trade secretary raises prospect of state owning fairness stake with potential buyer of steel trade but fails to clarify what the term ‘co-investing meansSajid Javid has indicated that the government is ready to section-nationalise Tata Steel’s UK trade in order to save thousands of jobs. The trade secretary told the Commons that the government is looking at the possibility of “co-investing” on commercial terms with a buyer of Tata’s UK trade.
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Source: theguardian.com