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Was Reynolds nobbled by Number 10 over China? | Politics News

The Owner Press by The Owner Press
April 16, 2025
in Business News
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It was Margaret Thatcher who famously mentioned that in politics, the sudden at all times occurs.

And the newest proof for that could be a sequence of weird twists within the political fallout over Scunthorpe steelworks and China.

First, the enterprise secretary, Jonathan Reynolds, has unexpectedly carried out a shock U-turn on Chinese involvement in metal.

And second, these sworn Brexit enemies the Liberal Democrats and Reform UK have agreed on one factor: they need nothing to do with China.

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So is Mr Reynolds’ U-turn the results of being nobbled by Quantity 10? It actually appears prefer it, given what seemed to be a Downing Avenue slap-down on Monday.

On Sunday, he told Sir Trevor Phillips on Sky News: “I would not personally convey a Chinese language firm into our metal sector.”

Pressed by Sir Trevor, he mentioned: “I would not, no. I feel metal is a really delicate space.”

He even accused David Cameron – who famously took the Chinese president for a pint in a pub – and George Osborne of being “far too naive” about China.

And when Sir Trevor mentioned: “There is a excessive belief bar now, is not there?” Mr Reynolds replied: “Sure, we have got to recognise that.”

Two days later, pressed on his Sky Information interview throughout a go to to Immingham docks, he mentioned: “On this case, our distinction of opinion on the longer term was with a particular firm.

“I do know there’s a variety of curiosity within the wider UK-China relationship, understandably so. However this was about this firm.”

And he added: “I am actually eager to emphasize the motion we have taken right here was to step in as a result of it was one particular firm…”

In order that’s clear then? Or is it? What’s modified?

What modified is that on Monday, Quantity 10 insisted there was no block on China from important industries, even metal.

The prime minister’s spokesman mentioned: “We already a have a rigorous regime for assessing any involvement in vital infrastructure. That features trying on the function of China in our provide chains and funding infrastructure.”

Obtained that, Mr Reynolds? He has now, clearly.

Nigel Farage hasn’t. “The very thought the federal government might even ponder one other Chinese language proprietor of British Metal is actually dreadful,” the Reform UK chief declared whereas campaigning in Durham.

“There is not any such factor as a personal firm in China. They’re all successfully underneath the management of the Chinese language Communist Get together. Clearly, the federal government has discovered nothing in the event that they’re ready to say this.

“I’d go additional. I would not have China in our nuclear programme, anyplace close to our telecoms or anything. They aren’t our buddies.”

Guess who agrees with that? “Giving one other Chinese language agency possession of British Metal could be like coming dwelling to search out your home ransacked after which leaving your doorways unlocked!” mentioned an outraged Lib Dem MP, Calum Miller.

Little doubt, the Lib Dems are outraged by China’s refusal to permit their MP Wera Hobhouse being denied entry into Hong Kong to go to her new child grandson. And who can blame them?

Mr Farage additionally spoke about visiting the Scunthorpe blast furnaces final week, claiming: “Not, by the way in which, an out-of-character factor for me to do, as a result of I labored for 22 years within the metals enterprise earlier than getting concerned in politics.”

Learn extra:
Why did British Steel need saving?
Sunak’s former aide among charged with election betting offences

Actually? The metals enterprise? Nicely, Mr Farage actually has some brass neck. He was, actually, a commodities dealer within the Metropolis of London. OK, so presumably these commodities did embrace steel.

And what of the federal government? Regardless of Mr Reynolds accusing Mr Cameron and Mr Osborne of naivety, Sir Keir Starmer’s senior ministers have actively wooed China too.

Rachel Reeves, the chancellor, visited China in January to advertise “new alternatives” for funding. Ed Miliband, the vitality secretary, signed as much as shut ties with China on vitality throughout a go to final month and Douglas Alexander, the commerce minister, has been in China this week.

But former Tory chief Sir Iain Duncan Smith has insisted ministers should ban China from vital infrastructure and claimed former Labour prime minister Clement Attlee “could be handing over his grave”.

And what of Margaret Thatcher and her well-known quote? Nicely, it was the Iron Girl herself who privatised British Metal within the Eighties – and opened the door to Chinese language involvement.



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