British Steel is taken into public ownership to save UK supply

Scunthorpe factory is expropriated from China’s Jingye and ministers will ask a valuer to assess compensation British Steel has formally been taken into public ownership 15 months after the government stepped in to prevent the closure of its steelworks in Scunthorpe and the loss of 4,000 jobs. Ke...

First seen 3h ago · latest update 3h ago · World · politics