The UK government is taking control of Chinese-owned British Steel after emergency legislation was rushed through Parliament in a single day. Business Secretary Jonathan Reynolds told MPs the government’s likely…
There was a moment where all they could do was wait. Government officials were holed up in a Premier Inn down the road from British Steel’s steelworks in Scunthorpe and…
The UK government has taken control of British Steel’s plant in Scunthorpe, Lincolnshire, after it was put at risk of imminent closure. MPs were called back to Parliament on Saturday…
US President Donald Trump’s administration has exempted smartphones, computers and some other electronic devices from “reciprocal” tariffs, including the 125% levies imposed on Chinese imports. In a notice, US Customs…
When his camera stopped working on his iPhone recently, New Yorker Richard Medina didn’t waste any time. With the threat of tariff-fuelled price hikes on smartphones bearing down, he quickly…
Well, well, well. In a US customs messaging note quietly slipped out in the early hours of Saturday, a series of numbers were listed as exempt from the 125% tariff…
The business secretary has refused to confirm if the government can get the sufficient raw material supplies in time to keep the blast furnaces at British Steel running, after it…
The world’s most popular gadgets – phones, laptops, tablets, smartwatches – could be about to get a lot more expensive in the US. Many of them are made in China,…
The talks to keep production going at the UK’s last virgin steel plant in Scunthorpe are yet to reach a resolution, the BBC has been told. British Steel has been…
The economic uncertainty caused by US President Donald Trump’s trade tariffs may mean UK interest rates fall further than expected. When the Bank of England held interest rates at 4.5%…