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By: City AM reporter

All 644 Articles
  • Reeves to hold talks with US as Trump says ‘no rush’ to strike deals

    April 18, 2025

    Rachel Reeves has said she will hold talks with the White House next week amid efforts to strike a UK-US trade deal, despite Donald Trump downplaying the likelihood of any imminent agreements. Britain hopes a deal can help soften the brunt of the US president’s sweeping 10 per cent tariffs on all goods imported to [...]

  • 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 [...]

  • WH Smith shareholders eye growth plans after sale of high street stores

    April 13, 2025

    Investors in WH Smith will be keen for more details on its strategy after agreeing to sell its UK high street stores and the potential impact of US tariffs when the retail firm updates the market next week. It has been a busy start to 2025 for the historic retailer as it has pivoted 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 [...]

  • MPs approve bid to take control of Scunthorpe steelworks

    April 12, 2025

    MPs have approved plans to save British Steel’s Scunthorpe blast furnaces after an extraordinary sitting of the Commons on Saturday. Emergency legislation giving the government the power to instruct British Steel to keep the plant open passed the Commons unopposed. It will now be debated by the Lords as the Government attempts to get the [...]

  • 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 [...]

  • MPs begin debating emergency law to save British Steel

    April 12, 2025

    The Business Secretary accused British Steel’s Chinese owners of attempting to “unilaterally” close down its Scunthorpe blast furnaces as MPs began debating emergency legislation to save the plant. Jonathan Reynolds told MPs that developments over recent days had made Saturday’s extraordinary sitting of Parliament necessary as Jingye rejected the Government’s offer of support and took [...]

  • US envoy suggests Ukraine can be partitioned

    April 12, 2025

    Ukraine could be partitioned like Berlin after the Second World War, Donald Trump’s envoy to Kyiv has suggested as Russia continues to hold out on accepting a truce. General Keith Kellogg appeared to suggest the country could be split into zones of control, with British and French troops as part of a “reassurance force” in [...]

  • MPs face choice on British Steel as ministers aim to ‘take back control’

    April 12, 2025

    MPs face a choice between “taking back control” of British Steel or seeing the end of primary steelmaking in the UK, the industry minister said ahead of a debate on emergency legislation. Both the Commons and the Lords will break from Easter recess for a highly unusual Saturday sitting to debate a bill aimed at [...]

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