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Britain plots state control of a flailing steelmaker. Here’s why. (www.politico.eu)

submitted 8 months ago by mc900ftJesus@lemy.lol to c/world@quokk.au

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Lawmakers will on Saturday debate emergency legislation that would give the business secretary, Jonathan Reynolds, the power to keep the S****horpe British Steel site running as the government tries to find a buyer to co-invest in the steelmaker.

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[–] TrojanRoomCoffeePot@lemmy.world 3 points 8 months ago (2 children)

Interesting. @mc900ftJesus@lemy.lol, any idea why it would do that?

[–] mc900ftJesus@lemy.lol 5 points 8 months ago* (last edited 8 months ago)

It wasn’t my instance, I was pulling an elaborate ruse after seeing what town it was.

[–] shani66@ani.social 0 points 8 months ago

Shitty insurance ran by puritans, probably