British Steel could be renationalised under plans reportedly being considered by the Government amid uncertainty about the company’s future.

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Government considering renationalising British Steel, reports suggest

It would mark an end to 36 years of private ownership after Margaret Thatcher passed the British Steel Act in 1988

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The Independent

Evgeny Lebedev

Government considering nationalising British Steel amid rescue efforts

EXCLUSIVE: Labour's plan to renationalise the UK's steel industry has been branded a "bad mistake" by the former Shadow Business Secretary.

Daily Express

Reach plc

Labour plan to nationalise British steel industry blasted as 'complete disgrace'

Labour ministers considering taking all or part of company into public ownership to avoid its collapse

The Telegraph

Press Holdings

David and Frederick Barclay

British Steel faces nationalisation under Government plans

British Steel’s Scunthorpe plant employs about 4,000 people and is the UK’s last remaining primary steel plant.

Shropshire Star

MNA Media

Ketley

Shropshire

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

Labour is considering plans to renationalise British Steel amid a growing row with Chinese owners over dwindling UK investment.Margaret Thatcher's administration had privatised the firm back in 1988 - but this could all be about to change.As Sir Keir Starmer's team begins taking various industries back into the Government's hands, taking either a part or the whole of the company into state ownership is understood to be on the table, The Telegrap…

GB News

POLL OF THE DAY: Should British Steel be renationalised? VOTE NOW

British Steel could be renationalised under plans reportedly being considered by the Government. Ministers have been locked in talks with the company’s Chinese owners, Jingye, over a potential rescue plan for its Scunthorpe plant. A Government source told The Guardian renationalisation was “the least attractive option” of several being looked at due to its significant cost, but that it would be “negligent not to look at it”. British Steel announ…

iNews

British Steel 'could face renationalisation' under plans considered by ministers

The British government is keeping the option open to nationalise steel company British Steel, sources told The Guardian. Discussions are currently underway about a possible investment of 1.2 billion euros. The discussions are difficult and that is why a complete takeover by the state is an option. The Labour government wants to safeguard steel production in its own country. Renationalisation is the least attractive option, a government spokesman…

De Britse overheid houdt de optie open om staalbedrijf British Steel te nationaliseren, zeggen bronnen tegen The Guardian. Op dit moment vinden er gesprekken plaats over een mogelijke investering van omgerekend 1,2 miljard euro. De discussies verlopen moeizaam en daarom zou een volledige overname door de staat een optie zijn. De Labourregering wil zo de staalproductie in eigen land waarborgen. Het opnieuw nationaliseren is wel de minst aantrekke…

'Britse overheid houdt optie open om staalgigant te nationaliseren'

Netherlands

Dutch public broadcasting system

'UK government keeps option open to nationalise steel giant'

Thames Water, the UK’s biggest water supplier, is at risk of total collapse under the weight of its debts – as accusations of mismanagement swirl. Investors have been deadlined until the end of Thursday of this week for proposals for a multibillion cash injection rescue package.[…] Read the rest

Guido Fawkes

Thames Water Rescue Deadline Approaching as Fears Grow of Labour Nationalisation

FORMER Chancellor Kwasi Kwarteng has said that the UK should look at subsidising domestic steel production, bringing it in line with other countries in the G7.  Speaking to GB News, he said: “So the issue with nuclear was that we discovered the curse of oil, actually. It was because we discovered North Sea oil, effectively, in the 70s. Because if you go back to the 60s, we had the best civil nuclear in the world. “We had about 25 sites where we …

Government considering renationalising British Steel, reports suggest

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