Parliament will be recalled on Saturday to discuss emergency legislation for the nationalisation of British Steel amid concerns over the company’s viability and the potential loss of 3,500 jobs. House of Commons Speaker Sir Lindsay Hoyle confirmed the unusual Saturday session, following warnings from the Chinese owner, Jingye Group, about the financial viability of the last two blast furnaces in Britain. The UK government, having set aside £2.5bn to support the steel sector, is prioritising the maintenance of domestic steel production in light of international pressures, including tariffs from the US.
