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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UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called fo...
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Russian President Vladimir Putin reiterated Moscow’s readiness to continue peace negotiations with Ukraine during a telephone conversation with US P...
British Finance Minister Rachel Reeves said on Sunday that the decision to deploy additional Royal Air Force jets to the Middle East was primarily aimed at safeguarding UK personnel and military infrastructure, though support for allies, including Israel, remains on the table.
Britain’s King Charles will travel to Ottawa for the state opening of Parliament, highlighting continued ties with Canada, where he remains head of state.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
Five men have been arrested in the UK, including four Iranian nationals, over an alleged terrorist plot.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
At least seven people remain missing following a massive explosion at a fireworks warehouse in the town of Esparto, Northern California, according to a report by NBC News citing local officials.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
Chinese scientists have unveiled PlantGPT, the first large language model-based artificial intelligence designed specifically for plant functional genomics.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
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