Ministers considering renationalising British Steel if rescue plan fails
Submitted 7 months ago by Mex@feddit.uk to unitedkingdom@feddit.uk
https://www.theguardian.com/business/2024/dec/03/ministers-considering-renationalising-british-steel
TheGrandNagus@lemmy.world 7 months ago
Given the current Chinese owners are battling tooth and nail to not have to foot 50% of the bill for the new furnaces (which is already generous from the gov), I highly doubt they are good custodians of British Steel in the long term.
Emperor@feddit.uk 7 months ago
And you’d know all about profit.