Government 'not ruling out' another Chinese partner for British Steel
- The Government is not ruling out a Chinese company owning British Steel, despite a prior statement against it from a minister.
- Sarah Jones stated that all options for the future of British Steel remain on the table, emphasizing the importance of the relationship with China.
- The Government is currently evaluating options, and no decisions have been made regarding future partnerships for British Steel.
- Jones confirmed that security would be the top concern in evaluating any investment, including those from Chinese companies.
14 Articles
14 Articles
UK business secretary signals openness to Chinese investment in British Steel, but with caution
'What we need for the long-term future of British Steel is that private sector partner to work with us as a government on a transformation program,' says Jonathan Reynolds - Anadolu Ajansı
Labour minister refuses to rule out another Chinese company running British Steel
A Labour minister has refused to rule out another Chinese company taking over operations at British Steel. Ministers have secured raw materials needed to keep British Steel furnaces in Scunthorpe alive amid accusations that the plant’s Chinese owners were poised to let it fail. The materials – which have arrived by ship from the United States – are enough to keep the furnaces running for the coming weeks while the government scrambles to secure …
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