Without the Chinks, 4000 AMDK in UK will be out of jobs...

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Without the Chinks, 4000 AMDK in UK will be out of jobs...

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11-11-2019, 09:00 AM

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Without the Chinks, 4000 AMDK in UK will be out of jobs...

An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.bbc.com/news/business-50369413

British Steel is set to announce a rescue deal with China's Jingye Group, which could safeguard up to 4,000 jobs in the UK.

Jingye Group has agreed in principle to buy British Steel for £70m.

It is understood that the government will help in the form of loan guarantees and other financial support.

British Steel has been kept running by the government since May when the company went into liquidation.

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Without the Chinks, 4000 AMDK in UK will be out of jobs...

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