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2025-04-13 22:54:45

Layer3.news on Nostr: yahoo.com_3 UK TO TAKE EMERGENCY CONTROL OF BRITISH STEEL, WITH NATIONALISATION ON ...


UK TO TAKE EMERGENCY CONTROL OF BRITISH STEEL, WITH NATIONALISATION ON THE TABLE

https://media.zenfs.com/en/reuters.com/a96cf0df7ce6c4ca9a014355969dfa9a
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✍️ The UK government is taking control of British Steel to prevent its blast furnaces from closing, with a nationalization of the company becoming increasingly likely.
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👉 The UK government is taking control of British Steel to prevent its blast furnaces from closing
👉 The company employs 3,500 people at its Scunthorpe plant
👉 The government is concerned about the impact on the national interest
👉 The bill will give the government control of the site, ensure workers get paid, and order raw materials to keep the blast furnaces running
👉 A nationalization of the company is becoming increasingly likely

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#KeirStarmer #JonathanReynolds #London #Scunthorpe #PortTalbot #politics
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https://media.zenfs.com/en/reuters.com/a96cf0df7ce6c4ca9a014355969dfa9a

https://finance.yahoo.com/news/uk-seeks-emergency-powers-control-124101097.html

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