British Steel risks collapse with 25,000 jobs at risk

  • internetQatar
  • May 21, 2019
  • 4 min read

London: British Steel, the country’s second-largest steel producer, is on the brink of collapse unless the government agrees to provide an emergency 30 million pound ($38 million) loan by later on Tuesday, two sources close to the situation said. Owned by investment firm Greybull Capital, British Steel employs around 5,000 people, mostly in Scunthorpe, in […]

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