Iron and Steel: Manufacturing Industries
Commons · Question 122108 · Tabled 19 Mar 2026 · Department for Business and Trade · Official record
Answered 23 Mar 2026
Question
Asked by Dame Harriett Baldwin
To ask the Secretary of State for Business and Trade, what his planned upper limit is for (a) overall contributions and (b) annual contributions from the public purse for support for the UK steel industry.
Answer
Answered by Chris McDonald, 23 Mar 2026
The government is committed to providing up to £2.5 billion to support the UK steel industry, which is being delivered in part through the National Wealth Fund and in part through direct support for companies. This is in addition to the £500 million inves...