Topic
nationalisation
2 stories related to this topic, newest first.
theweek.compolitics18 days agoDeveloping
UK Government to Nationalise British Steel’s Scunthorpe Works After Talks With Chinese Owner Fail
Prime Minister Sir Keir Starmer announced legislation this week to nationalise British Steel, subject to a public interest test. The move follows the government's takeover of the Scunthorpe steelworks from Chinese owner Jingye in April 2025 to prevent blast furnace closures. Indu…
Substrate placeholder — needs reviewbusiness47 days ago
British Steel Ownership Talks Continue Amid Nationalisation Discussion
Ownership discussions for British Steel are ongoing. Labour MP Nic Dakin stated that nationalisation by the summer would be the best outcome for the company. The talks involve potential changes in ownership structure.