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United Kingdom · Question · Written question

UIN 46621

Iron and Steel: Insurance

answeredUnited Kingdom· UK Parliament· EN

Introduced

17 April 2025

Last action

7 May 2025 · Answer

Status

Answered

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Discovery layer

Source updated

7 May 2025

Summary

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.

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Timeline

  1. 17 April 2025

    Written question

    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.

    Source: Commons

  2. 7 May 2025

    Answer

    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...

    Source: Written answer

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