Written Question·Department for Business, Innovation, Science and Trade ·UIN HL2221

British Steel: Nationalisation

Tabled: 16 July 2026
Answered: 29 July 2026

Question

To ask His Majesty's Government whether they acquired the debts and borrowings of British Steel as part of nationalisation.

Answer

The Schedule of the transfer Regulations (S.I. 2026/832) laid on 16th July defines the property, rights and liabilities excluded from the transfer, meaning they remain the property, rights and liabilities of the transferor. These include but are not limit...
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