Milky Posted November 12, 2019 Report Share Posted November 12, 2019 A Chinese company have agreed to buy British Steel in Scunthorp. Good news for its employees and other people who rely on it like local businesses, contractors and so on. Both Conservative and Labour party politicians are pleased with the deal yet isn't it sad that yet another company is not owned by a foreign entity Quote Link to comment Share on other sites More sharing options...
Evil Sid Posted November 12, 2019 Report Share Posted November 12, 2019 Do you mean is owned by a foreign entity or now owned by a foreign entity? Yet another foothold in the EU by these inscrutable Chinese....🕵️♀️ Quote Link to comment Share on other sites More sharing options...
Milky Posted November 12, 2019 Author Report Share Posted November 12, 2019 It was owned by a British investment company Greybull Capital, who sold its carbon emission quotes, took £40 million out of the company then put it into administration. Quote Link to comment Share on other sites More sharing options...
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