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TOPIC: British Steel
#189336
Jo

British Steel 4 Years, 11 Months ago  
British Steel on verge of administration

British Steel is on the verge of administration as it continues to lobby for government backing, sources say.

The UK's second-biggest steel maker had been trying to secure £75m in financial support to help it to address "Brexit-related issues".

If the firm does not get the cash it would put 4,500 jobs at risk and endanger 20,000 in the supply chain.

Company sources said that the direction of talks with the government would become clearer in the coming hours.

British Steel's main plant is at Scunthorpe, but it also has a site in Teesside.
Scunthorpe is in North Lincolnshire, which voted 66% Leave, 34% Remain (source) and all Teesside areas voted >60% Leave (source).

Wonder how many people there are planning to vote for the Brexit party.
 
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#189348
Green Man

Re:British Steel 4 Years, 11 Months ago  
F- all to do with Brexit.

Seems that May has made it clear that she will deliver a Brexit in name only.
 
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#189355
hedda

Re:British Steel 4 Years, 11 Months ago  
Green Man wrote:
F- all to do with Brexit.

Seems that May has made it clear that she will deliver a Brexit in name only.

Everything to do with the Brexit Chancers ...just wait until the real scandal re British Steel unravels.
 
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#189387
Green Man

Re:British Steel 4 Years, 11 Months ago  
hedda wrote:
Green Man wrote:
F- all to do with Brexit.

Seems that May has made it clear that she will deliver a Brexit in name only.

Everything to do with the Brexit Chancers ...just wait until the real scandal re British Steel unravels.

I am enjoying watching the mess caused by the current government.

Also it's much cheaper to goods and materials overseas than produce in UK.
 
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