National Wealth Fund: Iron and Steel

(asked on 10th November 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much funding her Department plans to provide through the National Wealth Fund for steel projects; and how businesses can access that funding.


Answered by
James Murray Portrait
James Murray
Chief Secretary to the Treasury
This question was answered on 18th November 2025

This Government has a vision for a strong, resilient, productive steel industry in the UK that is primed for long-term success, driving growth in communities. The NWF will commit at least £5.8 billion over this Parliament to priority sub-sectors, which includes green steel. Businesses seeking the NWF’s finance or support from should contact them directly via their website:

https://www.nationalwealthfund.org.uk/contact-us

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