Business · 18 June 2026

Government 'strongly minded' to nationalise British Steel

Wilson Adams via Wikimedia Commons (CC-BY-SA-2.0)

The government says it's "strongly minded" to fully nationalise British Steel, which has been under its control since April 2025. An industry minister confirmed on Thursday that a nationalisation bill has passed the Commons and is now in the Lords. Around £555 million in taxpayer funds has already kept steel production going in Scunthorpe.

By BriefTea Editorial · 18 June 2026 at 14:42

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