CORUS TEESSIDE CAST PRODUCTS PLANT

That this House notes with regret the decision taken at the end of January 2010 to close the Corus Teesside Cast Products (TCP) plant; recognises that the decision to mothball the TCP Redcar blast furnace has led directly to the loss of 1,600 local jobs and indirectly to many more; urges the Government to ensure that the carbon credits attached to the operator are retained so that steel production can also restart under a new owner; appeals to Corus to make available surplus land to encourage new investment and business opportunities in Teesside; and calls on the Government to facilitate a speedy resolution to bring about decisive action to help Teesside.