Written Question·Department for Business and Trade·UIN 28075
Iron and Steel: Port Talbot
Tabled: 3 February 2025
Answered: 6 February 2025
Named DayQuestion
Mike Wood
Conservative — Kingswinford and South Staffordshire
To ask the Secretary of State for Business and Trade, how much of the £500 million grant to support the installation of an electric arc furnace at the Port Talbot steelworks has been paid.
Answer
Sarah JonesGrant payments are made in arrears and subject to confirmation that pre-payment conditions have been satisfactorily met. HMG has committed to provide Tata Steel with a grant of up to £500m to support the installation of an electric arc furnace at the Port...
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