Starmer nationalises British Steel and visits Ukraine on last full day as Labour leader – UK politics live
Summary
On his last full day as Labour party leader, Keir Starmer finalized the nationalization of British Steel, a company previously owned by a Chinese firm and partly under public control. While making this decision, Starmer visited Ukraine to meet President Volodymyr Zelenskyy and prepare for the transition to Andy Burnham as the new Labour leader and Prime Minister.Key Facts
- Keir Starmer is stepping down as Labour party leader and will be replaced by Andy Burnham.
- The UK government has nationalized British Steel to protect jobs and the steel industry.
- British Steel was previously owned by Chinese company Jingye and partly under public control before nationalization.
- Starmer visited Kyiv to meet with Ukrainian President Zelenskyy on his last day in office.
- Andy Burnham is expected to appoint Shabana Mahmood as his chancellor, replacing the previous favorite Ed Miliband.
- Other political events included testimonies on defence investment and a variety of government statements before the parliamentary summer recess.
- The nationalization law received royal assent shortly before this move was announced.
- British Steel is seen as important for the UK’s industrial strength and economy.
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