Written questions

British Steel: Finance

Commons · Question 64031 · Tabled 1 Jul 2025 · Department for Business and Trade · Official record

Answered 4 Jul 2025

Question

Asked by Dame Harriett Baldwin

To ask the Secretary of State for Business and Trade, with reference to the Steel Industry (Special Measures) Act 2025 and the £94 million announced to save the Scunthorpe plant and British Steel, how much further funding has been provided to British Stee

Answer

Answered by Sarah Jones, 4 Jul 2025

Funding of approximately £130m in total has been provided to British Steel to ensure continued operation of the blast furnaces.