Ministers under pressure to nationalise British Steel if crisis talks fail
Business committee chair joins calls for Scunthorpe steelworks to be taken into public ownershipThe government is under mounting pressure to nationalise British Steel if crunch talks aimed at a rescue deal fail, as the chair of the influential business committee added his voice to those calling for the Scunthorpe steelworks to be taken into public ownership.Ministers are on Thursday expected to make a formal offer to Jingye, the Chinese owner of the company, which would result in taxpayers providing funding for the purchase of raw materials such as iron ore and coking coal for Scunthorpe’s blast furnaces. Continue reading...
admin
0
0
Business committee chair joins calls for Scunthorpe steelworks to be taken into public ownership
The government is under mounting pressure to nationalise British Steel if crunch talks aimed at a rescue deal fail, as the chair of the influential business committee added his voice to those calling for the Scunthorpe steelworks to be taken into public ownership.
Ministers are on Thursday expected to make a formal offer to Jingye, the Chinese owner of the company, which would result in taxpayers providing funding for the purchase of raw materials such as iron ore and coking coal for Scunthorpe’s blast furnaces. Continue reading...
