WEATHER ALERT
China warns UK government to treat Chinese owners of British Steel fairly
Read full article: China warns UK government to treat Chinese owners of British Steel fairlyChina has warned the U.K. government to treat the Chinese owners of British Steel fairly or risk undermining investor confidence in the country after British authorities took control of the company.
UK will set 'high trust bar' for future Chinese investment after British Steel rescue, minister says
Read full article: UK will set 'high trust bar' for future Chinese investment after British Steel rescue, minister saysChinese companies will have to clear a โhigh trust barโ when investing in key sectors in the U.K., the countryโs business secretary said after he took effective control of Britainโs last remaining factory that makes steel from scratch from its Chinese owners.
UK government takes over day-to-day running of British Steel from Chinese owner Jingye
Read full article: UK government takes over day-to-day running of British Steel from Chinese owner JingyeU.K. lawmakers returned to Parliament from their Easter break to approve an emergency rescue of the countryโs last remaining factory that makes steel directly from scratch.
Sweeping Trump tariffs shock global economy, drawing threats and calls for talks
Read full article: Sweeping Trump tariffs shock global economy, drawing threats and calls for talksTariff hikes announced by U.S. President Donald Trump have provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer.
British Steel plans closure of plant after failing to agree package with UK government
Read full article: British Steel plans closure of plant after failing to agree package with UK governmentBritish Steel says it is planning to close its two blast furnaces and steelmaking operations in the north England town of Scunthorpe, after its Chinese owner Jingye failed to agree a rescue package with the U.K. government.
The UK will consult on sales targets for automakers during the transition to electric vehicles
Read full article: The UK will consult on sales targets for automakers during the transition to electric vehiclesBritainโs new Labour government will launch a consultation on sales targets set for auto manufacturers during the transition to electric vehicles.
UK's new Labour government unveils overhaul of workers' rights
Read full article: UK's new Labour government unveils overhaul of workers' rightsBritainโs new Labour government has unveiled a slew of new rights for workers, including more generous rules for sick pay and parental leave and major restrictions on certain precarious employment practices such as fire and rehire.