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British Steel's Chinese owner seeks huge government aid package

Summary by Ground News
The owners of Britain's second-biggest steel producer are seeking an urgent package of financial support from taxpayers amid renewed fears for thousands of industrial jobs in the north of England.
2 months ago·London, United Kingdom

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Chinese owners of British Steel ask ministers for bailout

The owners of British Steel have asked for a government bailout to save the jobs of thousands of steel workers in the north of England.

2 months ago·London, United Kingdom
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British Steel's Chinese owner seeks huge government aid package

Jingye Group has indicated that British Steel's two blast furnaces will not be commercially viable without hundreds of millions of pounds of taxpayer support, Sky News learns.

2 months ago·United Kingdom
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British Steel’s Chinese owners ‘seeking huge government support package’

It comes amid fears that two of its blast furnaces are unlikely to survive without a cash injection

2 months ago·London, United Kingdom
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British Steel’s Chinese Owner Seeks Government Aid, Sky Reports

2 months ago·United States
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Threat of 'thousands' of redundancies looms at British Steel

Insiders claim thousands of people could be made redundant if the government rejects the request

2 months ago·Grimsby, United Kingdom
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British Steel owners request huge financial support package

The Lincolnshire-based company employs around 4,000 people

2 months ago·Lincoln, United Kingdom
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