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    British Steel Nationalised by UK Government

    1 week ago

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    The UK Government has announced the nationalisation of British Steel to ensure the future of steel production in the country. This decision follows the Steel Industry (Nationalisation) Act 2026 receiving royal assent. The move aims to stabilize the business, protect jobs, and maintain production at the Scunthorpe site, previously owned by the Chinese company Jingye.
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