Government brings British Steel under public ownership
British Steel has come under public ownership to protect “the future of steel production” in the UK, the Government has announced. The Department for Business and Trade said the move was essential to maintain steel production at British Steel’s site in Scunthorpe, Lincolnshire, to protect both the company’s future and UK supply chains. The announcement follows the Steel Industry (Nationalisation) Act 2026 receiving royal assent and becoming law. Commons Deputy […]

