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Why is British Steel in trouble, who owns it and what will the government do?

Source: BBC

Jennifer MeierhansBusiness reporterGetty ImagesThe UK government is poised to take control of a major British Steel plant in Scunthorpe, which is at risk of imminent closure.MPs have been called back from their Easter break to pass an emergency law which would keep the Chinese-owned site operating.What is British Steel and how many people work there?British Steel's plant in Scunthorpe, Lincolnshire, employs 2,700…

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