UK MPs Pass Emergency Bill to Rescue Troubled British Steel

The UK Parliament passed an emergency bill to give ministers control over Jingye Group’s British Steel, as Keir Starmer’s Labour government fights to preserve Britain’s last virgin steelmaker.

The legislation was approved on Saturday by the House of Commons and the Lords after both chambers were recalled from their Easter recess. It hands Business Secretary Jonathan Reynolds extensive powers to direct British Steel’s staff and operations and order raw materials to keep production going in Scunthorpe, the site of the UK’s last remaining blast furnaces that make steel from primary materials.

Neither Jingye nor British Steel responded to ...