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The British Steel saga has ended our love affair with Chinese money

4/14/2025 • 40 min

After an emergency Saturday sitting of parliament, British Steel’s Scunthorpe plant is now - to all intents and purposes - under government control. The Chinese owners Jingye were intending to shut down the site, with the potential loss of almost 3,000 jobs and an end to 160 years of steelmaking in the town, but under emergency legislation a new CEO has been app… Play episode

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