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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...

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Jonathan Reynolds Jonathan Reynolds British politician (born 1980)

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
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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
Minister clashes with Badenoch over steel deal claim [Video]

Minister clashes with Badenoch over steel deal claim

Business Secretary Jonathan Reynolds says the Conservative leader is wrong to say she had negotiated a modernisation plan with British Steel for electric arc furnaces at Teesside and Scunthorpe. Ms Badenoch posted on X on Friday saying as business secretary in the last Conservative government she had negotiated the proposal, but it was "bungled" by Labour. After intervening, Ms Badenoch says: "Labour cannot negotiate. We were negotiating a modernisation deal that would have had limited job losses, just like we had in Port Talbot”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:55Published
Business secretary opens ‘exceptional’ Steel industry debate [Video]

Business secretary opens ‘exceptional’ Steel industry debate

Opening the second reading of the Steel Industry (Special Measures) Bill, Business Secretary Jonathan Reynolds says: "We meet under exceptional circumstances, to take exceptional action, in what are exceptional times”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:02Published

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

British Steel to end consultation on up to 2,700 redundancies after government intervention

British Steel has said it will end a consultation on up to 2,700 redundancies, after the government took control of the firm earlier this month.
Sky News
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

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Farage backs calls for nationalisation of UK steel industry [Video]

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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..

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Shadow Business secretary condemns 'botched' steel takeover [Video]

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Shadow Business Secretary Andrew Griffith says the government’s handling of British Steel has been “botched”. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us..

Credit: ODN     Duration: 00:54Published

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