The commercial secretary refuses to say if the British steel will receive raw materials before it goes off
The commercial secretary refused to ensure that the British steel plant in Scunthorpe will get enough raw materials in time To keep its crucial furniture into operation.
Jonathan Reynolds He also said he wouldn’t sell the activity to Another Chinese owner As he indicated that there is now a “trusted bar at high trust” that Chinese companies can meet before they can allow them to invest in the united kingdom industries sensitive.
Saturday the government prompted the emergency legislation to take control of the British steel, with Mr. Reynolds who warn the parliamentarians that once the high shorts of raw materials, they can never be lit.
The next day he said he would not “make my situation or the situation of the nation more difficult” commenting on specific commercial details.
He told the BBC Sunday with Laura Kuenssberg: “If we had not recited, the explosions had disappeared; steel production in the United Kingdom, the production of primary steel, would have gone.
“So we gave ourselves the opportunity; we have the control of the site. My officials are on the spot right now to give us the opportunity to do it.”
He also revealed that the ministers decided to act when it emerged that the Chinese owner of the company, Jingye, not only stopping the purchase of new raw materials, but had started selling the supplies he already had.
But Reynolds refused to accuse the company of deliberately sabotage the activity at the behest of the Chinese Communist Party (PCC), saying that “he was not accusing the Chinese state of being directly behind this”.
However, he accepted that there was now a “trusted bar” that should have been overcome before Chinese investments in “sensitive” areas such as steel production would have been allowed.
For its part, the leader of the UK reform Nigel Farage He said it was “certainly 100 %” that the PCC had ordered Jingye to buy British Steel to close the business, but did not provide evidence, citing only “intuition”.
Reynolds has also admitted that the government plans to lose money on British Steel, which is losing about £ 233 million a year. But he added that the collapse of the business would cost “easily over £ 1 billion”.
Saturday, Reynolds accused Jingye of planning “irrevocably and unilaterally” close the furnaces to die of raw materials – since it emerged that the police had been called after reporting that the company managers had been blocked by the entry into the premises.
Later, with a surprise move, the Prime Minister met the Siderurghi near Scunthorpe to discuss the plans.
He said to them: “You are the people who have continued this. You and your colleagues, for years, have been the backbone of the British steel and it is really important that we recognize it”.
Although the new law stops short of nationalization, the government has admitted that it is “probable” that the British steel will have to be taken in public property, after Sir Keir Starmer he warned that the United Kingdom Economic and national security was “in line”.
