EPISODE · Apr 13, 2025 · 1 MIN
UK takes control of British Steel under emergency powers
from Daily SumUp
The UK government is taking control of Chinese-owned British Steel after emergency legislation was rushed through Parliament in a single day. Business Secretary Jonathan Reynolds told MPs the government's likely next step would be to nationalise the Scunthorpe plant, which employs 2,700 people. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The UK government is taking control of Chinese-owned British Steel after emergency legislation was rushed through Parliament in a single day. Business Secretary Jonathan Reynolds told MPs the government's likely next step would be to nationalise the Scunthorpe plant, which employs 2,700 people. Hosted on Acast. See acast.com/privacy for more information.
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UK takes control of British Steel under emergency powers
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