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The Latest Breaking News from Jonathan Reynolds

UK Govt Races Against Time To Keep Steel Furnaces Running

Britain's government on Monday raced to secure raw materials to keep the country's last steelmaking blast furnaces running after passing emergency legislation to take control of British Steel.

International Business Times

Monday briefing: British Steel is in crisis – is nationalisation the answer?

In today’s newsletter: Emergency powers aim to prevent the closure of British Steel’s Scunthorpe plant, safeguarding 2,000 jobs and Britain’s last two functioning blast furnaces – but what comes next?

The Guardian - UK

British Steel staff and civil servants race to keep Scunthorpe blast furnaces on

Officials from the Department for Business and Trade are already on site in Scunthorpe after the Government took over the running of British Steel.

The Independent UK

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Race to save British Steel factory after Chinese firm’s ‘sabotage’

Dozens of businesses have rallied to help British Steel with offers of managerial support and raw materials

The Independent UK

Business secretary refuses to say whether British Steel will get raw material before furnaces go out

Jonathan Reynolds has warned that crucial blast furnaces cannot be restarted once they go out

The Independent UK

More than a dozen businesses offer to help British Steel keep furnaces burning

If the blast furnaces at the Scunthorpe steelworks run out of raw materials, they can never be turned back on.

Evening Standard

Labour has done right by British Steel – now it must speed up a radical strategy for all industry

Taking control of the ailing company wasn’t an easy decision, but it makes sense. Hopefully the nationalisation phobia is passing, says Guardian columnist Polly Toynbee

The Guardian - UK

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UK will set 'high trust bar' for future Chinese investment after British Steel rescue, minister says

Chinese companies will have to clear a “high trust bar” when investing in key sectors in the U.K., the country’s business secretary said after he took effective control of Britain’s last remaining factory that makes steel from scratch from its Chinese owners

The Independent UK

UK Government 'expects to lose money' running British Steel, minister says

THE UK Government “expects to lose money” running British Steel, the Business Secretary has said.

The National (Scotland)

What happened with British Steel’s Chinese owners and why have the government now taken control?

Business secretary warns that – without action taken in parliament on Saturday – UK would have lost its ability to produce virgin steel

The Independent UK

British Steel to deploy emergency measures to save Scunthorpe furnaces

Firm in race against time to get key materials as business secretary says no guarantee it will get what it needs

The Guardian - UK

Business secretary would not bring Chinese companies into UK steel sector

Business secretary Jonathan Reynolds has said he would not feel comfortable allowing a Chinese business into the British steel industry.

The Independent UK

Reynolds unable to say British Steel will get raw materials in time

The Business Secretary faces a scramble to get enough raw materials to the Scunthorpe steelworks to stop the blast furnaces being turned off.

The Independent UK

Business secretary refuses to say whether there are enough supplies to keep British Steel furnaces running – as it happened

Jonathan Reynolds says allowing British Steel to collapse would have cost £1bn as public ownership looks increasingly likely

The Guardian - UK

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Evening Standard

Reynolds gives instructions to British Steel after MPs back emergency law

The move came after an extraordinary sitting of Parliament on Saturday.

The Guardian - UK

Emergency law passed to force loss-making steel companies to keep operating

Special powers granted to prevent the collapse of British Steel’s Scunthorpe works

The Independent UK

British Steel and the pragmatic case for public ownership

THE INDEPENDENT VIEW: Editorial: The government was right to take emergency action to prevent the closure of a strategic national industry

Evening Standard

Parliament approves emergency powers to take control of Scunthorpe steelworks

Emergency legislation giving the Government the power to instruct British Steel to keep the plant open passed both the Commons and Lords in one day.

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The Guardian - UK

The steel crisis has made the UK business secretary look like an innocent abroad

Who thought the Chinese government had anything but Britain’s interests at heart? Everyone but Jonathan Reynolds

The Independent UK

Voices: The big loser from the collapse of British Steel is Ed Miliband and his green utopianism

COMMENT: Labour came to power with a hugely ambitious plan to accelerate the drive to net zero – just as the country was turning against the costs involved, writes John Rentoul

Evening Standard

MPs approve Government bid to take control of Scunthorpe steelworks

The emergency legislation passed the Commons unopposed.

Evening Standard

Labour MP calls for ministers to act over Grangemouth as well as at Scunthorpe

Brian Leishman said there are ‘striking similarities’ between Scunthorpe, where the steel plant faces closure, and the refinery at Grangemouth.

The National (Scotland)

'Scotland is watching': Stephen Flynn presses Labour on Grangemouth nationalisation

SNP Westminster leader Stephen Flynn has questioned the UK Business Secretary on whether the UK Government would back the nationalisation of…

Evening Standard

MPs begin debating emergency law to save British Steel’s Scunthorpe plant

MPs returned to Westminster on Saturday after being recalled from recess to debate the emergency legislation intended to save the Scunthorpe plant.

The Guardian - UK

Parliament approves British Steel bill as sources say owners blocked from entering Scunthorpe plant – as it happened

The Steel Industry (Special Measures) has now passed through the House of Lords and is awaiting royal assent

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