Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills
The below Parliamentary question was asked by Kevin Brennan on 2016-05-18.
To ask the Secretary of State for Business, Innovation and Skills, what the value was of (a) private and (b) public sector investment in the British steel industry in each of the last 10 years.
Anna Soubry
This information is not collected centrally. However, the following are examples of Government investments in the UK metals sector since 2008:
- £8.2 million from the Regional Growth Fund towards a new Tata Steel Europe R&D Centre at Warwick University
- Advanced Manufacturing Supply Chain Initiative (AMSCI) – £12.7 million comprising £6.47 million grant and £6.25 million loan to a consortium of which Tata Steel Europe is a key partner, to develop the “Proving Factory” which specialises in the industrialisation and low-volume production of advanced propulsion systems to automotive standards.
- AMSCI – CASCADE project and consortia of 11 companies led by Tata Steel – awarded grant of £4.6m in April 2015 for development of metal powders and processes for additive manufacturing
- Over £100m in capital projects in universities (through the Research Partnership Investment Fund) in steel, composites, automotive and aerospace, which has leveraged funding from businesses such as Tata, Rolls Royce and JLR.
- Over £100m in EPSRC’s grant programme in metals and alloys
- Innovate UK have provided just under £4m in grants to Tata Steel and a further £2m (with £2m from EPSRC) for SPECIFIC – an innovation and knowledge centre at Swansea University.
Information on private sector investment in the steel industry is not available from official sources.
