Ministers are weighing the renationalisation of British Steel as negotiations stall over funding needed for the Scunthorpe site, crucial for thousands of jobs.
'It is one of several options being looked at...but it is the least attractive option. We would be talking about substantial sums of money to buy not very much.'
'We're working across government in partnership with trade unions and businesses to secure a green steel transition...that safeguards the future of the steel industry in Britain.'
'While progress continues, no final decisions have been made,' said a British Steel spokesperson, emphasizing talks regarding decarbonisation.
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