Rowena Mason

5 days ago | msn.com | Rowena Mason |Kiran Stacey

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5 days ago | theguardian.com | Rowena Mason |Kiran Stacey

Rachel Reeves will fly to Washington next week to meet her American counterpart for the first time, as the British government looks to intensify negotiations over a UK-US trade deal. The chancellor will be in the US from Tuesday to Friday for the spring meetings of the International Monetary Fund. At the heart of her visit, though, will be talks with the US treasury secretary, Scott Bessent, whom British officials regard as one of their most likely allies in negotiating a deal.

1 week ago | theguardian.com | Hamish Mackay |Rowena Mason

Key eventsShow key events onlyPlease turn on JavaScript to use this featureWill British Steel be nationalised? When the legislation is passed, Reynolds will be able to order the company to buy the raw materials to keep two blast furnaces going at the plant and the taxpayer will take on the costs of the purchases. The company’s owner, Jingye, has said it is losing about £700,000 a day.

1 week ago | theguardian.com | Rowena Mason |Eleni Courea

Ministers should focus on rebuilding bridges with the EU, Labour politicians have said after a senior adviser to Donald Trump downplayed the prospect of a breakthrough with the US. MPs said the government should “prioritise our trading relationship with the EU” and “get a sugar-rush of growth” instead of banking on the prospect of preferential treatment from Washington. Trump imposed 10% tariffs on all UK exports this month, with several other markets, including the EU, facing steeper rates.

1 week ago | ca.finance.yahoo.com | Rowena Mason |Eleni Courea |Jasper Jolly

Parliament is being recalled on Saturday to discuss the nationalisation of British Steel, the House of Commons speaker has confirmed. The move has been taken after the failure to reach a deal to keep two blast furnaces going at British Steel’s Scunthorpe plant, owned by the Chinese company Jingye. The Commons is expected to sit at 11am, with MPs called back from Easter recess to discuss taking the assets into public ownership in order to preserve steelmaking in the UK.