Question to the Department for Business and Trade:

To ask His Majesty's Government how much public money is being spent on steelmaking in Scunthorpe.

We will report regularly to Parliament on the use of the Steel Industry (Special Measures) Act and I updated the House with latest information in a Written Ministerial Statement on 20 May 2025.

All funding required for the Scunthorpe site will be drawn from existing budgets, within the spending envelope set out by the government at Spring Statement 2025. As the Prime Minister and Chancellor have made clear, the UK's fiscal rules remain non-negotiable.

To date, we have provided approximately £100m for working capital. This covers items such as raw materials, salaries, and addressing unpaid bills, including for SMEs in the supply chain. This does not take into account future revenue. The Department for Business & Trade’s accounts for 2025/26 will reflect the financial support that the department has given to British Steel.