B

Baroness Gustafsson (Lab)

Speaking in the House of Lords on 24 April 2025

Debate

British Steel

Contribution

Creating an ongoing, viable concern is absolutely the aspiration for the sector, not necessarily with regard to British Steel specifically, but the much broader sector. As I said earlier, we have the immediate-term question of how we make sure that the day-to-day operation of British Steel is ongoing and running. That second longer-term piece is how we make it a financially sustainable industry and one that is able to wash its own face economically. To that part, that is where that steel strategy is really core. With regard to the specifics of what we are spending in the here and now, that is absolutely information that will be made available within part of the department’s accounts when they are published.

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