UK considers nationalising British Steel
Starmer vows to do ‘everything we can to ensure there’s a bright future’ for steelmaker’s main site in Scunthorpe
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Rallies come as US Treasury secretary says he believes country can reach ‘some good deals’ with trading partners
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South Korea’s government has approved Tuesday 3 June as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his declaration of martial law.
The move comes after Yoon’s removal after the country’s constitutional court voted unanimously on Friday to uphold parliament’s decision to impeach him over his ill-fated declaration of martial law in December.
Reeves rejects calls for ‘buy British’ campaign in response to US tariffs
Chancellor says asking shoppers to prioritise UK products would make country too ‘inward-looking’
Rachel Reeves has declined to back calls for the UK government to launch a “buy British” campaign in response to Donald Trump’s tariffs, saying it would make Britain too “inward-looking”.
However, Downing Street said the Cabinet Office was examining procurement rules and said there were already policies in place to incentivise using the government’s purchasing power for British companies.
Revolut fined €3.5mn over money laundering control failures
Lithuanian watchdog hits fintech with biggest regulatory penalty for ‘violations and shortcomings’ in processes