British Steel
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UK Nationalises British Steel, Takes Control From China's Jingye
The country's last factory that can make steel from scratch faced imminent closure last year after Jingye said the plant in Scunthorpe, northern England, was no longer financially viable.
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"Naive" To Allow Chinese Firm For Steel Industry, Says UK Minister
The UK was "naive" to allow its sensitive steel industry to fall into the hands of a Chinese company, Britain's business secretary said on Sunday after the government took control of British Steel.
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British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
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UK Nationalises British Steel, Takes Control From China's Jingye
The country's last factory that can make steel from scratch faced imminent closure last year after Jingye said the plant in Scunthorpe, northern England, was no longer financially viable.
-
"Naive" To Allow Chinese Firm For Steel Industry, Says UK Minister
The UK was "naive" to allow its sensitive steel industry to fall into the hands of a Chinese company, Britain's business secretary said on Sunday after the government took control of British Steel.
-
British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
