Government mulls nationalising British Steel amid threat of Scunthorpe closure
Sir Keir Starmer has said "all options are on the table" with regard to Scunthorpe steelworks, following Chinese owner Jingye's decision to launch a consultation on its closure.
Shuttering of the British Steel plant's blast furnaces could mark the end of virgin steelmaking in the UK which has brought pressure on the Government to act in the face of thousands of job losses. The facility is said to be days away from running out of materials after Jingye initially indicated that closure.
Speaking at the Commons Liaison Committee, the Prime Minister said he understood the importanc
Recommend
Packaging firm bought by Coral Products in £500,000 deal with 55 jobs saved
2025-04-20 22:17:38
2025-04-20 22:17:38
Rolls-Royce shares rebound after losing more than £10bn in value since Trump's tariffs
2025-04-20 22:17:38
2025-04-20 22:17:38
Trump's tariffs are a 'lose-lose' - West Midlands business leaders react to the new import tax
2025-04-20 22:17:38
2025-04-20 22:17:38
Nissan reveals new European range including Sunderland-built Leaf and Juke - and a comeback for the Micra
2025-04-20 22:17:38
2025-04-20 22:17:38
Cycling accessories firm secures funding to expand Bristol HQ
2025-04-20 22:17:38
2025-04-20 22:17:38
Fears for Scunthorpe steelworks jobs as consultation launched on closure
2025-04-20 22:17:38
2025-04-20 22:17:38
Defence stocks plunge in panic selling as Trump tariffs spark global panic
2025-04-20 22:17:38
2025-04-20 22:17:38
Arla Foods to merge with German milk cooperative to form €19bn revenue giant
2025-04-20 22:17:38
2025-04-20 22:17:38
Liverpool and Greater Manchester will have 'key role in global space economy' thanks to landmark deal with Axiom Space
2025-04-20 22:17:38
2025-04-20 22:17:38
Airea looking to benefit of multimillion-pound investment effort as sales grow
2025-04-20 22:17:38
2025-04-20 22:17:38