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Chinese firm to take over British steel

Joanne Parkinson

9th March 2020

The Jingye group have previously stated that they will save over 3000 jobs in Teeside and Scunthorpe as part of the takeover; although there are still some concerns for jobs before the deal goes through.

The group are looking to modernise the UK steel industry and to invest £1.2 billion to improve the plants and the machinery used. Whilst the company have said that they envisage a future for the industry in the UK, union officials are still concerned - for at least 500 jobs are still potentially at risk.

For more on this story, check out the following report:

Joanne Parkinson

An experienced, outstanding Geography teacher, GCSE examiner and Head of Humanities in a 11-18 school. I'm passionate about all geographical events and am a keen blogger.

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