News · 16 July 2026
British Steel nationalisation bill becomes law, clearing public ownership path
Photo by Declan Sun on Unsplash
New legislation has been enacted by Parliament, enabling British Steel to transition into public ownership. Amendments to the Steel Industry (Nationalisation) Bill were approved by the House of Commons on Tuesday, subsequently gaining royal assent and becoming law. The nationalisation follows the government's announcement in May that British Steel would be nationalised after a deal with its Chinese owner, Jingye, failed.
Reported by BBC · How we write briefs