Why the UK can’t get a grip of its energy crisis April 14, 2025 A months-long cost-of-living crisis, state bailouts of consumer energy bills, endless planning rows, judicial interventions and now the near-collapse of Britain’s only manufacturer of virgin steel all show different sides to the UK’s ongoing energy crisis. Its dependency on foreign imports, poor planning of infrastructure and lack of control over soaring bills means the extent [...]
British Steel: No 10 won’t rule out future Chinese involvement in steel making April 14, 2025 No 10 has declined to rule out future Chinese involvement in steel making, amid a race to keep the British Steel furnaces alight in Scunthorpe. The UK government has now said it is “confident” it will beat a race against time to keep the site running after taking control of the plant from Chinese owners [...]
Former Tory MP among 15 facing charges related to election gambling April 14, 2025 Former Tory MP Craig Williams is one of 15 people who have been charged after bets were placed on the timing of the 2024 general election, the Gambling Commission has revealed. Williams was among a number of people linked to the Conservative Party reported to have made bets on the election date, which was called [...]
British Steel: No10 ‘confident’ it will secure materials to keep plant running April 14, 2025 The UK government is confident it will beat a race against time to keep the British Steel furnaces running after taking control of the plant from Chinese owners Jingye this weekend. Civil servants and steel workers were rushing to secure the raw materials to keep the Scunthorpe site’s furnaces going – which supply Network Rail [...]
Government’s privacy dispute with Apple ‘really strange’, expert says April 14, 2025 The government’s position in its privacy and encryption row with Apple is “really strange” and “doesn’t make sense”, an expert has said. Earlier this year, it was reported that the government had issued a notice under the Investigatory Powers Act 2016, asking Apple for the ability to access data from Apple users. This was said [...]
Reynolds fails to confirm British Steel will get raw materials required April 13, 2025 The business secretary has declined to guarantee that British Steel will be able to secure enough raw materials in time to keep the Scunthorpe blast furnaces going. Jonathan Reynolds said he would not “make my situation or the nation’s situation more difficult” by commenting on specific commercial details, the day after taking emergency powers to [...]
Reynolds issues guidance to British Steel after MPs back emergency law April 13, 2025 The business secretary Jonathan Reynolds has issued instructions to British Steel, using the emergency powers approved by Parliament on Saturday to save the Scunthorpe blast furnaces. A government source confirmed that Reynolds had given directions to the company following the extraordinary sitting of Parliament. But they declined to give details of those instructions, saying they [...]
Labour MP calls for action over Grangemouth oil refinery April 12, 2025 A Labour MP has urged the UK Government to intervene to help the Grangemouth oil refinery remain open, saying there are “striking similarities” between the plant there and the Scunthorpe steel plant. Brian Leishman said he hoped the UK Government would nationalise British Steel and take the plant at Scunthorpe “under Government control” – but [...]
British Steel: Why are MPs having an emergency session? April 12, 2025 Westminster had begun to wind down gently on Friday afternoon. Parliament had concluded its formal business on Tuesday in advance of Easter. The news therefore came as jolt that the Speaker, Sir Lindsay Hoyle, had agreed to a request from the government to recall the House of Commons to sit from 11.00 am on Saturday; [...]
Trump, tariffs and GDP: How do you forecast uncertainty? April 12, 2025 The Office for Budget Responsibility (OBR), one of the UK’s central forecasters, prepared itself for President Trump’s tariff war – or at least partially. At a presentation after Chancellor Reeves’ Spring Statement, OBR chair Richard Hughes admitted the fiscal watchdog’s central forecast risked being completely undermined by global events. Hughes came up with three possible [...]