Reynolds signals move to private sector investment in British Steel

Rhiannon James, Press Association Parliamentary Editor Jonathan Reynolds has signalled a move towards private investment in British Steel, but said a degree of public control could be maintained. The new Business Secretary told the Financial Times it has “always been about bringing in a private-sector partner”, whilst

The former boss of Balfour Beatty, the infrastructure group, has been recruited by the government to join the board of the publicly owned British Steel.