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The UK government has officially nationalized British Steel, a move it claims will safeguard a "vital national capability" and ensure the protection of jobs in the sector. This action comes after the company was previously acquired by the Chinese group Jingye. The nationalization is aimed at preserving approximately 2,700 specialized positions in northern England, primarily centered in Scunthorpe.
Critics of the decision have emerged, including responses from China, which expressed disapproval regarding the UK's move to take control of the steelmaker. The government, led by Prime Minister Keir Starmer, argued that this step is necessary to protect national interests and secure the future of steel production in the UK. Since taking operational control in April 2025, the government has emphasized the importance of maintaining domestic steel manufacturing capabilities.
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18 July
Πεκίνο προς Λονδίνο: Η υπόθεση British Steel θα κρίνει την αξιοπιστία σας
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