Senior Labour figures are pressing the PM for an urgent reassessment of Chinese involvement in critical national infrastructure, citing security risks and advocating tighter oversight.

Several competing interests are scrambling to secure the future of a major steelworks, with stakeholders considering government support to maintain production and guarantee essential resources.

Parliament has been called back to legislate on emergency measures aimed at safeguarding a troubled domestic steel manufacturer, with policymakers seeking to preserve jobs and maintain the country’s industrial backbone.

Critics described the sudden revelation of a 145% levy on Chinese imports as a “self-inflicted wound,” prompting accusations of possible market manipulation and stirring widespread investor unease.