Labour: don't allow France to scupper British Steel rescue

Paris reportedly opposes deal that would put Hayange plant in hands of China's Jingye

The government must act fast to prevent the French government from scuppering a deal to save British Steel, Labour has urged, amid opposition in Paris to a sale that would put a key national asset in Chinese hands.

Chinese industrial firm Jingye, run by a former Communist party official, is in the final stages of negotiations to buy British Steel, including the Hayange plant in northern France.