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Chinese owner Jingye hopes to secure more money as it prepares to unveil restructuring plans
Plans being drawn up as British Steel announces up to 260 job cuts to confront soaring costs
Workers told of cuts being considered by owner Jingye despite offer of £300mn government support package
Cabinet members lobby chancellor to offer £300mn to save the group’s Scunthorpe site
Company says soaring cost of carbon permits is adding to financial woes
Jingye Group tells government it is ready to take on parts of Liberty Steel if industrialist fails to find fresh financing
Departure comes just over a year after Chinese takeover of UK’s second-largest steelmaker
Decision comes as tensions rise over trade and investments by Chinese groups in Europe
Jingye’s bid for plant at risk due to unease over Chinese presence in European industry
Hundreds will lose jobs in £1.2bn turnround plan even as Jingye says 3,000 will be saved
Block on sale of Hayange facility raises hurdle for rescue by Chinese
Conglomerate chief says it is ready to make a bid for struggling UK metal manufacturer
Unions announce cuts after reaching employment deal with group’s Chinese buyer Jingye
Agreement brings Jingye a step closer to completing takeover
Jingye Group struggles to agree deals with Associated British Ports, BOC and Tarmac
UK industry needs radical reform to end crippling cycle of boom and bust
Li Ganpo ditched the ‘iron rice bowl’ to build Jingye into a hotels-to-chemicals empire
Sceptics question Jingye’s motives and business logic in moving into UK industry
UK company has faced many challenges over long history in state and private ownership
Deal expected to save thousands of jobs at UK’s second-largest steelmaker
Provisional rescue plan would end uncertainty for 5,000 workers in Scunthorpe
Withdrawal hits efforts to rescue manufacturer and safeguard thousands of jobs
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