Why did the government take control of British Steel?
An emergency law has handed control of the UK’s only remaining plant making virgin steel to the government.
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Chris Mason: As British Steel law rushed through Parliament, officials waited in hotel
For all of Saturday’s drama, the government’s intervention so far is just a stop gap, writes our political editor.
Chris Mason: British Steel law rushed through Parliament but it is just a stop gap
For all of Saturday’s drama, the government’s intervention so far is just a stop gap, writes our political editor.
Trump exempts smartphones and computers from new tariffs
The move comes after concerns that tech prices could skyrocket, as many gadgets are made in China.
UK takes control of British Steel under emergency powers
Business Secretary Jonathan Reynolds says nationalisation is “likely” next step as Parliament rushes law through.
Rachel Reeves calls for global free trade fightback to protect UK economy
New measures announced to help tariff-hit British firms amid ambitious plans to foster closer ties with EU
The chancellor, Rachel Reeves, has set out the case for far-reaching changes to global trade and economic agreements, admitting that Donald Trump’s tariffs will have a “profound” effect on the UK and world economies that require a strong international response.
In her first significant intervention since the US president caused chaos on the global financial markets by announcing huge levies on imports to the US, Reeves says in a column for the Observer that she is “under no illusion about the difficulties that lie ahead”.