Written Question·Department for Business and Trade·UIN 65565

Clean Steel Fund

Tabled: 7 July 2025
Answered: 15 July 2025

Question

Gregory Stafford

ConservativeFarnham and Bordon

To ask the Secretary of State for Business and Trade, whether he has considered increasing the size of the Steel Fund, in the context of funding allocated to the running of British Steel under the Steel Industry (Special Measures) Act 2025.

Answer

Sarah Jones
We are committed to providing up to £2.5bn for steel which is being delivered in part through the National Wealth Fund. At the Spending Review, the Chancellor confirmed that we will invest in the long-term future of Scunthorpe. We have been clear that pri...

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