Government considers nationalising British Steel

Government considers nationalising British Steel The government is considering nationalising British Steel as fears grow among ministers that the company’s blast furnaces in Scunthorpe could run out of raw materials within days. Chancellor Rachel Reeves has sought to reassure workers at the Lincolnshire plant that the government would consider nationalisation if necessary. Reeves spoke to… Continue reading Government considers nationalising British Steel

Globalisation era has ended, says Treasury minister

Globalisation era has ended, says Treasury minister Chief Secretary to the Treasury Darren Jones has described the era of globalisation as “ended”, following Donald Trump’s new tariffs. It comes after Prime Minister Sir Keir Starmer suggested in a Sunday Telegraph article he was about to announce state intervention to protect UK firms from the US… Continue reading Globalisation era has ended, says Treasury minister

No 10 rejects Lammy suggestion of US protectionism

No 10 rejects Lammy suggestion of US protectionism 1 hour ago Becky Morton Political reporter EPA Downing Street has rejected suggestions by the foreign secretary that the latest wave of US tariffs marks the return of a new era of “protectionism”. Earlier David Lammy said the British people would be “very concerned” about the impact… Continue reading No 10 rejects Lammy suggestion of US protectionism

Labour promises ‘change’ at local election launch

Labour promises ‘change’ at local election launch 46 minutes ago Becky Morton Political reporter PA Media Prime Minister Sir Keir Starmer has urged the public to “vote for change in your community”, as he launched Labour’s local election campaign for England. The elections on 1 May are the party’s first major test at the ballot… Continue reading Labour promises ‘change’ at local election launch

UK to keep pushing for deal after Trump imposes 10% tariff

UK to keep pushing for deal after Trump imposes 10% tariff The government will keep pushing for a deal to avoid a “trade war” after US President Donald Trump imposed new tariffs globally, the UK business secretary has said. Trump announced fresh levies on goods coming into his country including 10% on all UK imports… Continue reading UK to keep pushing for deal after Trump imposes 10% tariff

Trade war should not be UK’s first response to tariffs – PM

Trade war should not be UK’s first response to tariffs – PM The UK’s first response to US tariffs should not be to jump into a trade war, Prime Minister Keir Starmer has said, as the government braces itself for the announcement of widespread taxes on imports. US President Donald Trump will set out his… Continue reading Trade war should not be UK’s first response to tariffs – PM

Starmer and Trump discuss ‘productive negotiations’ on economic deal

Starmer and Trump discuss ‘productive negotiations’ on economic deal Sir Keir Starmer and Donald Trump have agreed “productive negotiations” about an economic deal between the UK and US will “continue at pace”, Downing Street has said, ahead of a looming deadline on US tariffs. The Sunday night phone call between the pair comes after sources… Continue reading Starmer and Trump discuss ‘productive negotiations’ on economic deal