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Coronavirus: G7 finance ministers ‘ready to tackle economic hit’

Image copyright Getty Images Image caption US Treasury Secretary Steve Mnuchin led a conference call with finance chiefs from other major economies Finance ministers from the G7 group of nations have said they will use “all appropriate policy tools” to tackle the economic impact of coronavirus. The group of major economies said in a joint […]

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British Steel takeover deal agreed for Scunthorpe and Teesside plants

Image copyright Reuters Image caption The bulk of British Steel’s staff work at the Scunthorpe plant A Chinese firm has finally confirmed plans to invest £1.2bn in British Steel. Jingye Group said it would save 3,200 jobs in Scunthorpe and Teesside and modernise the towns’ steelworks. The company, which is reported to have offered £50m

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