Written Question·Department for Business and Trade·UIN 122111
British Steel
Tabled: 19 March 2026
Answered: 23 March 2026
Question
Dame Harriett Baldwin
Conservative — West Worcestershire
To ask the Secretary of State for Business and Trade, whether his Department has determined a (a) budget, (b) repayment schedule and (c) end date for its intervention in British Steel.
Answer
Chris McDonaldBudgets for British Steel are subject to the usual government approvals processes and ministerial decisions. All support for British Steel has been drawn from existing HMG budgets, with no additional borrowing required. Funding provided to British Steel L...
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