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The Guardian - UK
The Guardian - UK
Business
Rob Davies and Jasper Jolly

Ministers under pressure to nationalise British Steel if crisis talks fail

British Steel Jingye Scunthorpe
The British Steel works in Scunthorpe
Workers worry time is running out to prevent the furnaces closing at the British Steel site in Scunthorpe. Photograph: Dominic Lipinski/Reuters

The government is under mounting pressure to nationalise British Steel if crunch talks aimed at a rescue deal fail, as the chair of the influential business and trade select committee added his voice to those calling for the Scunthorpe steelworks to be taken into public ownership.

Jingye, the Chinese owner of the company, and the UK government were not able to reach a deal on Thursday to supply the Scunthorpe plant with crucial raw materials, with talks expected to restart on Friday.

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