Question reference: S6W-05329
- Asked by: Willie Rennie, MSP for North East Fife, Scottish Liberal Democrats
- Date lodged: 13 January 2022
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Current status: Answered by Ivan McKee on 27 January 2022
Question
To ask the Scottish Government what evidence it has to support the view stated by the Minister for Business, Trade, Tourism and Enterprise, during his ministerial statement on 15 December 2021 on Dalzell Historical Industrial Transactions, that “the circumstances upon which it [the indemnity] would be called upon are unlikely to materialise”.
Answer
Liberty Steel Dalzell continues to trade. At the time of the deal, in 2016, a parent company guarantee was signed with Liberty House, which meant that, if the part of the company at Liberty Steel Dalzell ceased to exist, the liabilities would pass to the wider group.