Thousands of jobs at risk as British Steel goes into liquidation

British Steel has gone into liquidation after talks with the Government failed to secure its future, dealing a huge blow to the industry and threatening thousands of job losses.

British Steel has gone into liquidation after talks with the Government failed to secure its future, dealing a huge blow to the industry and threatening thousands of job losses.

Workers at the company’s plants now face weeks of uncertainty as efforts are made to rescue the business.

The grim news was given to employees after a week of speculation, with the plant at Scunthorpe most affected, employing more than 4,000 workers.

British Steel’s owner, Greybull...
source: Oxford Times

2019-05-22 14:35
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