British Steel is taken into public ownership to save UK supply
Scunthorpe factory expropriated from China’s Jingye and ministers will ask a valuer to assess compensationBritish Steel has formally been taken into public ownership 15 months afte...
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Scunthorpe factory expropriated from China’s Jingye and ministers will ask a valuer to assess compensationBritish Steel has formally been taken into public ownership 15 months afte...
Labour's renationalisation of British Steel went ahead today as the Tories urged the government not to write a 'blank cheque' for the industry.
The UK government nationalised British Steel on 16 July 2026. The nationalisation was carried out under the Steel Industry (Nationalisation) Act 2026. Jingye Group, a Chinese enter...
Andy Burnham reportedly considering changes to insolvency rules to strengthen environmental protections and ease path towards bringing energy and water firms under greater public c...
In the first of a series on nationalisation, we look at the critical tests ahead for the PM-in-waiting, from choosing a chancellor to the future of Thames WaterAs he swept towards...
The government first intervened in British Steel last year to prevent its then-owner, the Chinese company Jingye Group, from shutting it down. No private sector buyers came forward...
The UK Government has officially taken British Steel into public ownership after the Steel Industry (Nationalisation) Act received Royal Assent [...]
Keir Starmer says move "protects skilled jobs and safeguards a vital national capability"
There is talk of this with the pending change in PM, but I would not do it. I am quite aware that a) not all of the privatisations went well, and b) American data indicate that st...
In the second of a series on nationalisation, we look at the lessons from Clement Attlee’s administrationWill Andy Burnham ‘go big’ in expanding the role of the state?A prime minis...
British Steel has been brought into public ownership, aiming to secure steel production at British Steel’s Scunthorpe site in Lincolnshire.
Move dealt ‘severe blow to Chinese companies’ confidence in investing in the UK’, says Ministry of CommerceChina’s government has said it is “strongly dissatisfied” with the decisi...
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...
The nationalisation of British Steel has sparked criticism in Wales over a perceived lack of action to protect steel jobs in Wales.
The losses simply get worse and the poor old taxpayer has to pay all the bills. For how long will they manage to preserve the jobs? Government should not overclaim for what it can...
The UK has nationalised British Steel after it was bought by a Chinese Communist Party-linked company that seemed determined to shut it down. The post UK Nationalises Country’s Fi...
Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public controlNils Pratley: Burnham has forced greater clarity at Thames...
The UK has appropriated its last working steelworks following fears its former Chinese owners would shut it down.
In the fifth of a series on nationalisation, we look at utilities – including the cost of ending private ownershipWill Burnham ‘go big’ in expanding the role of the state?Atlee: th...
Everything Mr Burnham says is geared to polling and to his immediate political task, self defined as seeing off the voting threat from Reform. As Prime Minister he will be judged...
Jingye said it will take action "through legal means to the very end" after the UK government nationalised British Steel.
The British government took control of the Scunthorpe steelworks in April 2025, after Jingye Group said it planned to close the site because it was not financially viable.
The new prime minister, Andy Burnham, faulted Margaret Thatcher’s privatization in the 1980s. He wants an alternative economic model, especially to run utilities.
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