“Who was going to blink before?”

A source involved in terrible dialogues since the election on the future of British steel told me that as time passed, and literally, the coal began to get out to burn the furnaces, the question was – was the government to offer more to the British steel, jinge, or even more to do work?

On Saturday, Government is changing law To answer that question.

As long as nothing is really strange, Parliament Jonathan will vote to give the power to tell the British steel to give the power to tell the British Steel what to do – in practice, buying coal to burn fire, once to keep the powerful steel industry alive.

Even on Thursday, he was offering taxpayers’ cash to buy raw materials alive as a sweetener for jinge.

At one point in talks, sources suggest that they were asking for a billion pound taxpayer bailout to keep the plant alive. But I have been told that the price is not with any guarantee that jobs will be saved, or the plant will be preserved for good.

Taking control on Saturday does not do this. Chinese owners will remain shareholders for now. But Labor’s decision literally and metaphorically keeps the flames alive – the government is expected. And it prepares taxpayers to start a cough to save the steel industry – how long, there is a more complex question.

So what? Theoretically, Jingye “can do his work together and take back the company”, an internal formula suggested.

Talking to interested parties on Friday night, it was unlikely to disappear.

The UK government has spent the last few weeks, trying to woo them to stay on the board with heavy harassment. It failed, so the possibility of joining back seems very thin.

There is a possibility that another company wants to pounce and defend the business.

Again, don’t hold your breath – the company is losing money on the fist, blast furnaces are near the end of their useful life, and the cost of energy is that it is very large.

So in the current situation, to take the business as a proposal? It is not beautiful. Remember that Jingi was the only bidder for the last time – when a conservative source says, “No other bidders were – the option was closed or nationalized, and conservatives were never nationalized”. So it will be labor?

As this weekend, this is very likely. Remember that action in Parliament does not mean later nationalization. But this is the first step if this is going to happen.

You probably heard ministers repeatedly that “all options are on tables” – it is to get out of their gel card, where they are not committed to doing anything, when their favorite option suddenly disappears. But as MPs gather to vote in the next stages, a journey towards nationalization definitely feels like direction.

Two different sources that have been part of widespread discussions, tell me that the Prime Minister has admitted what the government would have to do to withdraw British steel in public hands. There are practical and political reasons why it can pass.

First of all, the government is expected to achieve its objectives – the construction of infrastructure, spending more on defense, increasing the economy and protecting jobs – it is rational to preserve a steel industry in this country.

This is not just because ministers hate to see good jobs missing. But because in the government, the ability to make steel is an important part of what the UK should be able to do. If the plant is closed, the UK will become the only G7 country without the ability to make primary steel.

This was not something that the government was ready to tolerate. So if the private sector does not do this – enter the state. However, it would not be unfair to surprise why they have ended the decision at the last minute when fuel for furnaces is about to come out, given that it was three weeks ago that the company played an alarm about the possible closure.

Second, the need to work has become politically attractive because it fits into the more and more familiar script of the Sir Kire Stmper, that the new world system has changed – governments need to be more active and agile in protecting their own interests.

This is as follows, if, as Treasury Minister Darren Jones told us last week, Globalization is overThe UK must then be able to make steel -like material and product that really needs itself.

A source comment: “To save the British steel to save the government’s plans, weekends to drag the Toris in Parliament: I finally see why people said why the government was worth it”.

This is after all politics.

Conservative leader Kemi Badenoch convicted the “disability” of the government for the memory of the final-win, while Liberal Democrat leader Sir Ed Devi said that it was an opportunity to come up with a “serious plan” for domestic steel production.

Reform UK leader Nigel Faraj said that the government’s plan was just a “short -term sticking plaster” and both he and Green Party have called public ownership as the only option.

It is worth remembering problems in the steel industry, which did not begin with Donald Trump, or this government, or even jinge. Steel was nationalized in 1967, then sold back to the private sector in 1988.

Exempted conversations with the government about jobs, bailout, survival are familiar. But the solution is collecting the speed around nationalization, not long ago.

The hypothetical conversation began a few months ago at the top of the government, about the possibility, only the detailed work in the previous week. But there is a growing consensus – a source familiar to the situation also says, “Nationalization is unavoidable and for some time”.

But – “Obstacles are very large” – a source tells me. The most obstruction of the most obstruction? Cold hard cash, beyond the initial value tag for raw materials, to go to Scanthorpe for a few more weeks.

In the long term, blast furnaces are near the end of their life, the plant requires investment, large -scale investment, making it safe and for a proper future. The source of an industry told me that modern electric furnaces may have a value tag as much as £ 3Bn each, and scunthorpe may require two.

Energy costs are very high for new or existing furnaces. There is an acceptance in number 10 and number 11 that the cost of energy can be crippled for the industry. This may be another area where the government is eager to work.

The government has not yet shared, or has not yet worked, what can be the possible cost of taking the plant over the long term. A treasury source says that it must be within the current plans to spend it. And you do not have to remind me again how tight the number 11 is, money says, how tightly Chanhel Raves wants to stick to his spending rules.

And yet – if a large ticket is an effective nationalization political option, and it lasts for several billions? Let’s see.

Later, voting for MPs will not determine the entire future for British Steel. But it puts the government on a route to make some of its rhetoric in recent weeks, as a figure placed it – “Neolithicism is over.

But passing a law in a crowd is one thing. Political enthusiasm another. Sir Keir attracted from the left side of his party from the left side of his party to the left side of his party, which nationalized important industries. An expensive and complex adventure work was not to be part of the plan to preserve a struggling multi-affection pound industry.

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