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๐Ÿ“ˆ Business

British Steel Scunthorpe steelworks officially nationalised by UK government

The British Steel steelworks in Scunthorpe has been officially taken into public ownership under new emergency powers passed by the UK government this week. The nationalisation is aimed at protecting what ministers describe as a "vital" domestic steel supply. It marks one of the most significant acts of state industrial intervention in Britain in decades.

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