UK lawmakers approve rescue of British Steel in emergency parliamentary session
UK Parliament convened an emergency session. They passed a law to prevent the closure of British Steel's Scunthorpe plant. The government can now direct the company and secure jobs. Jingye Group cited financial losses and tariffs. Prime Minister Keir Starmer met with steelworkers. The plant is vital for UK steel production. The government may consider future state ownership.
UK Parliament convened an emergency session. They passed a law to prevent the closure of British Steel's Scunthorpe plant. The government can now direct the company and secure jobs. Jingye Group cited financial losses and tariffs. Prime Minister Keir Starmer met with steelworkers. The plant is vital for UK steel production. The government may consider future state ownership.
