British Steel abandons job cut plans after govt rescue
Wednesday, 23 April 2025 () London (AFP) April 22, 2025
British Steel announced on Tuesday it has halted plans to lay off thousands of workers after the government secured the raw materials necessary to keep Britain's last steelmaking blast furnaces running. The future of the plant was thrown into jeopardy in March when its Chinese owners Jingye said it was no longer financially viable to keep the blast furnaces burning, putting 2,700 jobs at ris
There are concerns British Steel could run out of raw materials within days, raising fears over whether blast furnaces can keep running. The business, owned by Chinese company Jingye, has announced..
Wednesday, 23 April 2025 ()
London (AFP) April 22, 2025![Govt seek solution as Scunthorpe steelworks faces closure [Video]](https://video.newsserve.net/300/v/20250409/1407582394-Govt-seek-solution-as-Scunthorpe-steelworks-faces-closure.jpg)
