Iron and Steel: Manufacturing Industries

(asked on 9th December 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps he is taking to support the steel industry.


Answered by
Sarah Jones Portrait
Sarah Jones
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 12th December 2024

We inherited a situation which has seen years of entrenched under-investment. That will take time to turn around, but we are determined to do so. We are working at pace to deliver a Steel Strategy that will set out a long-term vision for a bright and sustainable steel sector in the UK, with good highly paid jobs.

The Strategy will be supported by up to £2.5bn funding that will be available through the National Wealth Fund and other routes.

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