'All options' on table regarding British Steel's future
Video Credit: ODN - Duration: 00:35s - Published
'All options' on table regarding British Steel's future
The chancellor Rachel Reeves has said 'all options remain on the table' for the future of British Steel’s Scunthorpe plant amid suggestions the UK could nationalise the company.
Report by Chahalb.
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Rachel Reeves defends Britain’s new agreement with the European Union. Addressing MPs in the House of Commons, the chancellor said the government’s new deal will help make food cheaper, slash red tape, open up access the EU market and add nearly £9bn to the UK economy by 2040. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves says a new post-Brexit deal with the EU marks a "really big day", praising it as a move to boost jobs, cut prices, and strengthen defence ties. The agreement, finalised ahead of a major EU summit, has reportedly been approved by the bloc’s ambassadors and follows intense last-minute talks. Report by Covellm. 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 says Chinese firms should have no role in UK infrastructure after ministers took control of British Steel. The government acted over the weekend amid fears its Chinese owner planned to shut Scunthorpe’s furnaces. Farage said China is “not a friend of ours” and warned the UK must “find alternatives” even if it means less investment. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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. 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 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
Nigel Farage has backed calls for the nationalisation of the British steel industry as the government races to keep the furnaces burning. The Reform UK leader referred to British Steel’s Chinese owner Jingye as "bad faith actors" and said the steel plant should be taken over by a private business.
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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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The Prime Minister visited a Lidl in north London on Tuesday afternoon as he sought to promote the impact of his trade deal with the EU. Speaking to broadcasters, Sir Keir Starmer said: ''We are in Lidl because the deal that we struck yesterday will mean lower prices in our supermarkets.'' Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Senior government ministers depart Number Ten following Sir Keir Starmer chaired his first Cabinet meeting since the government agreed new arrangements with the European Union on Monday. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow foreign secretary Priti Patel urges the government to provide details on the new deal with the European Union and to face scrutiny in the House of Commons. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor has said she is “certain” there’s a “bright future” for the steel industry in Scunthorpe during her visit to the British Steel plant. Rachel Reeves confirmed talks with the..
Industry Minister Sarah Jones says the prime minister is “acting in the national interest” by recalling parliament on Saturday to create emergency legislation to grant government control of British..
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