British Steel is to be sold to the Chinese firm Jingye, the government has announced, in a deal that could safeguard 4,000 jobs and prevent the closure of the company’s Scunthorpe site.
British Steel to be sold to Chinese firm in deal that could save 4,000 jobs And soon also the British parliament? This is why Brexit? British Steel to be sold to Chinese firm in deal that could save 4,000 jobs And soon also the British parliament? This is why Brexit?
It can join the national grid being owned by a Chinese company then cant it? I'm pretty certain that the Chinese company is state-owned too so basically the Chinese government own a big chunk of the national grid
They're only making plans for Nigel ...
British steel collapses because China dumping steel, buys British steel : Justice
This will not end well. ChineseSteel
'could'
Just...wow.
The irony is strong here.
China is dictatorship style nation with a communist party oppressively targeting Muslims minority!Unfortunately!
Poor Little England being taken over by the new empire.
Save 4000 jobs or be put over a barrel by the Chinese on Steel prices for eternity.
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British Steel agrees £70m rescue with Chinese firmThe deal with Jingye Group could potentially safeguard 4,000 jobs in the UK. tipmiddle Good news 👍 lancehardy1
Source: BBCNews - 🏆 3. / 97 Read more »
Chinese industrial giant poised to buy up British Steel for £70mJingye Group emerges as frontrunner to buy UK steelmaker out of liquidation Worth remembering that the Tories blocked EU measures to tackle Chinese steel dumping. Of course, the EU prevents our Gov't doing anything to save it. Vote BrexitParty Give it 50 years and there’ll be a CCP flag on Buckingham Palace.
Source: The Guardian - 🏆 84. / 53 Read more »
British Steel secures future through China rescueBritish Steel has been saved in a rescue deal by Chinese firm Jingye saving up to 4,000 jobs, the Insolvency Service has confirmed.
Source: SkyNews - 🏆 35. / 67 Read more »
British Steel saved as China's Jingye steps in. But what next?Even though the future remains murky, the Sword of Damocles hanging over thousands of jobs had them cheering in Scunthorpe and perhaps in Tory HQ too Sure it’s safe. China always up holds their deals. Just like Chungwa tv factory in Scotland. They took the money. We built the factory and they went home. British Steel workers take Chinese steel workers wage rates and working conditions in order to keep their jobs. “Saved”. But for how long. Post election? Sometime next year?
Source: The Independent - 🏆 80. / 59 Read more »
British Steel poised for rescue by China's Jingye Group saving thousands of jobsBritish Steel is on the verge of sealing a rescue deal with a Chinese industrial giant that could save thousands of UK jobs Should have been save by the government, not another foreign country to run into the ground or sell off bits over the next 15 years.
Source: SkyNews - 🏆 35. / 67 Read more »
British Steel secures future through China rescueBritish Steel has been saved in a rescue deal by Chinese firm Jingye saving up to 4,000 jobs, the Insolvency Service has confirmed.
Source: SkyNews - 🏆 35. / 67 Read more »