Written Question·Department for Business and Trade·UIN 122111

British Steel

Tabled: 19 March 2026
Answered: 23 March 2026

Question

Dame Harriett Baldwin

ConservativeWest 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 McDonald
Budgets 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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