UK PM says all options on British Steel plant remain on table
UK PM says all options on British Steel plant remain on table
Published by Global Banking and Finance Review
Posted on April 7, 2025
Published by Global Banking and Finance Review
Posted on April 7, 2025
LONDON (Reuters) - British Prime Minister Keir Starmer said on Monday he was keeping all options open in relation to the future of the China-owned British Steel plant in Scunthorpe, northeast England.
"All options are on the table in relation to Scunthorpe," Starmer told a press conference, when asked if the government would consider nationalisation to support British Steel, which said last month it could close its two blast furnaces with the potential loss of up to 2,700 jobs.
(Reporting by Sarah Young, writing by Sachin Ravikumar, editing by Paul Sandle)
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