British Steel nationalisation takes step closer
British Steel nationalisation
Covered by 13 sources
- NDTV World·6d agoUK Nationalises British Steel, Takes Control From China's Jingye
The country's last factory that can make steel from scratch faced imminent closure last year after Jingye said the plant in Scunthorpe, northern England, was no longer financially viable.
Read at NDTV World → - Guardian UK·6d agoChina ‘strongly dissatisfied’ with nationalisation of British Steel
Move dealt ‘severe blow to Chinese companies’ confidence in investing in the UK’, says Ministry of Commerce China’s government has said it is “strongly dissatisfied” with the decision to nationalise British Steel this week, 15 months after the UK government stepped in to prevent…
Read at Guardian UK → - BBC UK News·6d agoChina hits out at British Steel nationalisation
The UK government said taking the firm into public hands would safeguard "a vital national capability".
Read at BBC UK News → - Channel 4 News·Jul 16Starmer nationalises British Steel in one of his final acts as prime minister
In one of Keir Starmer's final acts as prime minister British Steel has been brought into public ownership he says to protect 'the future of steel production' in the UK, in particular at the Scunthorpe steelworks.
Read at Channel 4 News → - The News Biz PK·Jul 16UK government nationalizes British Steel, bringing company under public ownership
UK government nationalizes British Steel, bringing company under public ownershipBritish Steel was officially taken into public ownership on July 16, 2026. Following the formal adoption of the Steel Industry Act 2026, which received Royal Assent earlier this week, the UK…
Read at The News Biz PK → - The West Business·Jul 16UK nationalises British Steel in 'public interest'
British Steel has been brought under public ownership to protect "the future of steel production in the UK", as the government completes its takeover.
Read at The West Business → - The Independent·Jul 16British Steel taken back into public ownership by UK government to ‘protect vital supply’
British Steel was previously owned by the Chinese company Jingye
Read at The Independent → - Irish Times Business·Jul 16Britain nationalises British Steel in bid to safeguard domestic steelmaking
Public ownership ‘necessary’ to protect the UK’s national interest.
Read at Irish Times Business → - Guardian Politics·Jul 16British 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…
Read at Guardian Politics → - City A.M.·Jul 16Government nationalises British Steel
The government has brought British Steel under state ownership after the steelmaker’s nationalisation passed a public interest test. The Prime Minister said the move “secured the future of British steelmaking”, and follows the introduction of fresh legislation that made it…
Read at City A.M. → - Sky News Home·Jul 16British Steel taken into public ownership
British Steel has been taken into public ownership in the "national interest", the government has announced.
Read at Sky News Home → - BBC Business·Jul 15British Steel nationalisation takes step closer
The new legislation would see Scunthorpe-based British Steel brought into public ownership.
Read at BBC Business →