Richard Tice has welcomed the Government for bringing British Steel under public ownership, saying: “Credit where credit’s due. They’ve listened to me.”

The loss-making firm was taken into Government control amid panic last April after it emerged that Jingye, its Chinese owner since 2020, had drawn up plans to close its two blast furnaces at Scunthorpe.

The Department for Business and Trade had yesterday said it was “strongly minded” to use the new powers in the case of British Steel.

And this morning, it was nationalised under the Steel Act.

Speaking to GB News Breakfast, Reform UK’s Business spokesman called it the “right decision,” saying: “I’ve been saying for seven years that we need to take British Steel back into public ownership and then invest in it, invest in rebuilding the blast furnaces so they’re good for the next 50 years.”

#BritishSteel #Reform #Business #uknews #GBNews

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Watch as Jacob Rees-Mogg explains why he believes offshore gambling and tobacco are becoming more popular as a result of government restrictions.

Rees-Mogg argues that the more the Government tries to restrict people’s choices, the more demand shifts to the black market.

#UKCrime #Gambling #Tobacco #UKNews #GBNews

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“This country is full of cowards!” 😡

Watch as Kelvin MacKenzie discusses a report suggesting that just 6% of Britons would volunteer to defend the UK if the country came under threat, on Michelle Dewberry’s Dewbs & Co.

#Army #Military #UKNews #GBNews

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Britain’s borrowing costs have soared since Keir Starmer resigned and it became clear Andy Burnham would replace him. In July, 10 year gilt yields jumped from 4.7% to more than 5% on Andy Burnham’s arrival to Number 10, adding billions of pounds to the debt interest bill.

Jutin Urquhart Stewart warns Britain must deregulate its economy and lower taxes in order to get economic growth going, though Burnham seems intent on doing the opposite.

Urquhart Stewart warns Britain is ‘hurtling’ into a fiscal crisis and the economic outlook is ‘dark’.

#andyburnham #labour #economy #politics

By Nicholas Dunning

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‘The big global polluters will be laughing.’

GB News’ Alex Armstrong says Britain could face a £4 trillion bill for climate reparations, according to a court in The Hague, which says the UK has a duty to pay reparations to the world for the Industrial Revolution.

#England #UKPolitics #Labour #UKNews #GBNews

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