Iron and Steel: Subsidies
Commons · Question 17318 · Tabled 9 Jul 2026 · Department for Business and Trade · Official record
Answered 14 Jul 2026
Question
Asked by Dame Harriett Baldwin
To ask the Secretary of State for Business and Trade, what estimate he has made of future operating subsidy requirements for publicly owned steel assets.
Answer
Answered by Chris McDonald, 14 Jul 2026
Generally, any financial assistance to public owned steel assets would, among other things, be time-limited, targeted and proportionate to the Government's objectives, and meet our responsibilities under subsidy control rules. The finances of Forgemasters...