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MPs to debate emergency legislation to keep British Steel open as 'security is on the line'

  • MPs are debating emergency legislation to prevent the closure of British Steel, which would leave the UK without primary steelmaking capacity, making it the only G7 country unable to produce steel from scratch.
  • Jingye Group claims it is losing £700,000 daily and rejected a £500 million government bailout proposed last month, which led to broke down negotiations.
  • Prime Minister Keir Starmer called an emergency session to approve a bill empowering Business Secretary Jonathan Reynolds to ensure the plant's operations and workforce stability.
  • The new bill gives Business Secretary Jonathan Reynolds authority to ensure workers are paid and order necessary raw materials for steel production.
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regionalmedianews.com broke the news in on Friday, April 11, 2025.
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