The UK government has taken control of British Steel’s Scunthorpe plant in a bid to save the country’s last major steelmaking site.
The U.K. government has effectively taken control of Britain’s last remaining factory that produces steel from scratch, seizing it from its Chinese owners following an emergency rescue approved by lawmakers.
British Steel’s Chinese parent company, Jingye Group, had warned that the Scunthorpe plant was losing £700,000 a day due to tough market conditions and rising environmental costs.
Prime Minister Keir Starmer convened lawmakers for a rare emergency session — only the sixth since World War II — to pass legislation aimed at preventing Jingye from shutting down the plant’s two blast furnaces, which are crucial to steel production.
The bill, which became law after receiving royal assent from King Charles III, grants Business Secretary Jonathan Reynolds the authority to direct the company’s board and workforce, guarantee wages for its 3,000 employees, and secure raw materials to keep the blast furnaces operating.
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Saudi Crown Prince Mohammed bin Salman has assured Iranian President Masoud Pezeshkian that Riyadh will not permit its airspace or territory to be use...
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sh...
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Russia expelled a British diplomat it accused of being an undeclared intelligence operative, a claim dismissed by London as “malicious and baseless”, with the UK saying it was weighing its response on Thursday.
Britain’s government has launched a TikTok account featuring footage of raids on migrants suspected of working illegally, as part of an effort to persuade voters and potential arrivals that it is getting to grips with immigration.
The United Kingdom has launched Project Nightfall, a fast-track programme to develop new long-range ballistic missiles for Ukraine, aiming to help Kyiv strike targets deep behind Russian lines.
Train services through the Channel Tunnel were suspended for much of Tuesday after a power supply failure, causing long delays and leaving thousands stranded during peak New Year holiday travel.
Iran’s Foreign Ministry has strongly rejected a U.S. magazine report on the death toll during January unrest. Nationwide protests erupted in response to soaring inflation and a national currency crisis.
The death toll from nationwide protests in Iran has climbed to 6,126, according to the U.S.-based Human Rights Activists News Agency (HRANA).
Serbian President Aleksandar Vučić, often viewed as a bellwether for the complex diplomatic currents between the Kremlin and the West, has issued a startling prediction regarding the endgame of the war in Ukraine.
The strategic axis between Israel and Azerbaijan has been significantly reinforced this week as President Ilham Aliyev received Israeli Foreign Minister Gideon Sa'ar in Baku.
NATO Secretary General Mark Rutte said on Monday that Europe is "incapable" of defending itself alone without the United States, dismissing calls for a separate European defence force and stressing that transatlantic cooperation remains essential for the continent’s security.
Three Dutch parties have agreed to form a minority coalition that will install D66 leader Rob Jetten as the country’s youngest prime minister.
Storm Chandra brought severe flooding and widespread disruption to parts of Ireland and Northern Ireland on Tuesday, as strong winds and heavy rain swept across the island.
Nigeria’s army says troops have rescued 11 kidnap victims during a late-night operation on the Kaduna–Abuja highway after tracking militants moving captives through forested terrain.
The European Parliament has delayed until next week a decision on whether to resume work on the EU–U.S. trade deal.
U.S. President Donald Trump has warned that Washington would withdraw its support for Iraq if former prime minister Nouri al-Maliki is returned to power, citing concerns over governance, stability and regional influence.
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