British Steel latest updates: Parliament sits for emergency session as Starmer says ‘national security’ on the line

The situation in scuntrorpe differs from the Steelworks in Port Talbot because there was a private company willing to invest in the latter, the Minister of Industry said.

While the government is preparing for an emergency to prevent the closure of steel plants in Scunthorpe, Minister Sarah Jones suggested that the similar crisis in Wales differ, as private companies were willing to invest.

Last year, two ovens in Port Talbot, in Wales, drove by Tata Steel, which led to the loss of more than 2000 posts.

The Minister of Sarah Jones in the industry said: “When we got into government, there was an agreement on the table with Tata Steel in Port Talbot.

‘We negotiated a much better deal in ten weeks, but there was a private company willing to invest, which is investing now.

‘We have upheld 5000 posts on site and there will be a future for the site with an electric arc oven. There is currently no such agreement on the table (for scunthorpe), which is what is different.

‘The other difference is that it is the last ovens that make primary steel That we have in this country, and also what is of course different, is that the world is changing.

“As we have seen with the support of the prime minister for our defense industry in recent times, we must ensure that we as a country have sovereign ability to make steel, and that is what we will protect today.”

There are currently no private companies willing to invest in British Steel, said Sarah Jones Minister in the industry.

However, the minister said there would be no extra costs for the taxpayer if the £ 2.5bn for which the government had already been budgeted would enter the government.

Asked whether the government received private offers for the company’s Scunthorpe plant, Sarah Jones told BBC Breakfast: “There is not at the moment, to answer your question, a private company that is willing to invest at this point.”

However, the Minister of Industry said there would be ‘no extra cost’ for the taxpayer because of taking control of Bit Steel’s Scunthorpe website, beyond the £ 2.5bn already budgeted for the support of the industry.

She told Sky News if British Steel, Jingye, did not continue with the government, “in” and “try to get the money back.”

She added: “But make me be very clear about the finances. We have a fund we put in our manifesto because we are connected to steel for the duration.”

She added: “We have the £ 2.5bn fund for steel we had in our manifesto, which we will use if necessary, so there will be no extra cost to the treasure trove we do not already have in our plans.”

Nigel Farage, leader of Reformation UK, said the government should nationalize British steel.

The Reformation of the British leader on the social media platform, X, said his party would appoint an amendment to “immediately nationalize British steel”.

MPs stare a choice between “taking back control” of Britishsteel Or the end of primary steel manufacturing in the UK, the Minister of Industry said before a debate on emergency legislation.

Both the Commons and the Lord will break out of the Easter recess for a very unusual Saturday to discuss a bill aimed at blocking Chinese owners of the company, Jingye, to close the ovens at the Scunthorpe plant.

Industry Minister Sarah Jones spoke to Sky News on Saturday morning, suggesting that negotiations with Jingye broke about the salvation of the plant, accusing the company of not acting too well.

She said: “This problem has now become existential because the company refused to bring in the raw materials we need to make the ovens work.

“If the ovens are closed in an unplanned manner, they can never be reopened, the steel Just roll in those ovens and nothing can be done.

‘The choice that has to face MPs today is that we want to take back control, give the Business Secretary the power to act as a director of the company and to teach the business to ensure that we get the raw materials, and we keep the ovens of the ovens, or do we see the end of the primary steel In this country and the loss of jobs? “

Parliament will be called back on Saturday for a rare weekend, after Sir Keir Starmer unveiled an emergency plan to take control of the British Steel’s Scunthorpe plant.

MPs will vote on emergency legislation aimed at blocking Chinese owners of the firm, Jingye, to close the ovens on the Lincolnshire site after the prime minister warned the future of the company “hanging in the balance”.

After Crunch talks with Jingye, officials in the Department of Affairs and Trade believed that his intention was to stop the provision of raw materials needed to make the ovens work.

If the ovens are stopped, it is extremely difficult and expensive for them.