British Steel: Scunthorpe
The question
To ask the Secretary of State for Business and Trade, whether it is his policy to not allow another Chinese partner for the Scunthorpe steel plant.
Answered by Sarah Jones
Our unique and unprecedented action was related to an individual company no longer acting in good faith. No decisions have yet been made about British Steel's long-term future - that will come at a later date.
More broadly, the UK remains open to Chinese investment. At the same time, this Government will always prioritise our own security and resilience. We recognise the importance of the UK's powers through the National Security and Investment Act 2021 to scrutinise and intervene in investments and other acquisitions to protect national security where necessary.
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