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Bills · Became law

Bringing the steel industry into public ownership

The bill has been signed off by the King and is now law.

In plain words

This law sets up a way for the government to take a steel company into public ownership, including how compensation would work. It does not nationalise any company itself.

Summary drafted by AI, checked by Jonathan on 4 Oct 2026. Source: Parliament Library briefing.

Official title: Steel Industry (Nationalisation) Act 2026

  1. 1Introduced1st reading
  2. 2Main debate2nd reading
  3. 3Detailed checksCommittee
  4. 4ChangesReport stage
  5. 5Final vote3rd reading
  6. 6Other houseLords or Commons
  7. 7Becomes lawRoyal Assent

Nothing more. This bill is now law.

Put forward by Peter Kyle, Baroness Lloyd of Effra.

Votes so far

DateVoteCountResult
9 Jun 2026Bringing the steel industry into public ownership: a proposed change157 for, 287 againstRejected
9 Jun 2026Bringing the steel industry into public ownership: a proposed change94 for, 297 againstRejected
9 Jun 2026Bringing the steel industry into public ownership: a proposed change90 for, 290 againstRejected
8 Jun 2026Bringing the steel industry into public ownership: a proposed change145 for, 251 againstRejected
8 Jun 2026Bringing the steel industry into public ownership: a proposed change65 for, 251 againstRejected
8 Jun 2026Bringing the steel industry into public ownership: a proposed change81 for, 266 againstRejected
21 May 2026Bringing the steel industry into public ownership: an attempt to block it68 for, 242 againstRejected

Votes in the Lords

DateVoteCountResult
8 Jul 2026Lords vote 195 content, 202 not contentRejected
Full timeline
DateStageHouse
14 May 20261st readingCommons
21 May 20262nd readingCommons
21 May 2026Money resolutionCommons
21 May 2026Ways and Means resolutionCommons
21 May 2026Programme motionCommons
8 Jun 2026, 9 Jun 2026Committee of the whole HouseCommons
9 Jun 20263rd readingCommons
14 Jul 2026Programme motionCommons
10 Jun 20261st readingLords
16 Jun 20262nd readingLords
29 Jun 2026, 1 Jul 2026Committee stageLords
8 Jul 2026Report stageLords
13 Jul 20263rd readingLords
14 Jul 2026Consideration of Lords amendmentsCommons
15 Jul 2026Royal AssentUnassigned

In the bill’s own words: A Bill to make provision enabling the Secretary of State in certain circumstances to make regulations relating to the transfer of securities issued by, or property, rights and liabilities of, a steel undertaking; and for connected purposes.

Official page on Parliament’s site

Source: Parliament Bills API · Commons votes from the Commons Votes API.