Written Question·Department for Business and Trade·UIN 47362

Iron and Steel: Finance

Tabled: 23 April 2025

Answered: 12 May 2025

Named Day

Question

Andrew Griffith

To ask the Secretary of State for Business and Trade, how much funding his Department has been provided with under Section 8 of the Steel Industry (Special Measures) Act 2025.

Answer

Sarah Jones

The Steel Industry (Special Measures) Act 2025 gives Government the power to direct British Steel’s board and workforce, ensure they get paid, and order the raw materials to keep the blast furnaces running in Scunthorpe. We will report regularly to Parlia...

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