Government moves to nationalise Speciality Steel UK to protect 1,300 jobs
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This story is aggregated from The Guardian (theguardian.com). Full reporting rights and copyright belong to the primary publisher.
Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyerBusiness news – live updatesOne of Britain’s steelworks is to come into public ownership after the government said it would take over Yorkshire-based Speciality Steel UK (SSU...
Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyer
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 will “work towards” acquiring the company to protect the jobs of its 1,300 workers in Rotherham, Stocksbridge, Brinsworth and Wednesbury.
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https://www.theguardian.com/business/2026/sep/14/government-nationalise-speciality-steel-uk-jobs-ssuk
