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Ministers considering renationalizing British Steel if rescue plan fails
Move would be last-ditch attempt to save thousands of UK jobs amid standoff with company’s Chinese owners
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New job loss fears at Tata's Port Talbot steelworks as £500m deal 'edges closer'
Negotiations between Tata and the Government over taxpayer support for the plant are said to be progressing, with an announcement possibly due by the end of the week
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Tories under growing pressure to agree deal for Tata's Port Talbot steelworks
Labour has called on the Government to offer workers at the plant reassurance and "clarify what exactly their plan for UK steel is" as reports suggest an agreement is edging closer
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