'All options' on table regarding British Steel's future
Video Credit: ODN - Duration: 00:35s - Published
'All options' on table regarding British Steel's future
The chancellor Rachel Reeves has said 'all options remain on the table' for the future of British Steel’s Scunthorpe plant amid suggestions the UK could nationalise the company.
Report by Chahalb.
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Sizewell C nuclear power plant construction to cost £38bn as investors sign deal. Chancellor Rachel Reeves said the development would reduce the UK’s reliance on “foreign dictators” for energy. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves unveils proposals to reform the UK’s financial sector and boost the economy and retail investment. The chancellor was speaking at the annual Financial & Professional Services Dinner at Mansion House in the City of London on Tuesday. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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The business secretary has unveiled plans to crack down on late payments to ease the burden on small businesses. Jonathan Reynolds said the small business commissioner is to be given powers to fine large companies which continue to pay their suppliers late. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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The government are cracking down on late payments by cutting red tape for small businesses. Discussing the plans, Business Minister Gareth Thomas said: "We are determined to crack down on late payments. It costs £11bn to the UK economy every year. Potentially very significant fines if companies continue to make payments later in the day."
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A shadow minister has said the government's recognition of Palestine as an independent state is unlikely to happen. Keir Starmer said he would recognise the state if Hamas surrendered power. Shadow chancellor of Duchy of Lancaster Alex Burghart said: "Hamas is not about to lay down it's weapons and go quietly into the night. I just think this is nonsense really." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor has said she is “certain” there’s a “bright future” for the steel industry in Scunthorpe during her visit to the British Steel plant. Rachel Reeves confirmed talks with the..
Industry Minister Sarah Jones says the prime minister is “acting in the national interest” by recalling parliament on Saturday to create emergency legislation to grant government control of British..
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