of State on Liberty Steel and the UK steel industry
Parliament page
2 Nov 2021 To committee Letter from the Secretary of State on evidence given on Liberty Steel and the future of the UK Steel Industry inquiry
Parliament page
2 Nov 2021 To committee Letter from the Secretary of State on the possibility of a deal for the UK steel sector
Parliament page
2 Nov 2021 To committee Letter from GFG Alliance in response to BEIS Committee written questions
Parliament page
2 Nov 2021 Email to the Chair from Lex Greensill relating to Greensill Capital, received 21 July
Parliament page
2 Nov 2021 To committee Letter from Grant Thornton UK LLP relating to Greensill Capital
Parliament page
22 Jul 2021 To committee Letter from the British Business Bank on Greensill Capital's application for accreditation under the Coronavirus Large Business Interruption Scheme (CLBILS)
Parliament page
22 Jul 2021 To committee Letter from Grant Thornton UK LLP responding to questions on the financial arrangements of GFG Alliance companies
Parliament page
19 Jul 2021 To committee Letter from the Chair to Grant Thornton UK LLP regarding Greensill Capital
Parliament page
14 Jul 2021 Email to the Chair from Lex Greensill relating to Greensill Capital
Parliament page
14 Jul 2021 To committee Letter from the Chair to Sanjeev Gupta on GFG Alliance and Liberty Steel
Parliament page
13 Jul 2021 To committee Letter from the British Business Bank on CLBILS and Greensill Capital
Parliament page
13 Jul 2021 From committee Letter to Grant Thornton UK LLP on Simec Lochaber Hydropower 2
Parliament page
13 Jul 2021 To committee Letter from the Secretary of State and the Secretary of State for International Trade relating to the UK steel industry
Parliament page
8 Jul 2021 To committee Letter from GFG Alliance declining the invitation to give oral evidence to the Committee’s Liberty Steel and the Future of the UK Steel Industry inquiry
Parliament page
8 Jul 2021 To committee Letter from the Secretary of state for International Trade and the Secretary of State for BEIS relating to the Trade Remedies Investigations Directorate and UK steel safeguards
Parliament page
8 Jul 2021 To committee Letter from the Chair of the British Business Bank relating to Greensill Capital
Parliament page
8 Jul 2021 To committee Letter from the former CEO of the British Business Bank relating to Greensill Capital
Parliament page
8 Jul 2021 To committee Letter from Grant Thornton UK LLP relating to Simec Lochaber Hydropower 2
Parliament page
30 Jun 2021 To committee Response from Mr Lex Greensill in answer to the Chair's letters of 7 and 16 June in relation to the Liberty Steel and UK steel industry inquiry
Parliament page
30 Jun 2021 To committee Letter from the Chair to Lex Greensill regarding questions relating to the Committee's inquiry on Liberty Steel and the future of the UK steel industry
Parliament page
16 Jun 2021 To committee Letter from Chair to Mr Lex Greensill relating to request to give evidence to the Committee
Parliament page
28 May 2021 To committee Letter from the Chair to the Secretaries of State for Business, Energy and Industrial Strategy and for International Trade relating to recommendations from the Trade Remedies Investigation Directorate
Parliament page