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Topic History of: British Steel
Max. showing the last 5 posts - (Last post first)

Author	Message
JK2006	Yes (and see other thread). I wonder whether this solid proof of upcoming unemployment and Brexit caused company collapses will influence voters towards Remaining MEPs? I rather doubt it. Turkeys and Christmas spring to mind.
Barney	Owned by a private equity firm, BS will probably go into receivership today. The owner's raison d'etre is to maximise its return. About 25,000 workers will be affected; 5,000 in Scunthorpe and other sites; 20,000 in the supply chain. Brexit is blamed - and the current and ongoing inability to set steel tariffs, hindering the company's efforts to do business. Ironically 66% of this part of Lincolnshire voted, in the referendum, to leave - two out of three! Did they shoot themselves in the foot? Many more firms are now tethering, dangerously...