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Written question asked by Martin Rhodes (Labour) on Wednesday, 17 June 2026, in the House of Commons. It was due for an answer on Monday, 22 June 2026. It was answered by Chris Bryant (Labour) on Tuesday, 23 June 2026 on behalf of the Department for Business and Trade.


Jingye Group: Compensation

Question

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of Jingye Group having initiated procedures to claim compensation following the Government's takeover of British Steel via the Investor-State Dispute Settlement provisions in the UK–China Bilateral Investment Treaty on the public finances.

Answer

The Government has acted consistently with domestic and international law obligations, including its obligations under the UK-China Bilateral Investment Treaty. It would be inappropriate for the Government to comment further on the dispute at this stage.


Secondary information

Type
Written question
Reference
11039
Session
2026-27
Subjects
Compensation British Steel Jingye Group
Link
View this Written question on www.parliament.uk