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.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments....
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption contin...
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Record rainfall in Japan’s Chiba Prefecture has killed four people and left thousands stranded overnight at Tokyo’s Narita Airport, as torrential rain disrupted rail, bus and texi services across the prefracture and left more than 20,000 households without power.
The Democratic Republic of the Congo’s (DRC) Ebola outbreak has spread to a sixth province. A man died of the virus in Bas-Uélé in the north, the African Union’s health agency said.
At least 437 civilians were killed and 2,610 injured in Ukraine last month, according to UN investigators, marking the highest monthly civilian casualty toll since March 2022.
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