Day Headlines in Business News: 2026-07-16
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British Steel taken into public ownership to protect 'vital' UK supply (BBC Business 2026-07-16 07:34:47)
The Scunthorpe steelworks has been officially nationalised under new government powers passed this week. -
UK economy returns to growth in May (BBC Business 2026-07-16 06:17:01)
The modest growth reverses a slight contraction that had been seen the previous month. -
Government brings British Steel under public ownership (BBC Business 2026-07-16 06:09:31)
The Scunthorpe steelworks has been officially nationalised under new government powers passed this week.