Starmer steps in to seize control of British Steel with nationalisation likely
Source: The Guardian | Published: April 11, 2025, 5:44 p.m.
Parliament recalled on Saturday for emergency vote to pass bill taking assets into public control
Keir Starmer is stepping in to seize control of British Steel to stop its Chinese owner shutting the Scunthorpe plant in an unprecedented move that paves the way for likely nationalisation.
The prime minister was granted a recall of parliament on Saturday, with MPs set to debate emergency laws that will give the business secretary, Jonathan Reynolds, the power to direct the company.
Continue reading...