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McDonnell: 'Short term nationalisation' needed for steel industry

The Shadow Chancellor, John McDonnell, has suggested that the Government could have a stake in Port Talbot in the future - even if a buyer is found for the steelworks.

Speaking to Andrew Marr, Mr McDonnell said ministers need to talk to Tata to get a realistic timetable to find a buyer - but if one cannot be found, the business should be nationalised as a fallback in the short term.

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9 minutes