British Steel
Commons · Question 122111 · 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, whether his Department has determined a (a) budget, (b) repayment schedule and (c) end date for its intervention in British Steel.
Answer
Answered by Chris McDonald, 23 Mar 2026
Budgets for British Steel are subject to the usual government approvals processes and ministerial decisions. All support for British Steel has been drawn from existing HMG budgets, with no additional borrowing required. Funding provided to British Steel L...