Joe Mayes
U.K. Politics Reporter at Bloomberg News
UK Politics reporter for Bloomberg - [email protected]. To send tips or share documents securely -- [email protected], or DM me for Signal
Articles
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1 week ago |
bloomberg.com | Joe Mayes |Tom Rees
The British Steel plant in Scunthorpe. (Bloomberg) -- British Steel appointed a new interim leadership team as the UK government said it had secured sufficient coal and iron ore needed to keep the country’s last primary steel manufacturer running. Allan Bell was named the company’s new interim chief executive officer, with Lisa Coulson installed as interim chief commercial officer, British Steel said in a statement on Monday.
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1 week ago |
news.bloomberglaw.com | Alex Wickham |Joe Mayes
The UK Parliament will be recalled Saturday from its Easter recess for an emergency debate on taking control of British Steel from its Chinese owners, as Prime Minister Keir Starmer’s Labour government fights to preserve Britain’s last virgin steelmaker. Lawmakers will be asked to return to Westminster from their breaks to debate and vote on measures to protect blast furnaces at Scunthorpe, northern England.
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1 week ago |
bloomberg.com | Alex Wickham |Joe Mayes
The British Steel plant in Scunthorpe, UK. (Bloomberg) -- The UK Parliament will be recalled Saturday from its Easter recess for an emergency debate on taking control of British Steel from its Chinese owners, as Prime Minister Keir Starmer’s Labour government fights to preserve Britain’s last virgin steelmaker. Lawmakers will be asked to return to Westminster from their breaks to debate and vote on measures to protect blast furnaces at Scunthorpe, northern England.
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2 weeks ago |
bloomberg.com | Meg Short |Joe Mayes
Nikhil Rathi, chief executive officer of the Financial Conduct Authority, listens to speeches after delivering his speech at the City Week conference at the Guildhall in London, U.K., on Tuesday, April 26, 2022. Rathi told the conference that Facebook owner Meta Platforms Inc. has promised to only allow registered firms to advertise financial promotions on its sites, and called on Twitter Inc. to clarify its own position. Photographer: Chris J.
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2 weeks ago |
bloomberg.com | Joe Mayes
Chancellor of the Exchequer Rachel Reeves said financial markets are working as intended in response to the impact of US President Donald Trump’s tariffs and that the UK is considering a range of different responses to protect its own firms. “The United States’ decision to impose tariffs has had, and will continue to have, huge implications for the world economy,” Reeves told the House of Commons on Tuesday.
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RT @alexwickham: UK borrowing costs are soaring as bond markets crater amid a US Treasuries fire sale *UK 30-YEAR YIELD RISES 16BPS TO 5.…
RT @PronouncedAlva: Scoop: The government is "very seriously considering" nationalising Chinese-owned British Steel, two sources tell Bloom…
RT @alexwickham: Market reaction to the Spring Statement has been relatively muted but gilt yields are back up today to their highest level…
