Written Question·Department for Business and Trade·UIN 64031

British Steel: Finance

Tabled: 1 July 2025

Answered: 4 July 2025

Named Day

Question

Dame Harriett Baldwin

To ask the Secretary of State for Business and Trade, with reference to the Steel Industry (Special Measures) Act 2025 and the £94 million announced to save the Scunthorpe plant and British Steel, how much further funding has been provided to British Stee

Answer

Sarah Jones

Funding of approximately £130m in total has been provided to British Steel to ensure continued operation of the blast furnaces.