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The U.K. government says that it has bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating ...
Strong supply chains are vital in this complex manufacturing process – and British Steel faced a perfect storm of problems.
Britain was edging closer to China, but a dispute at a Chinese-owned steel company in the U.K. may prompt a rethink.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Nationalising British Steel would have significant financial implications for UK taxpayers, both in the short and long term.
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".
This bill allows the business secretary to direct the board and staff of British Steel, as work can start soon.
The UK government has taken control of British Steel's plant in Scunthorpe, Lincolnshire, to prevent it from closing. Ministers say they have secured the raw materials needed to keep the plant's blast ...
Britain expressed confidence on Monday that it could secure enough raw materials to keep the blast furnaces burning at its ...
Unions said earlier this month that British Steel's owner, Chinese company Jingye, decided to cancel future orders for the ...
Business secretary warns that – without action taken in parliament on Saturday – UK would have lost its ability to produce ...
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