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A report in Plymouth Live says the UK government will keep the insolvent British Steel running until a suitable owner is found, but they do not intend to nationalise the business. The official receiver for British Steel said “good progress” had been made in finding new ownership to save the business. There are about 80 potential buyers, with at least 60 having signed non-disclosure agreements in preparation for a bid. In support current customers are increasing orders to help the firm stay attractive. But there is a time restriction on how long the government will wait – read that here.

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