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Chancellor Rachel Reeves predicted a "bright future" for steelmaking in Scunthorpe when she visited the town on Thursday. She ...
A spokesperson for the embassy said individual UK politicians have shown ‘arrogance, ignorance and twisted mindset’.
Yet the government has leapt into a sector that has been in decline for five decades, and looks ever less competitive, ...
The Liberal Democrats said the Government must rule out any future Chinese ownership of British Steel. Sarah Jones, the ...
But the government’s hasty decision to take back control of the Scunthorpe plant, owned by Jingye since 2020, offers a snapshot of how countries like Britain are navigating an economically uncertain ...
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 ...
Jonathan Reynolds, speaking to reporters in Scunthorpe, said that nationalisation was the "likely option at this stage".
Sky's Thomas Moore reports on the urgent effort to supply critical materials and keep the plant running.
But the Business Secretary added that the dispute over the North Lincolnshire site was because of ‘one specific company’.
Nationalising British Steel would have significant financial implications for UK taxpayers, both in the short and long term.
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.
The U.K. government says that it has bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating ...