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National Wealth Fund: Iron and Steel

Asked by David ChadwickLiberal DemocratTreasuryTabled Answered 18 November 2025UIN 89245

The question

To ask the Chancellor of the Exchequer, how much funding her Department plans to provide through the National Wealth Fund for steel projects; and how businesses can access that funding.

Answered by James Murray

This Government has a vision for a strong, resilient, productive steel industry in the UK that is primed for long-term success, driving growth in communities. The NWF will commit at least £5.8 billion over this Parliament to priority sub-sectors, which includes green steel. Businesses seeking the NWF’s finance or support from should contact them directly via their website:

https://www.nationalwealthfund.org.uk/contact-us

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