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British Steel: Finance

Asked by Dame Harriett BaldwinConservativeDepartment for Business and TradeTabled Answered 4 July 2025UIN 64031

The question

To ask the Secretary of State for Business and Trade, with reference to the Steel Industry (Special Measures) Act 2025 and the £94 million announced to save the Scunthorpe plant and British Steel, how much further funding has been provided to British Stee

Answered by Sarah Jones

Funding of approximately £130m in total has been provided to British Steel to ensure continued operation of the blast furnaces.

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