Announcement
16 Jul 2026
In July 2026, the UK government took British Steel into public ownership under the Steel Industry (Nationalisation) Act 2026.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
16 Jul 2026
Revocation date:
No revocation date
Announced: 16 Jul 2026
FDI: Treatment and operations, nes
In force
Recent update from 17 Jul 2026:
On 16 July 2026, the UK government took British Steel into public ownership. With this decision, the government removed China's Jingye Group as the owner of British Steel. The forced divestment too...
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Related State Acts
Implemented: 15 Jul 2026
United Kingdom: Government enacts the Steel Industry (Nationalisation) Act to allow nationalisation of steel companies including British Steel
Announced: 12 Apr 2025
United Kingdom: Steel Industry (Special Measures) Act 2025 empowers the government to take control over steel undertakings
Announced: 12 Apr 2025
United Kingdom: Government takes control over British Steel
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