Written Question·Department for Business and Trade·UIN 51764
British Steel: Company Liquidations
Tabled: 12 May 2025
Answered: 15 May 2025
Question
Gregory Stafford
Conservative — Farnham and Bordon
To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the potential impact of British Steel entering liquidation during or after the period of special measures under the Steel Industry (Special Measures) Ac
Answer
Sarah JonesIt would be a breach of the Steel Industry (Special Measures) Act for British Steel to be put into liquidation while the special measures are in place. Prior to the Act becoming law, the Government undertook assessments of the potential cost to the public...
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