16 July 2026 at 1:16 pm
Summary
The UK government has brought British Steel under public ownership, while the UK economy grew by 0.1% in May. Separately, FTSE 250 engineering group Rotork has agreed to a £4.1bn takeover by its Swiss rival ABB, with Rotork's shares surging 67% following the announcement.
U.K. Government Nationalizes British Steel After Failed Private Sale
16 Jul 2026, 9:15 pm · Government
Government Brings British Steel Under Public Ownership
16 Jul 2026, 10:52 am · economy
British Steel taken into public ownership to secure UK supply and jobs
16 Jul 2026, 11:19 pm · Politics
China 'Strongly Dissatisfied' After UK Government Nationalises British Steel
17 Jul 2026, 3:29 pm · Business
UK Government Nationalises British Steel to Secure Nation's Steelmaking Capacity
16 Jul 2026, 5:27 pm · Business
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