https://www.taxtmi.com/news?id=40720 Emergency legislation will grant the Business Secretary powers to assume control of British Steel, use public funds to supply materials, and act to prevent closure of blast furnaces at Scunthorpe as an interim measure while ownership transfer is finalised, with the government seeking private co-investment to transition to a commercially viable entity. en-us Sat, 12 Apr 2025 16:46:02 +0530 Sat, 12 Apr 2025 16:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40720 Emergency legislation will grant the Business Secretary powers to assume control of British Steel, use public funds to supply materials, and act to prevent closure of blast furnaces at Scunthorpe as an interim measure while ownership transfer is finalised, with the government seeking private co-investment to transition to a commercially viable entity. News - Sat, 12 Apr 2025 16:46:02 +0530 https://www.taxtmi.com/news?id=40720