
UK Government Signals British Steel Owner Jingye May Receive Limited Nationalisation Payout
The UK government has indicated it might restrict or deny compensation to Jingye Group, the Chinese owner of British Steel, following the nationalisation of the steelworks. Jingye initiated consultation procedures under a bilateral investment treaty, seeking reparation costs after the government took control of the Scunthorpe plant on 12 April 2025.

















