The Chinese owner of the British Steel denies the Subsidian proposal of the British government

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The Chinese owner of the British Steel rejected a lifelong proposal from the UK government to a lifelong proposal of 500 million and increased the fear of thousands of work in the steel master.

A letter sent to Jingye on Monday has helped to continue their work and switch to green production in almost two years Rescue talks Among English officials and company.

However, Jingye, in the opinion of people who met the situation, sent a letter to the government on Wednesday.

Associations are afraid of the company where 4,000 people worked on sites, including Scunthorpe plant in Lincolnshire, can start announcing an early discount until Thursday.

Energy Minister Sarah Jones, on Wednesday, the proposal was rejected, but the government is “English steel, every day”.

Jones, MPs told the committee on the talks with the company there is no deadline. “

British steel did not respond immediately to a request for comment.

In September, the last two explosion stoves operate in the last one of the Tata Steel in India.

The ministers hoped to repeat an agreement with Tata Steel last year, which supported the company’s taxpayer for 500 million for assistance Switch from green to steel campaign.

The Labor government will reduce carbon marks and 2.5 mln to the steel industry to help bring UK’s net zero targets to 2050.

Last month, steel associations put forward a plan to launch an English steel blast stoves to two less carbonated intensive electric arc furnaces.

Unions were concerned about the rapid shutdown of the blast stoves to lose the loss of 2000 in months.

As part of the plan, associations asked the government to provide an additional 200 pounds to help reduce the expected carbon expenses related to the use of explosive ovens.

The government has preferred, he added that he would be for explosion furnaces to continue at least temporarily.

Working chair Liam Byrne, the qualifying committee, said that this is “deep concern.”

“We need global tension and economic uncertainty, more sustainability during the war in Europe.

“The ministers must now answer: This must answer the transaction: if you do not have this bargain, when?