welcome
BBC

BBC

World

World

Laura Kuenssberg: Can UK afford to save British Steel – and can it afford not to?

BBC
Summary
Nutrition label

71% Informative

Parliament will vote to give Jonathan Reynolds power to tell British Steel what to do in practice.

The Chinese owners of British Steel , Jingye , will remain the shareholders, for now.

But Labour 's decision literally and metaphorically keeps the flames alive the government hopes.

The company has been losing money hand over fist and the blast furnaces are nearing their useful life.

There is gathering momentum around nationalisation as the solution, in a way unthinkable not so long ago.

The government hasn't yet worked out what the potential cost of taking on the plant in the long term might be.

The most obvious obstacle? Cold hard cash, way beyond the initial price tag for raw materials to keep Scunthorpe going.

VR Score

69

Informative language

62

Neutral language

60

Article tone

informal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

Affiliate links

no affiliate links