Key eventsnowReform UK says it 'good government has finally listened' to its call for British Steel nationalisation4m agoStarmer arrives in KyivReform UK says it 'good government has finally listened' to its call for British Steel nationalisationReform UK is taking some credit for the British Steel nationalisation, because the party called for this earlier this year.Richard Tice, the Reform UK deputy leader, issued this statement, asking for an assurance that the Chinese company Jingye won’t be paid compensation.
double quotation markReform UK called for the nationalisation of British Steel back in April last year to secure Britain’s critical virgin steelmaking capabilities for the next 50 years. It’s good to see the government has finally listened.
We now need a bold strategy that backs British industry by ensuring the use of British steel in both public and private sector procurement, as well as scrapping net zero which is crippling our industry with sky-high energy costs. We must be proudly patriotic in buying British steel.
Compensation should be no more than £1. This business comes with huge liabilities and will require billions of pounds of investment to rebuild the blast furnaces. Taxpayers should not be rewarding failed ownership.
