Britain 'strongly minded' to nationalise British Steel says government
7 Articles
7 Articles
Chinese steel company Jingye Steel stated that it wants the UK to compensate it for the losses resulting from its investment in British Steel, which has been under British government control since April
The nationalization of British Steel can help to create a modern and sustainable steel sector in the United Kingdom, but only if the state is committed to governing it for the common good, which means investing in the necessary capacity and institutional skills.
East Midlands Business Link
Government signals British Steel nationalisation plan
The UK Government has indicated it is prepared to bring British Steel into public ownership. Industry Minister Chris McDonald said the Government is “strongly minded” to use powers in the Steel Industry (Nationalisation) Bill if it decides nationalisation is in the public interest. The Bill has completed its passage through the House of Commons and […]
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