Britain nationalises British Steel, ending Chinese ownership
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Britain nationalises British Steel, ending Chinese ownership
Agencies The British government said Thursday it had taken British Steel into full public ownership to “protect the future of steel production in the UK”, after taking control from Chinese firm Jingye. The country’s last factory that can make steel from scratch faced imminent closure last year afte»»»
BusinessGovernment nationalizes struggling British Steel
LONDON: The British government said Thursday it had taken British Steel into full public ownership to “protect the future of steel production in the UK”, after taking control from Chinese firm Jingye. The country’s last factory that can make steel from scratch faced imminent closure last year after»»»
UK economy rebounds as nation awaits new PM
The data comes as Andy Burnham prepares to take over as prime minister on Monday. (AFP pic) LONDON: Britain’s economy rebounded slightly in May with growth of 0.1% thanks to expansion in the services sector, official data showed Thursday as Britain awaits a new prime minister. Gross domestic produc»»»
UK Govt Announces British Steel Nationalisation, Economy Rebounds
The British government said Thursday it has taken British Steel into public ownership to “protect the future of steel production in the UK”, fully nationalising the company after taking control of it from Chinese firm Jingye. “Today’s decision secures ... »»»
UK economy rebounds as nation awaits new PM
LONDON, July 16, 2026 (BSS/AFP) - Britain's economy rebounded slightly in May with growth of 0.1 percent thanks to expansion in the services sector, official data showed Thursday as Britain awaits a new prime minister. Gross domestic product (GDP) had contracted by 0.1 percent in April as the US-Ir»»»
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