Politics
British Steel nationalisation takes step closer
The new legislation would see Scunthorpe-based British Steel brought into public ownership.
The process for nationalising British Steel has advanced significantly, potentially leading to the Scunthorpe-based company's public ownership.
Parliament has now granted the necessary powers to nationalise the steel industry.
compensationsteel industrybritish steelnationalisationuk parliamentscunthorpepublic ownershipjingye