WEATHER ALERT
UK government takes over day-to-day running of British Steel from Chinese owner Jingye
Read full article: UK government takes over day-to-day running of British Steel from Chinese owner JingyeU.K. lawmakers returned to Parliament from their Easter break to approve an emergency rescue of the country’s last remaining factory that makes steel directly from scratch.
UK government recalls Parliament for emergency legislation to save British Steel
Read full article: UK government recalls Parliament for emergency legislation to save British SteelU.K. lawmakers are being recalled this weekend to back emergency legislation aimed at saving the last plant in the country that makes steel from raw materials.
British Steel plans closure of plant after failing to agree package with UK government
Read full article: British Steel plans closure of plant after failing to agree package with UK governmentBritish Steel says it is planning to close its two blast furnaces and steelmaking operations in the north England town of Scunthorpe, after its Chinese owner Jingye failed to agree a rescue package with the U.K. government.