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flag UK government takes over British Steel, saving up to 2,700 jobs at Scunthorpe plant.

flag The UK government's takeover of British Steel has led to up to 2,700 job cuts at its Scunthorpe plant. flag The intervention, using emergency powers, secured raw materials and kept the plant running, which had been under threat of closure by the previous Chinese owner, Jingye. flag This move ensures job security for thousands of workers, with the government looking to stabilize and support the steel industry's future.

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