Iron and Steel: Manufacturing Industries
Commons · Question 65565 · Tabled 7 Jul 2025 · Department for Business and Trade · Official record
Answered 15 Jul 2025
Question
Asked by Gregory Stafford
To ask the Secretary of State for Business and Trade, whether he has considered increasing the size of the Steel Fund, in the context of funding allocated to the running of British Steel under the Steel Industry (Special Measures) Act 2025.
Answer
Answered by Sarah Jones, 15 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 pri...