The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue.
Archived version: https://archive.is/newest/https://edition.cnn.com/2025/04/12/europe/uk-takeover-british-steel-chinese-jingye-intl-latam/index.html
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Nationalization of critical industries is in fact a good thing, even when a shit government like the UK does it.
Sadly it’s not nationalised. Somehow the tax payer is paying for it but it’s not nationalised…
I don’t disagree. I’m even for it. Just please read the article and then comment and you will understand.