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The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its ...
The U.K. Parliament authorized the government to seize control of the Chinese-owned British Steel plant in Scunthorpe to ...
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.
Chinese companies will have to clear a “high trust bar” when investing in key sectors in the U.K., the country's business ...
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Business Secretary Jonathan Reynolds said Jingye was determined to close the Scunthorpe steel works, risking thousands of ...
Sir Keir Starmer revels in the industrial nostalgia. The prime minister calls Britain’s steelworks a part of the “heritage of ...
Britain will pass emergency laws on Saturday to keep British Steel's blast furnaces open, aiming to save the country's ...
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U.K. lawmakers are returning to Parliament from their Easter break to approve an emergency rescue of the country’s last ...