British Steel: Finance
Commons · Question 118484 · Tabled 5 Mar 2026 · Department for Business and Trade · Official record
Answered 10 Mar 2026
Question
Asked by James McMurdock
To ask the Secretary of State for Business and Trade, with reference to the Written Statement of 26 February 2026 by the Minister for Industry on British Steel, what contingency provision has been made within existing Departmental budgets to help ensure d
Answer
Answered by Chris McDonald, 10 Mar 2026
HMG is working closely with EY, who are providing onsite management support, to review British Steel’s forecasts and ensure that any funding requests are robust. HMG and EY work closely with British Steel management on scenario planning to ensure that the...