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British Steel Taken Over From Chinese Firm by UK Government
The New Indian Express Kochi
|April 13, 2025
The UK government took effective control Saturday of Britain's last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue.
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Prime Minister Keir Starmer summoned lawmakers for the unusual Saturday sitting, only the sixth since World War II, to back a bill primarily aimed at blocking British Steel's Chinese owners, Jingye Group, from closing the two massive blast furnaces at its Scunthorpe plant in the north of England that are key in the steelmaking process.
Esta historia es de la edición April 13, 2025 de The New Indian Express Kochi.
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