Question to the Department for Business and Trade:

To ask His Majesty's Government what progress they have made in designing the compensation scheme required under section 7 of the Steel Industry (Special Measures) Act (2025) in relation to British Steel.

We continue to work with Jingye to find a pragmatic, realistic solution for the future of British Steel. This will include provision for a compensation scheme upon the end of the intervention under the Act, should there be a claim that the intervention caused loss.