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Evening Standard
Evening Standard
Jessica Coates

Government brings British Steel under public ownership

British Steel
The British Steel works in Scunthorpe (Joe Giddens/PA) - (PA Wire)

British Steel has been brought under public ownership to protect “the future of steel production in the UK”, the Government has announced.

The Department for Business and Trade said the move was essential to maintain steel production at British Steel’s site in Scunthorpe, Lincolnshire, to protect both the company’s future and UK supply chains.

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