British Steel collapses: What you need to know

The transcript discusses the Labour Party's outrage over the government's failure to support the steel industry. It highlights the party's willingness to act within legal boundaries, as demonstrated by the ETS agreement. However, it clarifies that providing a financial guarantee or loan to the company under the requested terms would be unlawful.

What was the speaker's emotional response to the government's actions?

What was the government's failure regarding the steel industry?

What did the Labour Party express regarding the ETS agreement?

What limitations did the speaker mention about acting on behalf of the company?

Why is it considered unlawful to provide a guarantee or loan to the company?