Written Question·Department for Business and Trade·UIN 20002

Iron and Steel: Manufacturing Industries

Tabled: 13 December 2024
Answered: 18 December 2024
Named Day

Question

Liam Byrne

LabourBirmingham Hodge Hill and Solihull North

To ask the Secretary of State for Business and Trade, what estimate his Department has made of the potential impact of public funding for the steel industry on levels of private-sector investment in that industry in each of the next five years.

Answer

Sarah Jones
The Government is developing a steel strategy, in partnership with the steel sector and trade unions, that will set out a long-term vision for steel and create opportunities for public and private investment.We have committed to providing up to £2.5bn for...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 20002) →