Starmer Opens Path to Full Nationalization of British Steel

Britain took de-facto control of British Steel just over a year ago to prevent its two furnaces closing.

Photographer: Danny Lawson/WPA/Getty Images

Prime Minister Keir Starmer pledged a step toward full nationalization of British Steel during a crucial speech on Monday designed to save his premiership.

Starmer described steel production as the “ultimate sovereign capability” and said his Labour government would legislate to give itself the power to take ownership of the company subject to a public interest test.