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    China dissatisfied with British Steel nationalisation

    1 week ago

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    The UK Government has nationalised British Steel to secure its future and protect jobs. China expressed strong dissatisfaction, claiming the move undermines confidence in UK investments. The nationalisation follows the Steel Industry (Nationalisation) Act 2026, allowing public ownership of steel businesses. Prime Minister Keir Starmer emphasized the importance of British Steel to the nation's industrial strength.
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