Keir Starmer: Nationalisation of British Steel was the logical thing to do in terms of British National Security

 

The nationalisation of a strategic resources was the logical thing to do. Moreover, the company was requirinig state subsidies to operate to the point that Chinese owners were about to shut down furnaces. In esence, this means that Chinese owners thought that the company was not commercially viable.

Once furnaces could be shut down, British Steel would be dead in the water. So Keir Starmer did was rational to keep British Steel alive without having to provide subsides to private investors.

Steel plays a major role in infrastrure and in the defense industry. Instead of importing steel, Britain can produce its own. It will be costly, but it makes sense because it make Britain less dependent in times when, at any given time in the near future, Britain could go to war.

The new Prime Minister Andy Burnham has stated that he wants to re-industrialise Britain, so it makes sense to nationalise steel that is a major component for both civilian and military endeavours.

Transport is a major issue when it comes to uniting the country and when it comes to National Security. Andy Burnham has indicated his intention to bring back all railway transport into public ownership. Something remains to be said about fast railway transport that is still in private ownership and about project that were abandoned by Rishi Sunak "due to escalating costs". Such costs are directly related to private contractors. The state might decide to continue the project employing public resources instead of private contractors, thus controlling costs directly.