Taking Back Control, Releasing Britain's Potential

[Canary42]

https://www.bbc.co.uk/news/business-50369413

I didn't realise that's what he meant by releasing, i.e. selling off.

[Old_Geezer]

It was already looking for a buyer. It's a rescue mission.
I'm unsure of the legalities but suspect the rules would have made it difficult to be nationalised even if the government wanted to step in.

[dannyk13]

It will save countless jobs and it was a necessary thing to do.

[naomi24]

Selling off? Sounds like you didn't realise British Steel isn't a nationalised industry.

[scorpiojo]

Please stop spamming

[gulliver1]

Keep the immigrants out and take back Control.
Unless they have pots of money. you couldn't even make it up could you.

[mushroom25]

British Steel represents only the long products division of Tata Steel, which was sold to Greybull Capital in 2016. Tata Steel was created 1n 1999 by the merger of then British Steel plc (formed in 1988), and Koninklijke Hoogovenswhich, to form Corus, which was formed in 1997. It's only a very small part of an entity that has been in private hands for more than 30 years. It's not the government's to sell off and hasn't been since 1988.

[emmie]

a good thing surely, saves all those jobs and the jobs of those outsourcing.

[youngmafbog]

Ah, the usual ill researched post from Canary.