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United Kingdom · Question · Written question

UIN 115643

Jingye Group: Compensation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 February 2026

Last action

2 March 2026 · Answer

Status

Answered

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Discovery layer

Source updated

2 March 2026

Summary

To ask the Secretary of State for Business and Trade, what methodology will be used to determine the level of compensation available to Jingye following Royal Assent of the Steel Industry (Special Measures) Act 2025.

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Timeline

  1. 24 February 2026

    Written question

    To ask the Secretary of State for Business and Trade, what methodology will be used to determine the level of compensation available to Jingye following Royal Assent of the Steel Industry (Special Measures) Act 2025.

    Source: Commons

  2. 2 March 2026

    Answer

    We continue to work with Jingye to find a pragmatic and realistic solution for the future of British Steel. Upon the end of Government intervention under the Steel Industry (Special Measures) Act, a compensation scheme will be available to Jingye, which w...

    Source: Written answer

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