Written Question·Department for Business and Trade·UIN 89242

Iron and Steel: Manufacturing Industries

Tabled: 10 November 2025
Answered: 17 November 2025

Question

David Chadwick

Liberal DemocratBrecon, Radnor and Cwm Tawe

To ask the Secretary of State for Business and Trade, whether his Department received (a) applications and (b) expressions of interest prior to the decision to not proceed with proposals to give businesses a cash grant for innovative steel projects.

Answer

Chris McDonald
We are committed to providing up to £2.5bn for the steel sector, which is being delivered in part through the National Wealth Fund (NWF). A consultation was launched in February 2025 regarding the upcoming steel strategy, and we sought views on further po...

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