Dossier
Scunthorpe factory
Coverage of Scunthorpe factory in the Nexus archive.
- British Steel is taken into public ownership to save UK supply
British Steel has been taken into public ownership by the UK government to prevent the closure of its Scunthorpe factory and the loss of 4,000 jobs. The expropriation from China’s Jingye follows a 15-month government intervention, with ministers seeking a valuer to assess compensation. Keir Starmer stated the move was in the national interest, as the Steel Industry (Nationalisation) Act received Royal Assent.