British Steel: Nationalisation
2026-07-15 · Department for Business, Innovation, Science and Trade · HL2221 · Official question
Question
To ask His Majesty's Government whether they acquired the debts and borrowings of British Steel as part of nationalisation.
Answer
The Schedule of the transfer Regulations (S.I. 2026/832) laid on 16th July defines the property, rights and liabilities excluded from the transfer, meaning they remain the property, rights and liabilities of the transferor. These include but are not limit...