8
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
Government Response
Acknowledged
HM Government
Acknowledged
Liberty Steel and the Future of the UK Steel Industry: Government response 5
Source
Committee
Business and Trade Committee
Report
Fourth Report - Liberty Steel and the future of the UK steel Industry
05 Nov 2021
HC 821
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age
4.6 yrs
Report published
05 Nov 2021