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British Steel Ltd

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  • Thursday, 31 March, 2022
    UK mis-selling
    FCA’s redress scheme for steelworker pension mis-selling comes under fire

    Advocates describe regulator’s proposal as ‘compensation on the cheap’

  • Friday, 11 March, 2022
    British Steel lifts prices by ‘record 25%’ in face of soaring costs

    Increases will add to pressures on construction projects including HS2 rail line

  • Wednesday, 22 December, 2021
    FCA to consider redress scheme for British Steel pensioners

    Watchdog plans to look at forcing IFAs to compensate thousands of workers caught up in scandal

  • Monday, 9 August, 2021
    Pensions industry
    UK regulator fines ‘incompetent’ adviser £1.3m over steel pensions

    Geoffrey Armin ‘disregarded’ information in directing clients to transfer out of scheme

  • Wednesday, 30 June, 2021
    UK trade
    UK unveils emergency legislation to protect domestic steelmakers

    Move follows fierce lobbying over fears of cheap imports but flies in face of new post-Brexit trade regime

  • Wednesday, 19 May, 2021
    FT CollectionsGreensill Capital
    British Steel’s Chinese owner sets sights on Gupta’s UK plants

    Jingye Group tells government it is ready to take on parts of Liberty Steel if industrialist fails to find fresh financing

  • Friday, 19 March, 2021
    Liberty Steel Group Holdings UK Ltd.
    UK draws up plans to run Liberty Steel if Gupta’s GFG collapses

    Industrial group seeking new financing after failure of Greensill Capital, its main lender

  • Tuesday, 16 March, 2021
    British Steel boss Ron Deelen to resign at end of March

    Departure comes just over a year after Chinese takeover of UK’s second-largest steelmaker

  • Thursday, 23 July, 2020
    French court rejects Chinese bid for former British Steel factory

    Decision comes as tensions rise over trade and investments by Chinese groups in Europe

  • Thursday, 2 July, 2020
    British Steel’s Chinese owner in last-ditch push to buy French factory

    Jingye’s bid for plant at risk due to unease over Chinese presence in European industry

  • Monday, 9 March, 2020
    Chinese buyer of British Steel to pursue French arm

    Jingye to keep close contact with Paris as it completes takeover and saves 3,200 jobs

  • Wednesday, 4 March, 2020
    Four groups swoop for British Steel’s French factory

    Bids complicate Chinese investor’s efforts to buy out whole of troubled company

  • Tuesday, 3 March, 2020
    British Steel’s Chinese rescuer to complete purchase next week

    Hundreds will lose jobs in £1.2bn turnround plan even as Jingye says 3,000 will be saved

  • Friday, 21 February, 2020
    Jingye tries to save British Steel rescue deal

    Chinese group writes to French government as it seeks to reassure over the future of Hayange plant

  • Friday, 31 January, 2020
    Paris casts doubt on sale of British Steel French plant

    Block on sale of Hayange facility raises hurdle for rescue by Chinese

  • Sunday, 26 January, 2020
    Retail & Consumer industry
    Turkey’s Cengiz eyes British Steel bid if Jingye deal fails

    Conglomerate chief says it is ready to make a bid for struggling UK metal manufacturer

  • Saturday, 25 January, 2020
    British Steel buyer eyes investment on Teesside

    China’s Jingye considers building a new metal recycling furnace

  • Friday, 24 January, 2020
    British Steel plans cull of up to 500 jobs in shake-up

    Unions announce cuts after reaching employment deal with group’s Chinese buyer Jingye

  • Thursday, 23 January, 2020
    British Steel’s Chinese buyer strikes deal with unions

    Agreement brings Jingye a step closer to completing takeover

  • Wednesday, 8 January, 2020
    British Steel rescue nears after backing from Chinese regions

    Bidder Jingye will now seek deal with unions and clearance from French government

  • Sunday, 29 December, 2019
    British Steel’s new Chinese owner in stand-off with suppliers

    Jingye Group struggles to agree deals with Associated British Ports, BOC and Tarmac

  • Thursday, 5 December, 2019
    British Steel’s French factory for sale despite Chinese deal

    Plant searches for buyers even though Jingye has agreed to take over whole group

  • Sunday, 17 November, 2019
    British Steel faces uncertain future despite Scunthorpe rescue

    UK industry needs radical reform to end crippling cycle of boom and bust

  • Wednesday, 13 November, 2019
    European lobby group raises concerns over British Steel deal

    Eurofer asks Commission to probe takeover by China’s Jingye on state-aid grounds

  • Wednesday, 13 November, 2019
    Jingye Group
    The Chinese dealmaker behind a risky bet on British Steel

    Li Ganpo ditched the ‘iron rice bowl’ to build Jingye into a hotels-to-chemicals empire

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