Why Starmer is 'confident' UK government can save British Steel furnaces

The UK government is confident it will beat a race against time to keep the British Steel furnaces running after taking control of the plant from Chinese owner Jingye this weekend. Civil servants and steel workers were rushing to secure the raw materials to keep the Scunthorpe site’s furnaces going – which supply Network Rail and critical manufacturers – before they ran out of time. But No 10 has now said it is “confident” it will secure the supply of materials, with two ships docked nearby and another on its way to the UK. It comes after business secretary Jonathan Reynolds declined to guarantee on Sunday that the government could get enough raw materials before existing supplies run out. Read more of the story here 👇 https://www.cityam.com/british-steel-no10-confident-it-will-secure-materials-to-keep-plant-running/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Jessica Frank Keyes, Emmanuel Nwosu, Scarlett Wild