Ministers have 'no credible plan' to turn round British Steel - as Labour's flagship nationalisation racks up losses of more than £500 million

Daily Mail - Sep 17, 2026

In a damning report, the Commons public accounts committee said the government was 'unable to articulate' a business plan for the troubled firm, which was nationalised more than a year ago.

Read full article
More News
Sir Alex Ferguson unveils his Spotify playlist as huge charity donation revealed
Sir Alex Ferguson unveils his Spotify playlist as huge charity donation revealed
'A song can be so powerful in connecting us with memories'
Sep 17, 2026See more
Australian cop stood down after allegedly assaulting his baby could face three years behind bars
Australian cop stood down after allegedly assaulting his baby could face three years behind bars
Nickolas Wayne Peake, 30, pleaded guilty to one count of aggravated assault when he appeared in Perth's Midland Magistrates Court on Thursday.
Sep 17, 2026See more
Devastating nickname fed-up Minneapolis locals have given to America's wokest prosecutor revealed, after she spent $500k of taxpayer cash on bodyguards
Devastating nickname fed-up Minneapolis locals have given to America's wokest prosecutor revealed, after she spent $500k of taxpayer cash on bodyguards
Hennepin County Attorney Mary Moriarty, 62, was handed the nickname on social media following numerous reports of accused criminals, including alleged murderers, being set free.
Sep 17, 2026See more
British mother kidnapped by gunmen in Malawi is freed in daring rescue
British mother kidnapped by gunmen in Malawi is freed in daring rescue
Nusrat Osman, 47, from Leicester, was abducted in the Mount Pleasant area of Blantyre last Friday.
Sep 17, 2026See more
JOSEPH DINNAGE: He'll hate me saying this. But, as Britain's economy nears the eye of the storm, Burnham is displaying Liz Truss levels of denial
JOSEPH DINNAGE: He'll hate me saying this. But, as Britain's economy nears the eye of the storm, Burnham is displaying Liz Truss levels of denial
And who do we have to steer us to safety? Andy Burnham. I hope you brought trunks.
Sep 17, 2026See more
'I didn't kill her': Ex-lover of mum found dead on a beach breaks his silence about the sinister whispers about him - as he reveals she had earlier escaped an alleged kidnapper
'I didn't kill her': Ex-lover of mum found dead on a beach breaks his silence about the sinister whispers about him - as he reveals she had earlier escaped an alleged kidnapper
Payge Leembruggen, 31, was found dead in the sand dunes near North Wall beach in Mackay around 8am Tuesday, when her body was spotted by a dog walker.
Sep 17, 2026See more
Concerns about crumbling wall of rental property which crushed 77-year-old grandmother to death were raised eight years before the tragedy, coroner finds
Concerns about crumbling wall of rental property which crushed 77-year-old grandmother to death were raised eight years before the tragedy, coroner finds
Clarice Berry died from chest injuries after the 3,800kg gable wall of her rental property in Wigan fell and buried her alive on July 18 2021.
Sep 17, 2026See more
Every tourist's worst nightmare is seen for the first time after allegedly trying to MURDER Australian man minding his own business while enjoying meal at NYC McDonald's
Every tourist's worst nightmare is seen for the first time after allegedly trying to MURDER Australian man minding his own business while enjoying meal at NYC McDonald's
Juan Mercedes, 25, was indicted on attempted murder for allegedly stabbing an Australian teenager on vacation in New York City while eating a meal in McDonald's.
Sep 17, 2026See more
Anthony Albanese's government announces sweeping changes to migration: Who stays and who goes
Anthony Albanese's government announces sweeping changes to migration: Who stays and who goes
The Albanese government is unveiling sweeping changes to Australia's migration system in a major speech by Immigration Minister Tony Burke, titled 'Who arrives, who stays, who leaves'.
Sep 17, 2026See more
You can't catch me! Moment mischievous cat causes chaos at vets
You can't catch me! Moment mischievous cat causes chaos at vets
CCTV footage captures the moment two veterinarians open the cage in a small clinic room in Guangdong, China, only for the white feline to suddenly make a break for freedom.
Sep 17, 2026See more
Gun-toting Democrat's jaw-dropping boast about illegal migrants detonates in deep red state
Gun-toting Democrat's jaw-dropping boast about illegal migrants detonates in deep red state
Arkansas Democratic Senate candidate Hallie Shoffner voiced her support for illegal immigrant farm workers, arguing that farmers actually prefer them to American workers.
Sep 17, 2026See more
The truth about teen lifeguard's fatal shark attack 18 months on - as her dad speaks out: 'It killed her instantly'
The truth about teen lifeguard's fatal shark attack 18 months on - as her dad speaks out: 'It killed her instantly'
Harrowing details have emerged about Charlize Zmuda's death after she was attacked by a shark at a Bridie Island beach.
Sep 17, 2026See more
Golden retriever 'guard dog' filmed trying to PLAY with intruder who broke into his home
Golden retriever 'guard dog' filmed trying to PLAY with intruder who broke into his home
In a video that seems like straight out of a cartoon, a kind-spirited golden retriever named Nash can be seen trying to play with a burglar who just broke into...
Sep 17, 2026See more
Putin could be planning to bomb Britain and other countries supporting Ukraine, Polish prime minister warns
Putin could be planning to bomb Britain and other countries supporting Ukraine, Polish prime minister warns
Donald Tusk issued a chilling warning after the country was forced to close its airspace, scramble fighter jets and close airports due to the Kremlin's latest assault.
Sep 17, 2026See more
Schoolboy left with serious brain damage after bully battered him to a pulp for bumping into him in hallway, parents claim
Schoolboy left with serious brain damage after bully battered him to a pulp for bumping into him in hallway, parents claim
Irvin E Rodriguez Gaitan, 18, was walking down a hallway when another Meadowbrook High student struck him.
Sep 17, 2026See more
The HSE is owed 200million euro by private insurers... and consultants not signing forms in time is the number one reason that the health executive has written off a staggering amount in unpaid claims prompting calls for 'a radical overhaul' of its sys...
The HSE is owed 200million euro by private insurers... and consultants not signing forms in time is the number one reason that the health executive has written off a staggering amount in unpaid claims prompting calls for 'a radical overhaul' of its sys...
The HSE is writing off millions of euro in insurance claims because they are not being processed on time, with €200million outstanding for treatment of private patients.
Sep 17, 2026See more
Clarks award-winning trainers in four colours are designed to help 'walk for longer'
Clarks award-winning trainers in four colours are designed to help 'walk for longer'
Named the 'Best Cushioned Walking Shoe' by Women's Health in 2026, the Clarks trainers are designed to help you walk for longer
Sep 17, 2026See more
'Historic moment' for Number 10 North as first international leader visits Andy Burnham in Manchester
'Historic moment' for Number 10 North as first international leader visits Andy Burnham in Manchester
'We are the closest of friends, and I look forward to further strengthening that friendship'
Sep 17, 2026See more
Lovers are flogged 100 times each for adultery with girlfriend begging for mercy then collapsing in pain during brutal Sharia caning in Indonesia
Lovers are flogged 100 times each for adultery with girlfriend begging for mercy then collapsing in pain during brutal Sharia caning in Indonesia
A couple was flogged 100 times each for adultery under an Indonesian province's strict Sharia laws.
Sep 17, 2026See more
Mr Net Zero to have the final say on drilling for oil in the Falklands
Mr Net Zero to have the final say on drilling for oil in the Falklands
The Net Zero champion, who moved from energy secretary to Foreign Secretary under Andy Burnham, is responsible for granting and renewing licences.
Sep 17, 2026See more
Beloved sports coach, 42, survived terrible car crash and relieved family thought she was in clear... then an unimaginable tragedy struck months later
Beloved sports coach, 42, survived terrible car crash and relieved family thought she was in clear... then an unimaginable tragedy struck months later
Emily McNamara, the assistant women's hockey coach at Vermont's Middlebury College, suffered critical injuries in a car crash during an ice storm in March.
Sep 17, 2026See more
Man who survived 50ft well fall reunites with firefighter who saved him
Man who survived 50ft well fall reunites with firefighter who saved him
He spent over two hours in freezing water before being rescued
Sep 17, 2026See more
Google ordered to overhaul global ad empire after judge finds it abused illegal monopoly
Google ordered to overhaul global ad empire after judge finds it abused illegal monopoly
The judge said the remedies she laid out would be 'sufficient to effectively pry open to competition the ad tech markets that were injured by Google's unlawful conduct.'
Sep 17, 2026See more
Outcry as cause of death for teen who vanished during trip to 'Sex Rock' is revealed
Outcry as cause of death for teen who vanished during trip to 'Sex Rock' is revealed
Marly Kinney's body was found in Grayson Lake in Carter County, Kentucky on June 28, three days after she vanished off a boat she had rented along with ten friends...
Sep 17, 2026See more
Which midterm races should YOU be watching? Enter your zip code in Daily Mail's exclusive election calculator
Which midterm races should YOU be watching? Enter your zip code in Daily Mail's exclusive election calculator
As the battle for control of Congress kicks into full gear, the Daily Mail is here to help you track the hottest races nationwide with our new midterm elections calculator.
Sep 17, 2026See more
Ed Sheeran's cousin launches fresh attack on star as he brands him a 'coward' and says he is 'not a good person' amid pro-Palestine tour row
Ed Sheeran's cousin launches fresh attack on star as he brands him a 'coward' and says he is 'not a good person' amid pro-Palestine tour row
Jethro Sheeran, who is nine years older and has been locked in a bitter feud with Sheeran in the past, responded to the row by saying he was 'ashamed' of...
Sep 17, 2026See more
Tiny Maine village badly spooked after group of 700 Christian men hold CHANTING festival
Tiny Maine village badly spooked after group of 700 Christian men hold CHANTING festival
The religious group cleared unauthorized paths in the woods, according to locals. They deny the claim. (Stock image)
Sep 17, 2026See more
Seattle property prices slump by $100K in a MONTH as city grapples with progressive agenda
Seattle property prices slump by $100K in a MONTH as city grapples with progressive agenda
Seattle home prices fell by 100,000 in July, real estate experts believe it's from a hefty series of tech lay-offs and the millionaires' tax introduced to the city earlier
Sep 17, 2026See more
Andy Burnham is branded 'continuity Starmer' after leak shows he's trotting out same ideas
Andy Burnham is branded 'continuity Starmer' after leak shows he's trotting out same ideas
The Prime Minister has utilised many of the ideas drawn up in a 50-page bundle of presentations, strategy ideas and policy submissions designed to keep Sir Keir in power.
Sep 17, 2026See more
Trump's chilling Kennedy Center warning rushed to judge as court filing exposes photo on Air Force One
Trump's chilling Kennedy Center warning rushed to judge as court filing exposes photo on Air Force One
Trump's plans for the John F. Kennedy Center have been the subject of fierce litigation for months. Now, critics fear he may be trying to demolish the building.
Sep 17, 2026See more
San Francisco's female fire chief called underling a 'drama queen' after he complained of being attacked with WRENCH... now he's won a huge payout
San Francisco's female fire chief called underling a 'drama queen' after he complained of being attacked with WRENCH... now he's won a huge payout
A veteran San Francisco firefighter has been approved for a $6 million settlement after filing a lawsuit following an aggressive wrench attack.
Sep 17, 2026See more
Shameless Knicks rioter offers disgracefully entitled excuse for destroying NYC taxi
Shameless Knicks rioter offers disgracefully entitled excuse for destroying NYC taxi
Saul Vargas, 21, was photographed jumping on a taxi and breaking the window on June 11 following the Knicks win during Game 4 of the NBA playoffs.
Sep 17, 2026See more
Doctor, 32, who texted 'Love being a pedo' and 'Love other pedophiles, so hot' learns fate for trying to sexually abuse a baby
Doctor, 32, who texted 'Love being a pedo' and 'Love other pedophiles, so hot' learns fate for trying to sexually abuse a baby
Lincoln Erickson, 32, of Farmington Hills pleaded guilty to receiving child pornography after an investigation uncovered a string of horrific messages, leading to the arrest of him and three other...
Sep 17, 2026See more
Nurse's skin melted onto supermarket rotisserie display while she tried to pick up rotisserie chicken, $1 million lawsuit alleges
Nurse's skin melted onto supermarket rotisserie display while she tried to pick up rotisserie chicken, $1 million lawsuit alleges
An Oregon woman has filed a $1M lawsuit against Fred Meyer supermarket after a chunk of her skin was melted off while buying a rotisserie chicken.
Sep 17, 2026See more
Idiot man in Hawaiian shirt seen enjoying the breeze as he rides OUTSIDE Philadelphia train traveling at high speed
Idiot man in Hawaiian shirt seen enjoying the breeze as he rides OUTSIDE Philadelphia train traveling at high speed
Horrifying video displayed a man riding the outside of the Philadelphian transit while the train was in motion.
Sep 17, 2026See more
Moment man drives on wrong side and towards oncoming traffic during chase
Moment man drives on wrong side and towards oncoming traffic during chase
Duran Arnet sped through the streets in an attempt to dodge police
Sep 17, 2026See more
Major missing investigation LIVE updates as search for Lillia, 13, from Bolton continues and heartbroken mum appears on camera
Major missing investigation LIVE updates as search for Lillia, 13, from Bolton continues and heartbroken mum appears on camera
An urgent appeal has again been issued
Sep 17, 2026See more
Pentagon insiders unleash on Pete Hegseth's 'meddling' wife: Whistleblowers reveal her humiliating nickname among staff... how she keeps husband on 'extremely tight leash'... and eyebrow-raising behavior in government meetings
Pentagon insiders unleash on Pete Hegseth's 'meddling' wife: Whistleblowers reveal her humiliating nickname among staff... how she keeps husband on 'extremely tight leash'... and eyebrow-raising behavior in government meetings
As whistleblowers issue an 'urgent SOS' over an embattled Hegseth turning the Defense Department into his own personal fiefdom, the Pentagon's so-called first lady is also in the firing line.
Sep 17, 2026See more
Shocking secrets of inbred North Carolina political dynasty laid bare as Democrat heir runs for Congress
Shocking secrets of inbred North Carolina political dynasty laid bare as Democrat heir runs for Congress
The latest member of a North Carolina political dynasty has decided to throw his hat in the ring for a seat in the US Congress.
Sep 17, 2026See more
Recommended
About Us

NextNewTech is a fresh online media collaboration, aimed at bringing you not only the latest tech and gadget news, but how it’s going to change our lives in the near future.

News
Copyright © 2015 - 2026 Next New Tech. All Rights Reserved.
Terms | Privacy Policy | Advertise | Contact