6 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

7 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

7 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

7 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

7 h. ago Parliament approves British Steel bill as sources say owners blocked from entering Scunthorpe plant – live

The Steel Industry (Special Measures) has now passed through the House of Lords and is awaiting royal assentIt’s been a busy morning for Sarah Jones, who is now on BBC Breakfast.Asked whether the government had received any private offers for the company’s Scunthorpe plant, Sarah Jones said:There is not at the moment, to answer your question, a private company that is there willing to invest at this point.When we came into government, there was a deal on the table with Tata Steel in Port Talbot.We negotiated in 10 weeks a much better deal, but there was a private company willing to invest, who are now investing.We are hoping that the company will co-operate with what we are asking them to do, we hope that we will give them a notice and they will continue.If they do not, we will step in. Now the company will be liable for any costs that we incur, and we will seek to get that money back.We have the £2.5 billion fund for steel which we had in our manifesto, that we will use if necessar...

Politics

10 h. ago Moment MPs back move to take control of British Steel in emergency debate

MPs have backed the government’s plans to take control of British Steel’s Scunthorpe plant in a rare weekend emergency debate in parliament on Saturday, 12 April.

Politics

11 h. ago MPs approve Government bid to take control of Scunthorpe steelworks

The emergency legislation passed the Commons unopposed.

Politics

11 h. ago British Steel latest: MPs back move to take control of Scunthorpe plant in emergency debate

Sir Keir Starmer’s emergency bill to save Scunthorpe steelworks plant from closure approved by Commons

Politics

14 h. ago UK Parliament meets in emergency Saturday session to approve rescue of British Steel

U.K. lawmakers are returning to Parliament from their Easter break to approve an emergency rescue of the country’s last remaining factory that makes steel directly from raw materials

Events

17 h. ago MPs and Lords head to parliament as PM aims to pass emergency law today to save British Steel – live

MPs to debate emergency law that will give the business secretary the power to direct the companyBlast furnaces have been making steel in Britain for 300 years, ever since they helped start the Industrial Revolution. This weekend, parliament will sit for the first Saturday in decades as it tries to keep the last two furnaces running for a bit longer.Keir Starmer has recalled MPs to discuss emergency powers to direct steel companies, including British Steel’s Scunthorpe steelworks, to “preserve capability and ensure public safety”. The move would be short of nationalisation, but it would give the government more influence on the steel industry than at any point since Margaret Thatcher. Continue reading...

Politics

17 h. ago MPs to vote on whether to grant government control of British Steel and save Scunthorpe plant

Emergency legislation paving the way for nationalisation will go before Parliament

Politics

7 d. ago Sierra Leone declared an emergency over a powerful synthetic drug but women were left behind

A year ago, Sierra Leone's government declared a public health emergency over the cheap synthetic drug called kush

Events

7 d. ago First lawsuit against Trump’s tariffs argues he illegally used emergency powers

‘These unlawfully implemented tariffs cause harm to American businesses, American jobs, and American consumers,’ says Florida entrepreneur who filed suit

Politics

8 d. ago FTSE suffers biggest daily drop since early in the pandemic as Wall Street slides again – business live

Global trade war escalates as Beijing hits back against Donald Trump with new tariffs on US goodsChina retaliates to Trump’s ‘bullying practice’ with 34% tariffs on US importsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right ...

Economics

8 d. ago Stock markets plunge as China announces retaliatory 34% tariffs on US goods – business live

Global trade war escalate as Beijing hits back against Donald Trump with new tariffs on US goodsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideGlobal markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to contro...

Economics

8 d. ago FTSE 100 hits lowest level since January as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcementGlobal markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to control tariffs, and upset the Constitution’s ...

Events

1 week ago RICHARD LITTLEJOHN: If Net Zero nutjob Ed Miliband gets his way, will the last factory worker in Britain turn off the lights...

The Government is considering using emergency powers to renationalise British Steel and save the Scunthorpe works from closure.

Culture

3 w. ago German parliament's upper house gives final approval to huge defense and borrowing package

The prospective next German government’s plans to enable higher defense spending by loosening strict debt rules and to set up a huge infrastructure fund that’s aimed at boosting Europe’s biggest economy have cleared their final parliamentary hurdle with approval by the upper house

Politics

4 w. ago ‘Germany is back’: Merz secures Greens support for defence spend boost

Chancellor-in-waiting put forward proposal to relax debt brake and backing of Greens is tantamount to getting deal throughGermany’s conservative chancellor-in-waiting, Friedrich Merz, has said he has secured the support of the Green party for his radical plan to increase spending on defence and infrastructure after marathon talks that went through the night, paving the way for its approval in parliament.“Germany is back,” Merz said in Berlin on Friday. “Germany is making its large contribution to the defence of freedom and peace in Europe.” Continue reading...

Politics