British Steel: Investment
(asked on 23rd February 2026) - View Source
Question to the Department for Business and Trade:
To ask His Majesty's Government how many potential third-party investors have been formally approached regarding investment in British Steel since April 2025.
This question was answered on 5th March 2026
British Steel remains owned by Jingye and it would be inappropriate for HM Government to formally approach potential third-party investors in such circumstances. We are in discussions with Jingye to find a pragmatic, realistic solution for the future of the site and our long-term aspiration for the steel sector will require co-investment with the private sector.