Government risked ‘throwing good money after bad’ in steel talks – Reeves

Chancellor Rachel Reeves at Scunthorpe’s British Steel site (Danny Lawson/PA) - (PA Wire)

The Government risked “throwing good money after bad” in its negotiations over the Scunthorpe steelworks, the Chancellor has said.

Taking questions about whether ministers would bring the North Lincolnshire steelworks into public ownership, Rachel Reeves pledged that the Government would “play a big role” in its future.