News

The Scunthorpe plant employs 2,700 people and is the last site in the UK that can produce virgin steel - a high-grade product ...
Britain took back control of the steelmaker from a Chinese firm. But don’t expect a massive rethink of the China-addicted U.K ...
The China Investment Company (CIC), a state-owned investment firm with global assets worth around £1.1 trillion, has a 10 per ...
This bill allows the business secretary to direct the board and staff of British Steel, as work can start soon.
London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.
The recall came after negotiations with British Steel’s Chinese owners, Jingye, appeared to break down. The company has ...
Though the legislation does not transfer ownership of the plant to the state, Reynolds conceded it was a future possibility. It’s unclear what role Jingye, owner of British Steel since 2020 ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Emergency legislation has ordered the British Steel plant to stay open (Picture: Peter Byrne/PA Wire) Now, the Business Secretary Jonathan Reynolds has been quizzed over the future of the steel plant.