Reynolds discusses British Steel row with Chinese counterpart

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Jonathan Reynolds, the business secretary, has discussed the government's move to seize control of British Steel with his Chinese counterpart for the first time. Sky News understands that the fate of the Scunthorpe-based steelmaker was raised during talks this week between Mr Reynolds and Wang Wentai, China's commerce minister, on Monday. A subsequent post on social media by Mr Reynolds confirming the meeting said the pair "discussed deeper UK-China cooperation - especially in services, investment and WTO reform - and building on January's successful Economic and Financial Dialogue to drive mutual growth". Money latest: Are premium bonds worth it? Subscribe...