'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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Martin Lewis said the government's decision to U-turn the winter fuel payment is a "huge relief" for pensioners. Rachel Reeves confirmed on Monday that pensioners earning less than £35k will be eligible to claim winter fuel payments this coming winter.
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Shadow housing secretary Kevin Hollinrake has expressed concern about the UK housing crisis worsening due to potential spending cuts. It comes as Rachel Reeves prepares to announce the government's spending plans until the next election.
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Winter fuel payments will extend to everyone over the state pension age with an income of or below £35,000 a year, Chancellor Rachel Reeves has announced. Sky News
Rachel Reeves will turn around the economy the way Steve Jobs turned around Apple, a cabinet minister has suggested ahead of the upcoming spending review. Sky News
Chancellor Rachel Reeves is set to announce how much cash each government department gets over the next few years at the spending review on 11 June. Sky News
The Chinese owner of British Steel has hired a leading City law firm to explore the recovery of hundreds of millions of pounds it invested in the.. Sky News
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
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
King Charles received a huge applause as he arrived at Lancaster Castle on Monday. His Majesty met with local business representatives and attended a reception with a wide range of community organisations during the visit.
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Nigel Farage has praised the government's decision to reverse the winter fuel payment cut. Pensioners with an annual income of £35,000 or less will have their winter fuel payments restored this winter, it has been announced, as the government laid out details of their u-turn following weeks of speculation. Speaking in a speech delivered on Monday, the Reform UK leader said it was a "considerable step in the right direction". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Pensioners with an annual income of £35,000 or less will have their winter fuel payments restored this winter, it has been announced, as the government laid out details of their u-turn following weeks of speculation.
The government says the move will see nine million people receive the payments, compared to the 1.5 million people who got winter fuel payments last winter after the cut.
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ITV News Science Correspondent Martin Stew was the only journalist on board the RRS Sir David Attenborough, deep within the Antarctic Circle. He joined Climate scientist Professor Mike Meredith who is studying how underwater tidal waves — triggered by collapses on that scale — alter the ocean and accelerate warming.
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