British Steel

New UK steel tariffs have been implemented, but the industry expresses dissatisfaction. British Steel's Scunthorpe operation, which includes one of two active blast furnaces, is highlighted in the context of these tariffs.

China’s Jingye Steel is seeking over £1bn in compensation from the UK government via a bilateral investment treaty, following the UK’s nationalisation of British Steel’s Scunthorpe steelworks. The dispute could strain UK-China relations.

Miliband is accused of ruining British steel by a critic associated with the Millennium Dome. The criticism highlights concerns over the impact on the steel industry.

Chinese steelmaker Jingye Group's 2020 acquisition of British Steel for £70 million is facing political challenges as the UK government introduces a nationalization bill. The deal, intended to provide Jingye a foothold in Western markets while potentially bypassing tariffs, has become mired in political dispute.

Experts advise against paying Chinese investors for British Steel, citing concerns over the potential deal. The warning comes as the future of British Steel remains uncertain. Experts emphasize the importance of protecting British interests.

Keir Starmer is accused of shifting to the left with plans to nationalize British Steel and impose tourist taxes. The plans also involve cosying up to the EU. This shift has raised concerns among some groups.

Keir Starmer plans to nationalize British Steel, marking a new chapter in the Scunthorpe plant's history. The plan aims to bring the steel plant under full state ownership. This move is expected to be announced in an upcoming speech.

The British government has pledged to introduce legislation to renationalise British Steel's blast furnaces after failing to reach an agreement with its Chinese owner. This move is aimed at securing the future of the steel industry in the UK. The government's decision comes amid concerns over the industry's viability and job security.

The British Steel site in Scunthorpe is on a path toward full nationalization. This move may impact workers at the site. The nationalization is led by Starmer.

Keir Starmer vows to prove doubters wrong in a make-or-break leadership speech, making policy pledges including a new deal with the EU and nationalising British Steel. He warns of very dangerous opponents and says he will fight any leadership challenge. Starmer aims to provide a guaranteed offer of job training or work placement for young people.

The international community is working to stop the spread of hantavirus, while UK politics faces a tumultuous week with Labour leadership rivals positioning themselves and Nigel Farage facing scrutiny. Meanwhile, business and health news include the potential nationalisation of British Steel and calls for a four-day workweek. The US has rejected an Iranian peace proposal, sparking concerns about the conflict.

The British government is expected to announce the full nationalisation of British Steel in the King's speech, a year after taking over the daily running of the loss-making business from its Chinese owner. The steelmaker employs 3,500 people at its plant in Scunthorpe. Nationalisation is likely to safeguard Britain's last blast furnaces and save thousands of jobs.

Sev.en Global Investments, a Czech energy group owned by billionaire Pavel Tykač, is proposing a combined bid for British Steel and Speciality Steel UK to create Britain’s largest steelmaker. The company plans to invest £100m in its Cardiff electric arc steelworks and potentially hundreds of millions more in the UK under its 7 Steel brand.