Category: Steel industry

Government moves to nationalise Speciality Steel UK to protect 1,300 jobs

Firm, once part of Sanjeev Gupta’s empire, fell into administration last year but has failed to find buyerBusiness news – live updatesOne of Britain’s steelworks is to come into public ownership after the government said it...

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‘Just worry upon worry’: Europe faces a bleak winter as supply shock pushes factories to the brink

From Shropshire to Hamburg, depleting reserves and spiralling costs are spawning a continent-wide energy crisisBridgnorth Aluminium has faced down Brexit, Covid and repeated energy shocks in recent years. But this winter is...

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Russia says it could hit UK military targets over supply of missile technology to Ukraine – UK politics live

Kremlin threatens British targets inside and outside Ukraine and says UK and France bear ‘direct responsibility’ for Ukrainian strikes on Russia Speaking on the media round this morning, the work and pensions secretary, Pat...

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McFadden hails ‘inspiring’ jobs programme for young people as number of Neets drops – UK politics live

Work and pensions secretary says jobs guarantee scheme is restoring confidence as ONS reports that number of young people not in work or training has fallen below a millionHello, and welcome to our UK politics blog. It’s all...

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Sadiq Khan given seat in Lords, as Starmer creates 26 new peers days before he leaves No 10 – UK politics live

Downing Street sources suggested Khan’s elevation comes as part of a regular honours list, rather than being linked specifically to Starmer’s departureCouples could legally marry in forests, on beaches, at sea or in their...

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UK to halve tariff-free steel imports to counter glut of cheap Chinese metal

Duty on imports outside new quota will double in move echoing similar changes in EU limitsBusiness live – latest updatesThe UK government will halve the amount of tariff-free steel imports allowed in an attempt to counter a...

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