ICYMI - Chinese firm to invest £1.2bn in British Steel

Overnight news of relevance to the UK and China

Chinese firm Jingye says will invest £1.2bn in British Steel (a UK steel maker)

  • it would seek to "preserve thousands of jobs "
  • it would spend £1.2bn over the next decade in upgrading plant and machinery

BBC had the report, posting it for interest

GBP was higher overnight on the back of Nige:

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