Major Shift: UK Government to Nationalise British Steel
BBC Business
UK Prime Minister Sir Keir Starmer announces plans to nationalise British Steel, aiming to secure jobs and ensure the industry's future amid financial challenges.
UK government plans to nationalise British Steel announced.
Public ownership aims to secure 2,700 jobs in Scunthorpe.
Industry leaders stress need for long-term investment strategy.
Government spending on British Steel could exceed £1.5 billion by 2028.