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  • British Steel could be nationalised as PM and chancellor consider ‘all options’

    04/08/2025 3:56:57 PM PDT · by MinorityRepublican · 28 replies
    The Guardian ^ | Tue 8 Apr 2025 | Rowena Mason
    Keir Starmer and Rachel Reeves are actively considering nationalising British Steel in an escalation of plans first revealed in the Guardian last year. The prime minister said all options were on the table to secure the future of the Scunthorpe plant, which is owned by the Chinese firm Jingye and employs about 3,500 people. The possibility of nationalisation was first revealed in December but discussions have taken on fresh urgency with US tariffs and talks about a financial support package to move to less polluting technology having faltered. The government has now been forced to consider more drastic options, ranging...