16 h. ago UK took control of British Steel before assessing costs to taxpayers, letters show

‘Ministerial direction’ raises questions over the price of saving country’s last two blast furnaces

Economics

16 h. ago UK took control of British Steel before assessing cost to taxpayers, letters show

‘Ministerial direction’ raises questions over the price of saving country’s last two blast furnaces

Economics

3 d. ago ‘Sigh of relief’ as British Steel shipments bring lifeline to industry on the brink

It comes after ministers used emergency powers to take control of British Steel after what was thought to be a Chinese plot to sabotage the plant

Politics

2 w. ago Crucial coal will be delivered to British Steel plant in Scunthorpe TODAY as ministers try to avoid full nationalisation

After stepping in to take control of British Steel over the weekend, the Government faced a race against time to get materials such as coking coal and iron ore to the site.

Politics

2 w. ago From Huawei to Heathrow, how the reach of China's tentacles spreads across UK infrastructure

As ministers scramble to regain control of British Steel amid suspicion its Chinese owner was ready to abandon its furnaces, scrutiny is mounting over Beijing's reach into the multiple areas of the UK.

Politics

2 w. ago Supplies to be sent to Scunthorpe steel plant to keep blast furnaces burning

The Government has taken control of British Steel and are facing a race against time to get material such as coking coal and iron ore to the site.

Events

2 w. ago Labour confident it can keep British Steel furnaces burning after taking control

British Steel is in a race to secure raw materials for its blast furnace and keep operations going

Events

2 w. ago Labour told to 'get on with it' as coal shipment needed to save Scunthorpe's furnaces still stuck on ship in dock 24 hours after Government took control of British Steel

Ministers were told to 'get on with it' after it emerged the 55,000-ton delivery from Japan, which arrived at a port in Lincolnshire on Thursday, had not yet been paid for (pictured, Scunthorpe Steelworks).

Politics

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

Comments follow emergency measures to bring British Steel under government control

Politics

2 w. ago Chinese investors in UK face ‘high trust bar’, minister agrees

Comments follow emergency measures to bring British Steel under government control

Politics

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. ago British Steel latest: Chinese executives who ‘tried to access’ plant blocked by workers as MPs back government plan

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

Politics

2 w. 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

2 w. ago Labour MP calls for Grangemouth action amid British Steel control plan

“The PM recognises the strategic importance of Scunthorpe steel, he really should do the same for Grangemouth oil.”

Politics

2 w. 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

2 w. ago MPs debate emergency law to take control of British Steel after Chinese owners’ ‘excessive’ demands – live

No 10 has published a draft law that would give the business secretary the power to direct the companyIt’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 necessary, so ...

Society

2 w. ago MPs debating emergency law to take control of British Steel – live

No 10 has published a draft law that would give the business secretary the power to direct the companyIt’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 necessary, so ...

Society