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The Latest Breaking News from British Steel

Liberty Steel’s South Yorkshire operations lost £340m in four years

Exclusive: court documents lay bare crisis at Sanjeev Gupta’s steelworks as it struggles to find buyers in face of looming liquidation

The Guardian - UK

Ministers said to be considering bill to wipe out British Steel’s debts

Chinese owner owed almost £1bn as government weighs up how best to attract buyer for Scunthorpe works

The Guardian - UK

Continuing to seek Chinese investment in the UK comes at a heavy political price

One major consequence of the UK government’s resistance to rejoining the European single market is that it is forced to go around the world seeking trade deals and investment.

The Conversation

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Liberty Steel has not produced anything at two key plants since July 2024

Lack of work at Rotherham and Motherwell sites highlights financial crisis at UK’s third-biggest steel producer

The Guardian - UK

Revealed: How much the US-UK trade deal will save UK economy from Trump tariffs

Exclusive: The UK’s new trade deal could cut the economic damage from US tariffs in half

The Independent UK

Potential role for Chinese firm in key UK windfarm attracts government scrutiny

Exclusive: Decision on whether to work with turbine maker being overseen by ministers after British Steel rescue

The Guardian - UK

US-UK trade deal imposes conditions on ownership of British steel plants

Trump administration understood to have pushed for requirements to be attached to deal in effort to freeze out Chinese steel

The Guardian - UK

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UK and US secure trade deal with changes for auto and agricultural goods

Donald Trump and Keir Starmer emphasised the strong relationship between their two countries, bonded by shared values, culture and a common language.

Euronews

British Steel to hire more staff weeks after government rescue

Open roles include engineers and manufacturing operators as firm prepares to ramp up production

The Guardian - UK

British Steel to hire more workers for first time after government intervention

Ministers used emergency powers to take control of British Steel and continue production at the site

The Independent UK

British Steel begins recruitment drive for first time since Government rescue

The firm is seeking 180 new employees.

Evening Standard

Almost £100 million spent on British Steel nationalisation so far, minister says

Jonathan Reynolds said the £94 million spent on the Scunthorpe site is ‘considerably less’ than allowing its collapse.

Evening Standard

Ed Balls and Richard Tice clash as Reform MP fails to answer question 12 times

Former shadow chancellor Ed Balls and Reform UK MP Richard Tice clashed on Good Morning Britain on Wednesday (30 April), after the latter failed repeatedly to give a cost estimate for nationalising British Steel.

The Independent UK

Labour MSPs vote against giving Grangemouth and Scunthorpe equal support

SCOTTISH Labour MSPs have rejected proposals to give Grangemouth oil refinery equal protections to Scunthorpe's British Steel works ...

The National (Scotland)

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The National (Scotland)

'Absolutely dreadful': Local representatives react to Grangemouth refinery's last day

LOCAL representatives have called the last day of crude oil production at the Grangemouth oil refinery an “absolutely dreadful day” for Scotland…

The National (Scotland)

John Swinney to call on UK to back Scottish industry in STUC Congress address

JOHN Swinney will call on the UK Government to fully support Scottish industry when he addresses the STUC Congress.

Evening Standard

Support for UK industry ‘cannot stop at the border’ – Swinney

Mr Swinney will address the Scottish Trades Union Congress (STUC) Annual Congress on Monday.

The Guardian - UK

Coal delivery arrives to keep Scunthorpe steel plant working for months

Government hails safeguarding of jobs as 55,000-tonne load and other imminent supplies mean blast furnaces have fuel

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The Independent UK

Fuel for blast furnaces and iron ore supplies arrive at British Steel

55,000 tonnes of blast furnace coke have arrived in the UK to fuel the furnaces, and shipments of iron ore are soon to arrive.

The Independent UK

‘Sigh of relief’ as British Steel shipments bring lifeline to industry on the brink

It comes after ministers used emergency powers to take control of British Steel after what was thought to be a Chinese plot to sabotage the plant

The Guardian - UK

British Steel halts redundancy plans after government rescue

Union welcomes announcement company is closing consultation on laying off up to 2,700 Scunthorpe workers

The Independent UK

British Steel halts plans for thousands of job losses after government intervention

Chinese firm Jingye proposed to close Scunthorpe's two blast furnaces last month

Evening Standard

British Steel halts redundancy plans after Government rescue

In March, British Steel’s Chinese owners announced plans to shut down its Scunthorpe furnaces and cut jobs.

Evening Standard

Reform on course to win most seats if election were held now, poll suggests

Labour could lose 246 seats, including 10 Cabinet ministers, according to a More in Common survey.

The Guardian - UK

British Steel must now join the modern economy, not be a prisoner of the old

Lack of investment and vision has dogged UK industry, while China has literally forged ahead

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People

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the Chinese Communist Party