British Steel employees express fears over future of Scunthorpe plant
- A crucial meeting is set for Monday between British Steel staff and civil servants to discuss the future of the Scunthorpe plant after the government took control of the company on Saturday, inheriting a precarious situation.
- The government must secure essential raw materials to keep the blast furnaces operational, as failure to do so will lead to cooling and potential damage.
- Jingye, the Chinese owners of British Steel, stopped ordering raw materials and began selling existing supplies, raising concerns about immediate closure.
- Business Secretary Jonathan Reynolds stated that the government is prepared to lose money running British Steel and warned it lacks a guarantee for securing raw materials to keep the plant operational.
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Race to save British Steel factory after Chinese firm’s ‘sabotage’
Dozens of businesses have rallied to help British Steel with offers of managerial support and raw materials
·London, United Kingdom
Read Full ArticleScunthorpe debacle must be wake-up call for Labour & end to Ed’s eco-madness
Lack of steel LABOUR’S last-minute intervention may have saved the Scunthorpe steelworks and thousands of jobs for now. It has also ensured Britain has avoided the humiliation of suddenly becoming the only G7 country without the ability to make its own vital virgin steel. GettyEd Milliband’s Net Zero eco-madness must come to an end[/caption] But what is the Government going to do about British Steel’s massive daily losses of £700,000? Business S…
·United Kingdom
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Total News Sources26
Leaning Left7Leaning Right4Center6Last UpdatedBias Distribution41% Left
Bias Distribution
- 41% of the sources lean Left
41% Left
L 41%
C 35%
R 24%
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