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@kahawatungu Sun, 19 Jul 2026 11:23:40

Chinese firm seeks compensation over British Steel nationalisation

The former owner of British Steel has said it will pursue the British government for compensation after the loss-making firm was nationalised. The UK took control of the Scunthorpe steelworks a year ago after Chinas Jingye Group said it planned to close the site because it was not financially viable, and fully nationalised the plant [...] The post Chinese firm seeks compensation over British Steel nationalisation appeared first on Kahawatungu.

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