Written Question·Department for Business and Trade·UIN 65564
British Steel: Finance
Tabled: 7 July 2025
Answered: 15 July 2025
Question
Gregory Stafford
Conservative — Farnham and Bordon
To ask the Secretary of State for Business and Trade, whether he has set a cap on the amount of funding he will allocate to the running of British Steel in the next three financial years.
Answer
Sarah JonesFunding is provided to British Steel under the provisions of the Steel Industry (Special Measures) Act. This funding is intended to ensure the safe and continued operation of the blast furnaces. The intervention is a temporary measure and work is continui...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 65564) →