‘Ghost town’ fears haunt UK community as Chinese firm plans to shut down British Steel plant

‘Ghost town’ fears haunt UK community as Chinese firm plans to shut down British Steel plant

Chinese owner Jingye said the British Steel plant in England was "no longer financially sustainable,"but it rejected a bailout deal with the UK government.

Our town will become Britain’s unemployment CAPITAL if 2k steel jobs are lost – but it will be catastrophic for the UK – Usa news

FOUR steel furnaces, Bess, Anne, Victoria and Mary, dubbed the “queens of Scunthorpe” once stood proudly over the industrial town – but now they are little more than relics of the past that could be lost forever. Residents fear the demise of the steel industry could see the Lincolnshire town become Britain’s unemployment capital if the last factory in the country capable of making virgin steel is forced to close. Alamy Residents fear Scunthorpe …

Commentary by Karel Pučelík: The nationalisation of heavy industry will probably soon be more than just a mention in British history textbooks. The Labour government has taken over a provincial steelworks, which, although loss-making and insignificant from a global perspective, is the last enterprise in the country where it is possible to produce crude steel. The Chinese owner has almost suffocated production.

Sir Keir’s Steel Revival: Strategic for industry or just a symbolic gesture?

Important question. Exactly how many Nigels are there in Scunthorpe?