British Steel lost £140m in 2020 under new Chinese ownership

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British Steel lost £140m in 2020 under new Chinese ownership
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Company is a major employer in ‘red wall’ constituency won by Conservatives in 2019 election

as the government pushed to find a buyer for an important industrial employer. Its previous owner, the private equity firm Greybull Capital, exited after only three years in charge.

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Guardian news /  🏆 28. in UK

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