British Steel needs nationalising by the summer – Scunthorpe MP

David HendersonScotland news correspondent PA Media The UK government and Ineos are to invest a combined £150m in the plant The UK government is to invest £120m in a support package for the Grangemouth industrial complex. Owners Ineos will contribute £30m to the joint investment deal. The site, the UK’s last ethylene plant, employs about…

The government said England would receive £27m of the funding, which would be be “targeted” to help low-income households in rural communities, and be distributed by local authorities via the Crisis and Resilience Fund (CRF), which comes into effect from 1 April.

“I know that the last few years have been tough for people, but the measures that I took, all fully costed and fully funded in the budget, should start to ease those cost of living pressures that people have been living with for too long,” she told me.