Manx politician and former Chief Minister of the Isle of Man (2011–2016)
The government has taken British Steel into public ownership to protect steel production in the UK, secure thousands of jobs, and safeguard national infrastructure. Parliament has enacted new powers allowing state intervention, with ministers aiming to stabilise the plant, back communities, and modernise the sector toward green steelmaking.
The Department for Business and Trade has nationalised British Steel to secure steelmaking in the UK, protect thousands of jobs, and maintain a vital national capability. An independent evaluation will determine compensation for the former owner, Jingye Group, as production continues at Scunthorpe.