Mex@feddit.uk to United Kingdom@feddit.ukEnglish · 23 days agoMinisters considering renationalising British Steel if rescue plan failswww.theguardian.comexternal-linkmessage-square2fedilinkarrow-up135arrow-down11
arrow-up134arrow-down1external-linkMinisters considering renationalising British Steel if rescue plan failswww.theguardian.comMex@feddit.uk to United Kingdom@feddit.ukEnglish · 23 days agomessage-square2fedilink
minus-squareTheGrandNagus@lemmy.worldlinkfedilinkEnglisharrow-up8·23 days agoGiven the current Chinese owners are battling tooth and nail to not have to foot 50% of the bill for the new furnaces (which is already generous from the gov), I highly doubt they are good custodians of British Steel in the long term.
minus-squareᴇᴍᴘᴇʀᴏʀ 帝@feddit.uklinkfedilinkEnglisharrow-up8·23 days agoAnd you’d know all about profit.
Given the current Chinese owners are battling tooth and nail to not have to foot 50% of the bill for the new furnaces (which is already generous from the gov), I highly doubt they are good custodians of British Steel in the long term.
And you’d know all about profit.