Ineos cuts 60 jobs at UK plant blaming "dirt-cheap" Chinese imports

Ineos, a petrochemical company, plans to cut 60 jobs at its plant in East Yorkshire due to high energy costs and cheap imports, particularly from China. The company's bosses stress the need for government intervention to address these challenges and ensure a viable chemicals industry in the UK. Ineos' chief executive emphasized the impact of energy costs and imported goods on the industry's sustainability, calling for support for affected workers and long-term site preservation. The government recognizes the difficulties faced by the sector and is engaging with stakeholders to explore potential solutions amid the ongoing crisis.