Page 94, the Private Eye podcast. Hello and welcome to another episode of page 94. My name's Andrew Hunter-Murray,

and I'm here in the Private Eye offices with Helen Lewis, Adam McQueen and Richard Brooks. We are here to

discuss the news. Let's get into it. I thought I'm experimenting with a shorter introduction.

Okay, good. We're all just a bit abrupt. We're all having a lovely little sleep.

Oh, hello.

We're on.

Yes.

So we're going to be talking about a little bit of media stuff later on.

We're going to be talking about something American later on.

But as Richard is here, and as a special guest, we thought we'd start off by asking you, Richard, about British steel.

You are our man of steel. Uh-huh. Yeah. So this is about British steel,

which is the last big steel works in the UK making what's called Virgin Steel, which is box-fresh,

brand-new steel, which is a very strong and useful variety for pretty much anything you want to make.

If you want to make a ship or a skyscraper or a

washing machine, steel is really the thing to do it from. And British steel has been owned by a

Chinese firm for the last six odd years, was on the absolute brink of going bust until the

government stepped in a week or two ago now and snapped it up because if they hadn't done it would have stopped

completely well they haven't quite snapped it up yet okay um they've sort of told it to sort of snap

to attention and uh they've enacted some legislation where they can essentially tell

british still what to do okay uh so they're going in and say you must keep running your blast furnaces and all the rest of it,

and you must buy some, all the ingredients you need.

Is it still owned technically by Jing Ye, the Chinese firm?

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