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Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend, the cause was not a war or terror attack – but the ...
The UK government has taken control of British Steel's plant in Scunthorpe, Lincolnshire, to prevent it from closing.
The deputy PM says "nothing is off the table" and would like to see private investment at the Scunthorpe plant.
Strong supply chains are vital in this complex manufacturing process – and British Steel faced a perfect storm of problems.
Turning off the furnaces would be a "complex, costly nightmare the government wants to avoid", Sky News science correspondent Thomas Moore says.
Jonathan Reynolds, speaking to reporters in Scunthorpe, said that nationalisation was the "likely option at this stage".
How far is Labour willing to go to prop up Britain’s struggling industries? And will it be enough to see off the Farage ...
This bill allows the business secretary to direct the board and staff of British Steel, as work can start soon.
Britain was edging closer to China, but a dispute at a Chinese-owned steel company in the U.K. may prompt a rethink.
Meanwhile, China is warning the UK against “politicising” British Steel, according to reports from AFP, in the midst of criticisms over Chinese ownership by business secretary Jonathan Reynolds.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
China has warned the U.K. government to treat the Chinese owners of British Steel fairly or risk undermining investor ...