Regulators may be cut down as government guns for growth

Reynolds hails steel lifeline but warns on jobs

Jonathan Reynolds says he is “delighted” vital raw materials have arrived to keep the blast furnaces operating at British Steel’s plant in Scunthorpe. Speaking at nearby Immingham Port, the business secretary also hinted at concerns over future Chinese involvement in the steelworks following a clear ‘difference of opinion’ with its previous owners. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Politicians react to prison officer attack

Business Secretary Jonathan Reynolds and Shadow Business Secretary Andrew Griffith share their concern after Manchester Arena bomb plotter Hashem Abedi attacked prison officers with boiling oil and improvised weapons at HMP Frankland. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Business Secretary defends steel takeover

Business Secretary Jonathan Reynolds says public ownership of British Steel is now a likely option, as the government works to secure the industry's future and attract private investment. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Minister clashes with Badenoch over steel deal claim

Business Secretary Jonathan Reynolds says the Conservative leader is wrong to say she had negotiated a modernisation plan with British Steel for electric arc furnaces at Teesside and Scunthorpe. Ms Badenoch posted on X on Friday saying as business secretary in the last Conservative government she had negotiated the proposal, but it was "bungled" by Labour. After intervening, Ms Badenoch says: "Labour cannot negotiate. We were negotiating a modernisation deal that would have had limited job losses, just like we had in Port Talbot”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Business secretary opens ‘exceptional’ Steel industry debate

Opening the second reading of the Steel Industry (Special Measures) Bill, Business Secretary Jonathan Reynolds says: "We meet under exceptional circumstances, to take exceptional action, in what are exceptional times”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn