Research and analysis
RPC opinion: impact of Steel Industry (Nationalisation) Bill
Regulatory Policy Committee's opinion of the quality of the evidence and analysis in the impact assessment from the Department for Business and Trade.
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The Steel Industry (Nationalisation) Bill gives the Secretary of State powers to transfer the shares or property of a steel undertaking where it is necessary to do so in the public interest.
The Regulatory Policy Committee (RPC) gave a ‘green’ rating to the impact assessment for the bill on 22 May 2026. This means that we considered it to be ‘fit for purpose’ based on our scrutiny of the evidence and analysis supporting the case for why regulation is necessary.
The RPC’s opinion refers to the evidence and analysis presented in the impact assessment, not the policy itself.
Updates to this page
Published 5 June 2026