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Industry Update
14 September 2026
Lead MP
Blair McDougall
Debate Type
General Debate
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Other Contributors: 1
At a Glance
Blair McDougall raised concerns about industry update in the House of Commons. Other MPs contributed to the debate.
How the Debate Unfolded
MPs spoke in turn to share their views and ask questions. Here's what each person said:
The Government has provided funding for the Official Receiver to manage the liquidation process of SSUK, facilitating a private-sector solution for over a year. Despite extensive engagement with a potential bidder, the Government cannot provide support on the proposed terms due to concerns about the proposed financing package and taxpayer protections. The Government will engage with the Official Receiver’s sale process and develop a proposal for the public acquisition of SSUK to preserve control of the sites and maintain strategic optionality for the future of the business.
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