UK 'seriously considering' nationalising British Steel in wake of Donald Trump's tariffs

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Prime Minister Keir Starmer is considering nationalising British Steel as fears grow that only days remain to secure raw materials required for the company's blast furnaces in Scunthorpe.British Steel has been owned by the Chinese company Jingye since 2020 and has said its two blast furnaces in Scunthorpe are "no longer financially sustainable."The Prime Minister said "I'm absolutely committed to steel production in this country."Nigel Farage vi…

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UK government refuses to rule out nationalizing last plant in UK that makes steel from raw material

The British government is refusing to rule out nationalizing the last plant in the U.K. that makes steel from raw materials as the global trade war increases pressure to preserve the nation’s ability to supply domestic industry with the steel it needs.

UK won't rule out nationalizing last local plant that makes steel from raw material

The British government is refusing to rule out nationalizing the last plant in the U.K. that makes steel from raw materials as the global trade war increases pressure to preserve the nation’s ability to supply domestic industry with the steel it needs

British Steel solution is within reach, minister says

The UK government is considering nationalising the Chinese-owned firm which employs 2,700 people.