Story perspectives

UK to Nationalise British Steel; China Issues Strong Warning

5/14/2026

Summary

Story summary

Prime Minister Keir Starmer announced that the British government will fully nationalise British Steel after taking operational control from Chinese owner Jingye in April 2025.
China warned Britain to act prudently on the proposed nationalisation and said it will monitor the case closely.
China said it will take strong measures to safeguard the legitimate rights of Chinese companies.
The British government did not immediately respond to Reuters' request for comment.

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Story summary

Prime Minister Keir Starmer announced that the British government will fully nationalise British Steel after taking operational control from Chinese owner Jingye in April 2025.
China warned Britain to act prudently on the proposed nationalisation and said it will monitor the case closely.
China said it will take strong measures to safeguard the legitimate rights of Chinese companies.
The British government did not immediately respond to Reuters' request for comment.