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'Likely' British Steel will be nationalised, says business secretary

Sky News Tuesday, 15 April 2025
'Likely' British Steel will be nationalised, says business secretaryBusiness Secretary Jonathan Reynolds has said it is "likely" that British Steel will be nationalised.
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Video Credit: ODN - Published
News video: Business Secretary defends steel takeover

Business Secretary defends steel takeover 01:48

Business Secretary Jonathan Reynolds says public ownership of British Steel is now a likely option, as the government works to secure the industry's future and attract private investment. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at...

💡 newsR Knowledge: Other News Mentions

Jonathan Reynolds Jonathan Reynolds British politician (born 1980)

Business Secretary responds to criticism of trade deal [Video]

Business Secretary responds to criticism of trade deal

Business secretary Jonathan Reynolds has responded to criticism of the India-UK trade deal following backlash from Conservatives. Mr Reynolds insisted the deal will result in "higher wages, more jobs and more tax revenue coming in to pay for public services". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:50Published
Business Secretary: UK-India deal 'great news for the UK' [Video]

Business Secretary: UK-India deal 'great news for the UK'

Business secretary Jonathan Reynolds has said the UK-India trade agreement is "great news for the UK". "Things like clothes and footwear in the UK will be cheaper for British consumers so this is great news for the UK," Mr Reynolds added. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:38Published
Reynolds hails steel lifeline but warns on jobs [Video]

Reynolds hails steel lifeline but warns on jobs

Jonathan Reynolds says he is “delighted” vital raw materials have arrived to keep the blast furnaces operating at British Steel’s plant in Scunthorpe. Speaking at nearby Immingham Port, the business secretary also hinted at concerns over future Chinese involvement in the steelworks following a clear ‘difference of opinion’ with its previous owners. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:00Published
Politicians react to prison officer attack [Video]

Politicians react to prison officer attack

Business Secretary Jonathan Reynolds and Shadow Business Secretary Andrew Griffith share their concern after Manchester Arena bomb plotter Hashem Abedi attacked prison officers with boiling oil and improvised weapons at HMP Frankland. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:58Published

British Steel (2016–present) British Steel (2016–present) Steel manufacturer founded in 2016

Farage: Keep China out of UK infrastructure [Video]

Farage: Keep China out of UK infrastructure

Nigel Farage says Chinese firms should have no role in UK infrastructure after ministers took control of British Steel. The government acted over the weekend amid fears its Chinese owner planned to shut Scunthorpe’s furnaces. Farage said China is “not a friend of ours” and warned the UK must “find alternatives” even if it means less investment. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:27Published
Supplies arrive as UK moves to save British Steel plant [Video]

Supplies arrive as UK moves to save British Steel plant

Raw materials secured by the Government have arrived in the UK to keep British Steel blast furnaces burning after a race to save the company’s Scunthorpe plant. Ministers have taken control of the firm to ensure supplies such as coking coal and iron ore reach the site after talks with its Chinese owner, Jingye, broke down. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:30Published
Ed Davey says UK steel industry must be protected [Video]

Ed Davey says UK steel industry must be protected

The leader of the Liberal Democrats said the party has given the government their "full backing" to ensure a steel industry remains in the UK. It comes as British Steel staff and civil servants are racing to avert the permanent shutdown of Britain's last primary steelmaking plant. Sir Ed Davey condemned President Trump's tariffs and said it's "essential that we can have steel made in the UK". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:44Published
Farage backs calls for nationalisation of UK steel industry [Video]

Farage backs calls for nationalisation of UK steel industry

Nigel Farage has backed calls for the nationalisation of the British steel industry as the government races to keep the furnaces burning. The Reform UK leader referred to British Steel’s Chinese owner Jingye as "bad faith actors" and said the steel plant should be taken over by a private business. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:34Published

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