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...

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.