Question to the Department for Business and Trade:

To ask His Majesty's Government what plans they have to support the steel industry by reducing their electricity costs.

Government is committed to tackling high industrial electricity prices in the UK. This is why Government has taken action to mitigate high electricity costs for energy intensive industries by continuing the Energy Intensive Industries compensation scheme and implementing the British Industry Supercharger.

The Plan for Steel, which will be published in Spring, will address electricity prices for steelmakers. We are committed to providing up to £2.5bn to rebuild steel industry which will be available through the National Wealth Fund and other routes.