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| MPs recalled for emergency debate on future of British Steel | |
| (31 minutes later) | |
| Parliament will be recalled on Saturday for an emergency debate on the future of British Steel's plant in Scunthorpe. | Parliament will be recalled on Saturday for an emergency debate on the future of British Steel's plant in Scunthorpe. |
| A government source says it is looking "to take control"' of the company, after its Chinese owner said its blast furnaces are "no longer financially sustainable". | |
| Talks have been taking place this week talks to keep production going at the firm, which employs 2,700 people. | |
| Politicians left Westminster for their Easter break on Tuesday, and were not due to return until 22 April. | Politicians left Westminster for their Easter break on Tuesday, and were not due to return until 22 April. |
| Ministers had expressed a preference for a commercial solution to secure the long-term future of the plant. | |
| But they had not ruled out nationalising the firm, saying all options remained on the table. | |
| The House of Commons said MPs would discuss proposed legislation "to ensure the continued operation of British Steel blast furnaces". | |
| Chinese company Jingye, which bought British Steel in 2020, says it has been suffering financial losses of around £700,000 a day. |