Active Announced in the King's Speech on 13 May 2026. 12 events
Threads / Steel Industry (Nationalisation) Bill / Timeline
Lifecycle stage Pre-Consultation
2 days in stage

Steel Industry (Nationalisation) Bill

The King's Speech 2026 bill to give government a route to nationalise steel companies or operations where a public interest test is met, supporting domestic steel capability and capacity.

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13 May 2026 | Policy paper British Transport Police Delegated Powers and Regulatory Reform Committee Department for Transport Network Rail Office of Rail and Road Regulatory Policy Committee Transport Committee Transport Focus Context · primary home: Tackling State Threats Bill linked direct

The King's Speech 2026 – Background Briefing Notes (PDF)

Why linked: King's Speech 2026 Background Briefing Notes explicitly names and describes the Steel Industry (Nationalisation) Bill as part of the legislative programme under 'Strengthening Our Economic Security'

The full PDF of the King's Speech 2026 background briefing notes from the Prime Minister's Office, containing dedicated section on the Railways and Passenger Benefits Bill (p.75) setting out the rationale for establishing Great British Railways.

▤ View document · ↗ GOV.UK
13 May 2026 | Policy paper Department for Business and Trade linked commitment

King's Speech announces Steel Industry (Nationalisation) Bill

Why linked: The King's Speech 2026 and official briefing notes announce the Steel Industry (Nationalisation) Bill as part of the government's legislative programme.

The King's Speech 2026 bill to give government a route to nationalise steel companies or operations where a public interest test is met, supporting domestic steel capability and capacity.

▤ View document · ↗ GOV.UK · ↓ The King's Speech 2026: background briefing not… (129pp)
26 Mar 2026 | Guidance Cabinet Office ISU Context · primary home: Tackling State Threats Bill linked direct

Operation of the National Security and Investment Act 2021: memorandum of understanding between the Cabinet Office and the CMA

Why linked: Cabinet Office-CMA MoU on National Security and Investment Act 2021 operation; relevant precedent for how public interest/national security gateways function in acquisition regimes

Memorandum of Understanding between the Cabinet Office and the Competition and Markets Authority on the operation of the National Security and Investment Act 2021.

▤ View document · ↗ GOV.UK · ↓ MoU between Cabinet Office and the CMA on the o…
20 Mar 2026 | Policy paper Department for Business and Trade Context · primary home: UK Steel Strategy linked evidence

Steel strategy

Why linked: Filled the "UK Steel Strategy or equivalent industrial-policy framework defining 'domestic steel capability and capacity'" gap via web research

Strategy document setting out the government’s approach to the steel sector.

▤ View document · ↗ GOV.UK · ↓ The UK steel strategy (print-ready PDF version) (72pp)
+5 more
↓ The UK steel strategy (web-optimised PDF version) (75pp) ↓ The UK steel strategy (web version) ↓ Annex A: steel strategy consultation ↓ Annex B: steel production costs ↓ Annex C: UK Steel Strategy Demand Assessment
22 Jan 2026 | Impact assessment Department for Business and Trade linked direct

Steel Industry (Special Measures) Bill, 2025: final impact assessment

Why linked: Impact assessment for Steel Industry (Special Measures) Bill 2025 — direct predecessor/related legislation establishing the policy framework and justification for steel sector intervention

Impact assessment for the Steel Industry (Special Measures) Bill, outlining the case for legislation, expected impacts and monitoring of the special measures.

▤ View document · ↗ GOV.UK · ↓ Steel Industry (Special Measures) Bill 2025: fi… (29pp)
17 Nov 2025 | Impact assessment Department for Business and Trade evidence

Steel Industry (Special Measures) Bill 2025: Final Impact Assessment

Why linked: Filled the "National security and resilience assessments relating to steel supply chains" gap via web research

The formal impact assessment for the Steel Industry (Special Measures) Bill, published on gov.uk. It contains the government's structured analysis of national security risks, strategic resilience ('option value'), and supply chain continuity implications of domestic steelmaking — directly informing the …

▤ View document · ↗ GOV.UK
22 Jul 2025 | Policy paper Cabinet Office ISU Context · primary home: Tackling State Threats Bill linked direct

National Security and Investment Act 2021: Annual Report 2024-25

Why linked: National Security and Investment Act 2021 Annual Report 2024-25—provides precedent for state acquisition and protective powers in critical sectors.

The Annual Report provides an overview of the operations of the NSI Act.

▤ View document · ↗ GOV.UK · ↓ National Security and Investment Act 2021: Annu… (54pp)
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↓ National Security and Investment Act 2021: Annual Report 20… ↓ Accompanying Spreadsheet to the National Security and Inves…