Die britische Regierung hat das Primärstahlwerk von British Steel verstaatlicht, das zuvor dem chinesischen Konzern Jingye Steel gehörte. Jingye und die chinesische Regierung kritisieren das Vorgehen scharf, drohen mit rechtlichen Schritten und fordern Entschädigung für Investmentverluste.
Nach der Verstaatlichung des britischen Stahlwerks British Steel durch die Regierung droht der chinesische Ex-Eigentümer Jingye Steel mit rechtlichen Schritten und fordert Entschädigung. Peking kritisiert das Vorgehen als schädlich für das Investitionsklima.
Chinese firm Jingye Group is demanding compensation from the UK government for investment losses following the nationalisation of British Steel, stating the move damaged credibility and international investment rules. Jingye has initiated negotiation procedures and reserves the right to international arbitration.
China condemned the UK's nationalization of British Steel, expressing strong dissatisfaction and warning it damaged Chinese companies' investment confidence. The UK government took operational control of the Scunthorpe plant to protect jobs and national capability after owner Jingye considered closing blast furnaces.
Jingye Group demands compensation from the UK government, calling the nationalization of its subsidiary, British Steel, "outright robbery" and threatening legal action. The UK government took control citing national security, strategic steel supplies, and job protection, with an independent valuer now assessing compensation.
China's Jingye Group, former owner of British Steel, announced it will pursue full compensation from the UK government through legal means after the Scunthorpe steelworks was fully nationalised. The move has strained UK-China relations, with Beijing expressing strong dissatisfaction.
China's Ministry of Foreign Affairs will closely monitor the UK's nationalisation of British Steel, previously owned by China's Jingye Steel, citing concerns over investor confidence and compensation.
The UK government has indicated it might restrict or deny compensation to Jingye Group, the Chinese owner of British Steel, after the company initiated proceedings under a bilateral investment treaty. The nationalization of the steelworks, which cost the government £1.3m daily, is proceeding through Parliament.
Jingye Steel, the Chinese owner of British Steel, has initiated a formal process under the UK-China bilateral investment treaty to seek compensation from the UK government following the nationalisation of the Scunthorpe steelworks. The company aims to recover over £1bn, potentially impacting UK-China relations.
Hard decisions over a possible sale and future subsidies loom now full nationalisation is on the cardsExplainer: how did we get here, and what about the future?Full nationalisation of British Steel expected in king’s speech“One of the proudest things we have done in government,” said Keir Starmer in Monday’s big speech about the decision a year ago to recall parliament in order to take control of British Steel at Scunthorpe.It was an odd boast because last year’s action was merely an emergency exercise in saving the patient, as opposed to getting British Steel on its feet and out of the hospital. Taking control meant the Chinese owner, Jingye, could not turn off the two blast furnaces but meant the government was on the hook for operational losses, which will be £615m and counting by next month according to the National Audit Office (NAO). Continue reading...
Le sidérurgiste britannique est actuellement la propriété du groupe chinois Jingye.
Officials reportedly drafting legislation likely to safeguard Britain’s last blast furnaces and save thousands of jobs The full nationalisation of British Steel is expected to be announced in the king’s speech this week, a year after the government took over the daily running of the loss-making business from its Chinese owner.The steelmaker, which employs 3,500 people at its plant in Scunthorpe, came under government control last April amid fears that its owner, Jingye, was planning to shut down the site. Continue reading...
Officials reportedly drafting legislation likely to safeguard Britain’s last blast furnaces and save thousands of jobs The full nationalisation of British Steel is expected to be announced in the King’s speech this week, a year after the government took over the daily running of the loss-making business from its Chinese owner.The steelmaker, which employs 3,500 people at its plant in Scunthorpe, came under government control last April amid fears that its owner Jingye was planning to shut down the site. Continue reading...
