Browse The Independent’s complete collection of articles and commentary on British steel.
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All the latest breaking news on British steel. Posted at 14:59 24 May 2019 Government intervention 'buys time for British Steel' Reichmann joined British Steel as chief financial officer in 2017 and was named chief executive officer in April, the newspaper said. Share this with Facebook; ... Julian's father Matthew has been working at British Steel's on-site power station in Scunthorpe for 19 years, ... Daily news briefing direct to your inbox. 3/3/2020 3:13:30 PM. Bidders given days to table 'final' rescue offers for British Steel Advisers to the Official Receiver are making contingency plans for the closure of Scunthorpe's steelworks, Sky News learns. Video report by ITV News Correspondent Ben Chapman The future of 5,000 British Steel workers remains uncertain as they face a nervous wait to see if the company will go into administration or not. Britain's second biggest steel maker collapsed on Wednesday, putting about 5,000 jobs at the company directly at risk, and threatening another 20,000 at suppliers. British Steel has been in liquidation since May and is in the hands of the Official Receiver as Government-led efforts to find a buyer continue. Jingye completes acquisition of British Steel. Our steelworks have existed for around 150 years and we're excited about what we can collectively achieve to build a successful future for many years to come. 21 May 2019. Thousands of jobs are at risk in Scunthorpe, as the town's steel plant faces potential closure. Last month, Jingye agreed to buy British Steel, paying about £50m to take over the collapsed business and save about 4,000 jobs.
Official Receiver’s Update On British Steel Future. steel industry: Find Latest Stories, Special Reports, News & Pictures on steel industry. 4/3/2020 3:31:58 PM. Boris Johnson, the front-runner to become the U.K.’s next prime minister, has promised to keep supporting British Steel until a new owner can be found. Jingye agrees conditional completion of British Steel acquisition. News Brief Autumn 3 Summary of 2019 Annual Report & Accounts The Scheme provides benefits for former members of the Old British Steel Pension Scheme who elected to transfer into the Scheme from 28 March 2018 under the Time to Choose exercise. British Steel pensioners eye £2bn insurance deal Sky News 21:28 19-May-20 British Steel owner Jingye asks for £100million coronavirus support loan Grimsby Live 12:09 18-May-20 British Steel's Chinese owner seeks £100m state loan Sky News 12:39 16-May-20 British Steel coronavirus (Covid-19) update. British Steel British Steel has been taken out of the hands of the Official Receiver, where it has been since May, and into those of the Jingye Group British Steel was bought by leading Chinese multi-industrial company Jingye Group on 9 March 2020, beginning a new chapter in British steelmaking. Turkish investment firm Ataer Holdings, the preferred bidder of the Scunthorpe-based steelmaker, told the newspaper that the move “does not in any way change" its interest in British Steel. 3/9/2020 4:24:37 PM. ... residents fear the town will "shut down" if British Steel collapses. 2 July 2019. Image Source: Grimsby Telegraph . x DOWNLOAD. Britain's second biggest steel maker collapsed on Wednesday, putting about 5,000 jobs at the company directly at risk, and threatening another 20,000 at suppliers. Steel News - Published on Wed, 12 Jun 2019. 13:30, 1 JUL 2019 News Network Rail has made an offer for British Steel's rail-making facilities (Image: Network Rail / ScunthorpeLive) Sign up … British Steel should be nationalised, urges Labour. 3/2/2020 11:18:29 AM. A Turkish pension fund's deal to rescue British Steel from insolvency has come under fire from a major newspaper closely connected to President Recep Tayyip Erdoğan.
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