Government moves to nationalise Speciality Steel UK to protect 1,300 jobs
Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyer Business news – live updates One of Britain’s steelworks is to come into public ownership after the government said it would take over Yorkshire-based Speciality Steel UK (SSUK). Jonathan Reynolds, the business secretary, said officials would “work towards” acquiring the company to protect the jobs of its 1,300 workers in Rotherham, Stocksbridge and Brinsworth in South Yorkshire and Wednesbury in the West Midlands. Continue reading...
Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyer
Business news – live updates
One of Britain’s steelworks is to come into public ownership after the government said it would take over Yorkshire-based Speciality Steel UK (SSUK).
Jonathan Reynolds, the business secretary, said officials would “work towards” acquiring the company to protect the jobs of its 1,300 workers in Rotherham, Stocksbridge and Brinsworth in South Yorkshire and Wednesbury in the West Midlands.
Continue reading...
Source: Guardian UK. Read the original report: https://www.theguardian.com/business/2026/sep/14/government-nationalise-speciality-steel-uk-jobs-ssuk
Related stories
Baby born during Harry Potter screening has 'Cineworld' on birth certificate
Elsie Lamb was born in the Cineworld at Broughton, Flintshire, about 40 minutes into the film.
'My sex offender ex is fighting for access to our child'
The woman, who is "sick" at the thought of her sex offender ex having access to their child, is calling for laws to change.
The Papers: Reform donors 'could face enhanced checks' and 'Sydney Sweeney blasted'
Several papers feature actor Sydney Sweeney, who has been criticised by female athletes for posing nude for a sports betting company advert.
AI-linked stocks slide after tech bosses call for slowdown in ‘reckless’ development
Donald Trump dismisses attempts to increase controls on artificial intelligence as ‘sick conspiracy’ AI-linked stocks tumbled on Monday after the bosses of Anthropic, OpenAI and SpaceX called for a slowdown in AI “reckless” development, citing fears the technology could soon run out of control. Shares in the semiconductor designer Nvidia – the world’s most valuable company – were down 3.3% by market closing in New York City, while Advanced Micro Devices (AMD) slid 4% and Micron Technology and Sandisk shares slumped by 5%. The tech-heavy Nasdaq index fund was down 0.5% by the end of the day. Continue reading...