Published by Alexander Bueso on 13th April 2025
(Sharecast News) - The government has passed a bill that allows it to force companies to keep operations going at loss-making steel businesses in England. That or their executives will face criminal penalties. The bill was approved in what was just the sixth Saturday sitting of parliament since the second world war. The move was made necessary by the apparent breakdown of talks with British Steel's Chinese owners, which threatened to provoke the works' furnaces going out and the loss of thousands of jobs. - Guardian