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Government aims to take control of British Steel

CHINA - Parliament has been recalled for a rare Saturday sitting, to pass an emergency law aimed at saving British Steel's Scunthorpe plant from imminent closure. Sir Keir Starmer said the legislation would allow ministers to "take control" ...

Times of Suriname

of the Lincolnshire site and stop its Chinese owner from closing its blast furnaces. The move opens the door to a full nationalisation of the company at a later stage, with the prime minister saying "all options" remained on the table. Talks have been taking place this week to keep production going at the firm, after owners Jingye said its blast furnaces were "no longer financially sustainable".

MPs and peers are currently on their Easter break and were not due to return until 22 April, but both are now going back to Westminster for the hastily convened sitting. Parliament sat on both Saturday and Sunday on the outbreak of World War Two in 1939. And there have been only five occasions since then when it sat on a Saturday, showing the importance the government is placing on the law.

Speaking at Downing Street on Friday, Sir Keir said the government wanted to pass the legislation in a single day, adding the future of the company "hangs in the balance". He said steelmaking was "essential for our future" and that he would always "act in the national interest to protect British jobs and British workers". "Jobs, investment, growth, our economic and national security are all on the line," the prime minister said. (BBC)

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Government aims to take control of British Steel