Written Question·Department for Business, Innovation, Science and Trade ·UIN HL2222
British Steel: Nationalisation
Tabled: 16 July 2026
Answered: 29 July 2026
Question
To ask His Majesty's Government how much additional debt, if any, the UK has acquired through the nationalisation of British Steel.
Answer
The transfer brought certain property, rights and liabilities into a company wholly owned by the Secretary of State, subject to specified exclusions, and these are listed in Schedule 1 to the British Steel Limited Property Transfer Regulations 2026 (S.I. ...
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