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UK takes control of British Steel under
emergency powers

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Posted By: sunset, 4/13/2025 3:47:54 AM

The UK government is taking control of Chinese-owned British Steel after emergency legislation was rushed through Parliament in a single day. Business Secretary Jonathan Reynolds told MPs the government's likely next step would be to nationalise the Scunthorpe plant, which employs 2,700 people. But he said he was forced to seek emergency powers to prevent owners Jingye shutting down its two blast furnaces, which would have ended primary steel production in the UK. MPs and peers were called back from their Easter holidays to debate the legislation in an extremely rare Saturday sitting of both houses of Parliament. It has now received Royal Assent after being passed

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Reply 1 - Posted by: Highlander 4/13/2025 4:54:04 AM (No. 1931573)
What the U.S. should do to the Chinese land-owners of our sovereign soil, especially the land by our military bases.
48 people like this.

Reply 2 - Posted by: 5 handicap 4/13/2025 5:51:30 AM (No. 1931580)
The British are USELESS! They have become a sultanate and are wholly undeserving of any sympathy! They have only not recognized the inevitable! It will not be long until Winchester Cathedral becomes a Mosque!
25 people like this.

Reply 3 - Posted by: HPmatt 4/13/2025 7:08:43 AM (No. 1931602)
Brits could have bought Texas coke ovens for about $10 dollars in 1988. In East Texas my employer, Lone Star Steel, which made oilfield tubing and casing (later bought by US Steel), shut down our blast furnace, and coke ovens. Congress’ Tax Reform Act of 1986 killed US oil production, real estate and resultant banking and S&Ls collapse. Once you stop loading (turn off) the coke ovens with coal, the refractory lining collapses. Back then cost would be about $5 million to rebuild. It was cheaper to buy steel from Sweden and Germany when they had steel mills. Our Iron Ore Sintering plant was broken up and shipped to….Chyna…
31 people like this.

Reply 4 - Posted by: canadiandruid 4/13/2025 7:24:00 AM (No. 1931615)
going to have that xtc song stuck in my head all day
2 people like this.

Reply 5 - Posted by: Petronius 4/13/2025 7:48:59 AM (No. 1931629)
Making plans for Nigel.
5 people like this.

Reply 6 - Posted by: Strike3 4/13/2025 8:04:19 AM (No. 1931634)
Atlas Shrugged is coming alive right before our eyes.
24 people like this.

Reply 7 - Posted by: DVC 4/13/2025 10:17:33 AM (No. 1931693)
Communists destroying the UK, like termites.
14 people like this.

Reply 8 - Posted by: Dodge Boy 4/13/2025 2:08:53 PM (No. 1931786)
My Dear Brits - thankfully you seem to have awaken. Might be too late to smell the coffee but, I hope not for your sakes. Take charge of yourselves soonest.
13 people like this.

Reply 9 - Posted by: DVC 4/13/2025 2:40:09 PM (No. 1931805)
OOOPS. Apparently "British Steel" is actually Chinese Steel.
8 people like this.

Reply 10 - Posted by: Zigrid 4/14/2025 10:05:32 AM (No. 1932137)
The English politicians opened the doors to immigrants of the muslim persuasion and now they are over run with foreignors that control the law....I'm surprised the law is still English....it's heading to muslim law...and how long was it that Queen Elizabeth guided her country....now her wimp son is the standard and his fake queen...it's a sadness to watch as they try and collect some control by visiting the pope...who isn't all he's said to be....thank God for President Trump....
8 people like this.

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The UK government is taking control of Chinese-owned British Steel after emergency legislation was rushed through Parliament in a single day. Business Secretary Jonathan Reynolds told MPs the government's likely next step would be to nationalise the Scunthorpe plant, which employs 2,700 people. But he said he was forced to seek emergency powers to prevent owners Jingye shutting down its two blast furnaces, which would have ended primary steel production in the UK. MPs and peers were called back from their Easter holidays to debate the legislation in an extremely rare Saturday sitting of both houses of Parliament. It has now received Royal Assent after being passed
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