News; UK; British Steel on the brink of administration, with 25,000 jobs at risk The UK’s second-biggest steel maker is on the verge of administration as it … Business Secretary Greg Clark blamed his decision on the "state aid" laws put in … Jingye completes acquisition of British Steel. British Steel enters compulsory liquidation, threatening 5,000 jobs directly and 20,000 more indirectly. Sky News has learnt that the trustees of the Old British Steel Pension Scheme (OBSPS) have informed more than 31,000 members that they are … Dat werd verlaagd nadat eigenaar Greybull meer geld in het staalbedrijf besloot te steken. At this point steelmaking in the UK employs 270,000 people and 14 of the biggest steel producers are merged – British Steel is created. It is but a snapshot of a highly developed and modern steel industry that is fully focused on creating a positive future, not just for steel, but for all UK industry. If British Steel is sold off, at the very least the UK government should insist on keeping a golden share and a seat on the board so we have some control.
“British Steel is a vital business that sustains so many communities and thousands of jobs. Get the latest BBC News: breaking news, features, analysis and debate plus audio and video content from England, Scotland, Wales and Northern Ireland. British Steel is the only UK producer of rail, and a vast array of construction products. Mr Watson, who worked for British Steel on and off since the age of 16, told the BBC he received an email from HR with the news. British Steel awards contract to Triton Security A contract to secure British Steel sites and protect our assets has been awarded to Triton Security. Get the latest BBC News: breaking news, features, analysis and debate plus audio and video content from England, Scotland, Wales and Northern Ireland. Sale of British Steel completes, safeguarding more than 3,200 jobs and marking start of new chapter for UK steel industry; leading Chinese Steelmaker Jingye Group will acquire British Steel … Bidders given days to table 'final' rescue offers for British Steel Advisers to the Official Receiver are making contingency plans for the closure of Scunthorpe's steelworks, Sky News learns. 4/3/2020 3:31:58 PM. Potential objections by … 80pc of British Steel pension members were given bad transfer advice The City Watchdog has banned contingent fees on transfer advice, which lose consumers £2bn … British Steel coronavirus (Covid-19) update. It is but a snapshot of a highly developed and modern steel industry that is fully focused on creating a positive future, not …
3/9/2020 4:24:37 PM. UK Steel Sites This maps providing an overview of UK Steel member sites in the UK, the huge range of products made, and the value chains they feed into. This afternoon a British Steel spokesperson confirmed that "funding is in place" and employees will get their salaries in full for this month.
British Steel was today on the brink of collapse with the threatened loss of thousands of jobs, said sources. "The way the process has been done has been a bit brutal," he said. The new Chinese owner of British Steel is seeking another £100m of taxpayer support less than three months after completing its takeover of the insolvent Scunthorpe-based group. The national security specialist was selected following a recent tender process, and will work with us for an initial period of two years. Sky News has learnt that insolvency experts have been placed on standby in case the UK's second-largest steel producer cannot secure tens of millions of pounds to see it through the coming months.
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