Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether his Department has undertaken a value-for-money assessment of the £375 million capital allocation for British Steel included in the 2025–26 Supplementary Estimates.

The Steel Industry (Special Measures) Act is a temporary measure to ensure that critical steel facilities remain operational. The Government keeps BSL's financial position under constant review to protect taxpayers' interests while ensuring continuity of safe and responsible operations. BSL continues trading commercially and Government officials are continuing to provide on-site support in Scunthorpe monitoring, reviewing and scrutinising the use of taxpayer funds with robust financial governance in place.