Announcement
12 Apr 2025
In April 2025, the United Kingdom enacted the Steel Industry (Special Measures) Act 2025, granting the government powers to take control of steel undertakings to ensure the continued operation of their assets.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
12 Apr 2025
Revocation date:
No revocation date
Announced: 12 Apr 2025
Corporate control order
In force
In May 2026, the UK Government introduced the Steel Industry (Nationalisation) Bill to Parliament, establishing powers to nationalise steel companies such as British Steel. The new Bill would repea...
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