Jonathan Reynolds says he is “delighted” vital raw materials have arrived to keep the blast furnaces operating at British Steel’s plant in Scunthorpe.
Speaking at nearby Immingham Port, the business secretary also hinted at concerns over future Chinese involvement in the steelworks following a clear ‘difference of opinion’ with its previous owners.
Report by Covellm.
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The government is "not ruling out" another Chinese partner for British Steel, the industry minister has said, putting her at odds with Business Secretary.. Sky News
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Business Secretary Jonathan Reynolds says public ownership of British Steel is now a likely option, as the government works to secure the industry's future and attract private investment. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Business Secretary Jonathan Reynolds says the Conservative leader is wrong to say she had negotiated a modernisation plan with British Steel for electric arc furnaces at Teesside and Scunthorpe. Ms Badenoch posted on X on Friday saying as business secretary in the last Conservative government she had negotiated the proposal, but it was "bungled" by Labour. After intervening, Ms Badenoch says: "Labour cannot negotiate. We were negotiating a modernisation deal that would have had limited job losses, just like we had in Port Talbot”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Raw materials secured by the Government have arrived in the UK to keep British Steel blast furnaces burning after a race to save the company’s Scunthorpe plant. Ministers have taken control of the firm to ensure supplies such as coking coal and iron ore reach the site after talks with its Chinese owner, Jingye, broke down. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The raw materials needed to keep the blast furnaces running at British Steel's Scunthorpe plant will be delivered to the site today, the government has.. Sky News
The leader of the Liberal Democrats said the party has given the government their "full backing" to ensure a steel industry remains in the UK. It comes as British Steel staff and civil servants are racing to avert the permanent shutdown of Britain's last primary steelmaking plant. Sir Ed Davey condemned President Trump's tariffs and said it's "essential that we can have steel made in the UK". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Industry minister Sarah Jones says the government would prefer to find a private sector partner to manage the steelworks in Scunthorpe – but refuses to rule out the involvement of another Chinese firm. Speaking on the day a shipment of raw supplies is due to arrive at the plant, Jones also defended the government’s support package, saying the £2.5 billion fund will help ensure the site’s future and avoid even higher costs from closure and job losses. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Deputy Prime Minister Angela Rayner confirmed that the government has secured the raw materials needed to keep Scunthorpe steel plant going. It comes as the government stepped in over the weekend to take it over from Chinese company Jingye after it threatened to shut down one of the furnaces today. "We've got the raw materials, they've been paid for and we're confident that the furnaces will continue to fire," Ms Rayner said. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Nigel Farage has claimed Reform UK is now the main challenger to Labour in the Midlands, North, Wales and Scotland, pushing the Conservatives into third place. In a campaign speech, he said voters felt betrayed by the Tories over Brexit and immigration, adding that backing the Conservatives in red wall areas would be a “wasted vote.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Europe's steelworkers are furious. They are afraid for their jobs. Is there still a future for Europe's heavy industry? Yes, says the European Commission - and presents a rescue plan.
Credit: euronews (in English) Duration: 08:00Published