British Steel
Commons · Question 122093 · Tabled 19 Mar 2026 · Department for Business and Trade · Official record
Answered 24 Mar 2026
Question
Asked by Dame Harriett Baldwin
To ask the Secretary of State for Business and Trade, what estimate he has made of the value of British Steel.
Answer
Answered by Chris McDonald, 24 Mar 2026
There are approximately 3,000 workers at British Steel’s Scunthorpe site. British Steel remains owned by Jingye and HM Government’s powers to intervene under the Steel Industry (Special Measures) Act 2025 are designed to maintain steelmaking and avoid a d...