Government prepares to take over UK's third-largest steelworks

Government prepares to take control of UK's third-largest steelworks, SSUK, owned by Liberty Steel, to protect 1,500 jobs and save the business. The steelworks in South Yorkshire has faced financial troubles due to unpaid debts and uncertainty about its future. Plans to take over the company come after the government seized control of British Steel earlier this year, signaling potential industry changes and the need for intervention to prevent closures.