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British government takes over running of UK’s last major steel plant from Chinese owner JingyePrime Minister Keir Starmer summoned lawmakers for the unusual Saturday sitting, only the sixth since World War II, to back a ...
Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend, the cause was not a war or terror attack – but the ...
Business secretary warns that – without action taken in parliament on Saturday – UK would have lost its ability to produce ...
British Culture Secretary Lisa Nandy said Wednesday that a deal to save British Steel is within sight as talks with Chinese ...
Previous British governments had been "naive" to allow Chinese companies to be involved in the steel sector, business ...
So we now have the government of the United Kingdom – the land that gave birth to laissez faire capitalism – effectively nationalising British Steel, which has been owned by China’s Jingye ...
But Jonathan Reynolds said he did not suspect China of trying to tank the Scunthorpe plant, the UK’s last factory able to ...
In a statement to the FT issued by Zengwei An, chief executive of Jingye British Steel, the company expressed its “understanding” for the emergency law passed on Saturday after ministers made ...
The repercussions would be huge for industries like construction, defense and rail and make the country dependent on foreign ...
China has warned the U.K. government to treat the Chinese owners of British Steel fairly or risk undermining investor ...
But a journey to the hometown of the Chinese firm that owns British Steel would soon reveal to a traveller how closely Jingye Steel is integrated with the politics and strategy of the People’s ...
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