BBC News·3 min read·medium
Chinese firm seeks compensation over British Steel nationalisation
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✦AI Summary
The Chinese firm Jingye Group plans to seek compensation from the UK government following the nationalization of British Steel. The UK government took control of the plant to ensure its viability, a move China has formally opposed.
Image source, PA Media By Rachel Clun , Business reporter and Meghan Owen , Business correspondent Published 16 minutes ago The former owner of British Steel has said it will pursue the British government for compensation after the loss-making firm was nationalised.
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