🇬🇧 An emergency bill to save British Steel’s Scunthorpe blast furnaces has become law.
The bill gives the government the power to take control of British Steel – or any other steel asset – “using force if necessary”, order materials for steelmaking and instruct that workers be… pic.twitter.com/CUWLODeWRL
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The Business Secretary has issued instructions to British Steel, using the emergency powers approved by Parliament on Saturday to save the Scunthorpe blast furnaces.
A Government source confirmed that Jonathan Reynolds had given directions to the company following the extraordinary sitting of Parliament.
But they declined to give details of those instructions, saying they would not provide a running commentary on them.
Earlier on Saturday, MPs and peers had approved emergency legislation without opposition, giving Mr Reynolds the power to require British Steel to keep the Scunthorpe plant going after talks with its Chinese owner, Jingye, broke down.
In a highly unusual step, the Government had recalled Parliament from its Easter recess at short notice, fearing that the blast furnaces could be irrevocably closed within days without urgent action.