The government is considering nationalising British Steel as fears grow among ministers that the company's blast furnaces in Scunthorpe, Lincolnshire could run out of raw materials within days. Chancellor Rachel Reeves has sought to reassure workers at the plant that the government would consider nationalisation if necessary. Reeves spoke to trade unions over the weekend to explain the government's outlook on the steelworks' future. It is understood she told them she was acutely aware of the steel industry's strategic importance to the UK. US President Donald Trump has levied a 25% tariff on American imports of ... (full story)