In one of Keir Starmer's final acts as prime minister British Steel has been brought into public ownership he says to protect 'the future of steel production' in the UK, in particular at the Scunthorpe steelworks.
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In one of Keir Starmer’s final acts as prime minister British Steel has been brought into public ownership he says to protect ‘the future of steel production’ in the UK, in particular at the Scunthorpe steelworks.
The now former Chinese owners Jingye may not receive any compensation for the renationalisation, the government said today, as British Steel had been running at a loss for some time.
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Business, UK
The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this…
Scunthorpe factory expropriated from China’s Jingye and ministers will ask a valuer to assess compensation
British Steel was previously owned by the Chinese company Jingye
The British government said Thursday it had taken British Steel into full public ownership to "protect the future of steel…
Keir Starmer won’t leave much of a legacy, but his last week has brought one thing which will be seen as a totemic achievement.
El primer ministro británico asegura que la decisión «garantiza el futuro de la siderurgia en el Reino Unido»
