Iron and Steel: Insurance
Commons · Question 46621 · Tabled 17 Apr 2025 · Department for Business and Trade · Official record
Answered 7 May 2025
Question
Asked by Gregory Stafford
To ask the Secretary of State for Business and Trade, whether company directors will be indemnified from wrongful trading liability under the Steel Industry (Special Measures) Act 2025.
Answer
Answered by Sarah Jones, 7 May 2025
If required, the Government would provide an indemnity from any possible wrongful trading liability to any company director appointed by Government under the Steel Industry (Special Measures) Act 2025, or who had followed instructions from the Secretary o...