Public steel producer facing UK government moves to take full ownership of British Steel in Scunthorpe amid UK-India FTAs and steel-sector pressures.
Public ownership has been extended to Britain’s Scunthorpe steelworks as Parliament passes the Steel Industry (Nationalisation) Bill, with ministers arguing the move protects jobs, security of supply, and national infrastructure. The measure allows transfer of shares or assets into state control to stabilise the business and promote a decarbonised steel sector.
A UK court has found a Border Force officer and a Hong Kong trade official guilty of assisting a foreign intelligence service by spying on Hong Kong pro‑democracy figures and others in Britain. The nine‑week trial, which has marked a rare conviction for Chinese espionage on British soil, will lead to sentencing for the two men in due course.
The UK-India Free Trade Agreement will enter into force on July 15, delivering immediate tariff cuts and a boost to exporters and consumers. Ministers say the deal will improve GDP, wages and bilateral trade in the long run, with firms urged to register to access tariff relief.