Chinese group Jingye hires lawyers to recover British Steel cash
The Chinese owner of British Steel has hired a leading City law firm to explore the recovery of hundreds of millions of pounds it invested in the Scunthorpe-based company before the government seized control of its operations in April.
Jonathan Reynolds, the business secretary, has discussed the government’s move to seize control of British Steel with his Chinese counterpart for the first time.
British Land, the FTSE 250 commercial property company, has hired lawyers to scrutinise rescue deals for the high street retailers Poundland and River Island.
A UAE-based steel company has made an approach to buy Britain's third-biggest steel producer, months after it was declared "hopelessly insolvent" and fell into the hands of the Official Receiver....
11-01-2026, 08:27 AM
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Chinese group Jingye hires lawyers to recover British Steel cash