The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
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The incoming PM is expected to announce fresh support for the North Sea from day one of his premiership.
Meanwhile Conservative leader Kemi Badenoch says Burnham is a "people pleaser", ahead of him becoming prime minister on Monday.
Food waste is a resource like water and should be kept in communities, compost champions say.
Jingye said it will take action "through legal means to the very end" after the UK government nationalised British Steel.
A spokesperson for the incoming prime minister says his government would “put its focus where people need it right now”.
The Perseid meteor shower will light up the night sky over the next five weeks.
When Burnham becomes PM, he'll find it harder to wear the wardrobe that's central to his political brand.
More than three million people in the UK work night shifts, which can greatly impact their health. What can be done to help them?
Russians have been hit by mobile internet shutdowns and more businesses are seeking to dodge tax after more than four years of war with Ukraine.