British Steel
(asked on 12th February 2026) - View Source
Question to the Department for Business and Trade:
To ask His Majesty's Government what assessment they have made of potential litigation relating to (1) asset valuation, (2) debt liability, or (3) interference with shareholder rights, in relation to British Steel.
This question was answered on 23rd February 2026
The Government will always abide by our legal obligations and offer fair treatment to all businesses. This includes meeting our responsibilities under the Steel Industry (Special Measures) Act.
We are currently in close discussions with the owner of British Steel to agree a pragmatic and commercial solution to the current situation. We do not comment on the content of these live discussions.