Written Question·Department for Business and Trade·UIN 17318
Iron and Steel: Subsidies
Tabled: 9 July 2026
Answered: 14 July 2026
Named DayQuestion
Dame Harriett Baldwin
Conservative — West Worcestershire
To ask the Secretary of State for Business and Trade, what estimate he has made of future operating subsidy requirements for publicly owned steel assets.
Answer
Chris McDonaldGenerally, any financial assistance to public owned steel assets would, among other things, be time-limited, targeted and proportionate to the Government's objectives, and meet our responsibilities under subsidy control rules. The finances of Forgemasters...
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