questionText: To ask the Secretary of State for Business and Trade, with reference to the Written Statement of 26 February 2026 by the Minister for Industry on British Steel, what contingency provision has been made within existing Departmental budgets to help ensure domestic steel production can be maintained should financial support requirements exceed current forecasts.
answerText: HMG is working closely with EY, who are providing onsite management support, to review British Steel’s forecasts and ensure that any funding requests are robust. HMG and EY work closely with British Steel management on scenario planning to ensure that the...
heading: British Steel: Finance