Celsa Steel UK: Loans
Lords · Question HL8251 · Tabled 9 Jun 2025 · Department for Business and Trade · Official record
Answered 23 Jun 2025
Question
Asked by Lord Goodman of Wycombe
To ask His Majesty's Government, with reference to HM Treasury: 2023 COVID-19 Cost Tracker update, published 20 July 2023, what is the current status of the measure 'last resort business interventions' (ID31); whether the £30 million loan issued to Celsa
Answer
Answered by Baroness Jones of Whitchurch, 23 Jun 2025
I can confirm that the £30m loan to Celsa Steel UK was fully repaid in 2023 with interest and in line with the Government’s terms and conditions. A written ministerial statement was made to Parliament on 23 June 2023 on the matter: https://questions-state...