Following reports last week that Tata Steel intend to sell all their interests in UK Steel, YouGov have conducted research on nationalisation measures.
The Port Talbot plant, which employs 4,100 people is said to be losing £1 million a day after a rise in imports of cheap Chinese steel contributed to losses in the business. Critics have blamed ministers for opposing a European Commission proposal to allow higher tariffs on cheap imported steal, however they say the tariffs would damage other sectors like the car industry.
David Cameron and Sajid Javid have said nationalisation is “not the answer”, but new YouGov research reveals fully 62% of British people support nationalising the steel plant in South Wales. Only 17% oppose and 21% are unsure.