Member

with “means”. It is a subtle difference, but one that would restrict the public interest test strictly to the listed criteria. As it stands, the public interest test is very widely defined. Amendment 14 would prevent Ministers from expanding the definition of public interest at will by ensuring that the trigger for nationalisation is clearly defined and bounded in law. A vague public interest test increases risk and makes the UK less attractive to investors, especially in capital-intensive sectors such as steel. The amendment would limit the Bill’s chaotic, unplanned intervention with no set limits, which risks creating an open-ended chequebook for state control.