2 h. ago Chinese investors in UK face ‘high trust bar’, minister says

Comments follow emergency measures to bring British Steel under government control

Politics

3 h. ago Chinese investors in UK face ‘high trust bar’, minister agrees

Comments follow emergency measures to bring British Steel under government control

Politics

3 h. ago What happened with British Steel’s Chinese owners and why have the government now taken control?

Business secretary warns that – without action taken in parliament on Saturday – UK would have lost its ability to produce virgin steel

Politics

3 h. ago Why did the UK rush to save British Steel and what happens next?

The government now has the tricky task of running a costly and complex industrial operation

Politics

3 h. ago Race against time to save British Steel plant as minister refuses to make guarantee

Business Secretary Jonathan Reynolds refused to guarantee vital raw materials will arrive on time to save the British Steel plant in Scunthorpe, which employs around 2,700 people

Politics

4 h. ago Full nationalisation of British Steel now 'likely' says Business Secretary, as he warns China faces 'high trust bar' to get involved in UK firms

Jonathan Reynolds admitted that while his 'preference' is to find a commercial partner to run the industry, the state could well have to take responsibility.

Events

4 h. ago Business secretary would not bring Chinese companies into UK steel sector

Business secretary Jonathan Reynolds has said he would not feel comfortable allowing a Chinese business into the British steel industry.

Politics

4 h. ago Reynolds unable to say British Steel will get raw materials in time

The Business Secretary faces a scramble to get enough raw materials to the Scunthorpe steelworks to stop the blast furnaces being turned off.

Politics

6 h. ago Keir Starmer 'saved British Steel to stave off Reform challenge in Labour heartlands'

The government used a rare Saturday sitting of Parliament yesterday to push through emergency legislation effectively taking control of the industry.

Politics

13 h. ago Royal Navy on alert to escort essential fuel cargo to Scunthorpe after MPs vote to seize control of British Steel from Chinese owners

The Royal Navy could be deployed to deliver an essential fuel shipment to Scunthorpe's blast furnaces after MPs voted to seize control of British Steel from Chinese owners.

Politics

15 h. ago Scotland must be resilient in the face of global shocks, says Swinney

The First Minister has suggested the UK Government should drop the recently announced increase in employers’ national insurance contributions.

Events

17 h. ago MPs scramble back from holidays for historic vote to save British steel

The extraordinary Saturday sitting to save British Steel's Scunthorpe plant from closing required the new law to clear both houses unopposed and receive royal approval before nightfall,

Politics

18 h. ago Reynolds gives instructions to British Steel after MPs back emergency law

The move came after an extraordinary sitting of Parliament on Saturday.

Politics

19 h. ago British Steel closed North East site after rent hike threat from Richard Tice's company

Richard Tice has called for the government to save British Steel but the former boss of the firm is a director of Quidnet REIT, which bought the firm's site in Darlington in 2022

Events

20 h. ago British Steel shut North East site after Richard Tice's firm threatened rent hike

In recent days the Boston and Skegness MP has vocally called for the government to nationalise British Steel and save the firm's plant in Scunthorpe

Events

20 h. ago Parliament approves British Steel bill to take control of Scunthorpe steelworks

Ministers had taken the unusual step of recalling Parliament from its Easter recess to sit on Saturday after negotiations with British Steel's Chinese owners, Jingye, appeared to break down.

Politics

21 h. ago Emergency bill to 'save' British Steel that could nationalise Scunthorpe furnace clears Parliament

The Steel Industry (Special Measures) Bill has cleared the House of Lords and will become law once it receives royal assent.

Politics

21 h. ago Bill to save British Steel plant becomes law after king’s approval

Emergency legislation giving government power to instruct British Steel to keep plant open passed unopposedBusiness secretary says British Steel owners Jingye wanted ‘excessive amount’ – videoProposals to save British Steel’s Scunthorpe blast furnaces have been granted royal assent after an extraordinary parliament sitting on Saturday.Emergency legislation giving the government the power to instruct British Steel to keep the plant open passed the Commons and Lords in a single day unopposed. Continue reading...

Economics

21 h. ago British Steel latest: Parliament approves bill to save plant after workers block Chinese executives from site

MPs and Lords vote in favour of Starmer's plan to take control of British Steel after Chinese owners wanted hundreds of millions

Economics

21 h. ago Parliament approves emergency powers to take control of Scunthorpe steelworks

Emergency legislation giving the Government the power to instruct British Steel to keep the plant open passed both the Commons and Lords in one day.

Politics