Iron and Steel: Public Expenditure
Lords · Question HL8555 · Tabled 17 Jun 2025 · Department for Business and Trade · Official record
Answered 11 Jul 2025
Question
Asked by Lord Wigley
To ask His Majesty's Government, of the additional expenditure on the steel industry announced by the Chancellor of the Exchequer on 11 June (HC Deb cols 980-81), how much will be spent in (1) Scunthorpe, (2) Sheffield, and (3) Port Talbot.
Answer
Answered by Baroness Jones of Whitchurch, 11 Jul 2025
We are committed to providing up to £2.5bn for steel which is being delivered in part through the National Wealth Fund.At the Spending Review, the Chancellor confirmed that we will invest in the long-term future of Scunthorpe. We have been clear that priv...