Michael Flacks Interested in British Steel Takeover
British investor Michael Flacks is reportedly preparing a bid for government-controlled British Steel, with plans to combine it with an Italian plant to create a major European metals group.
British investor Michael Flacks is reportedly preparing a bid for government-controlled British Steel, with plans to combine it with an Italian plant to create a major European metals group.
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The UK government is hiring investment bank Evercore to conduct a strategic review of Britain's steel sector amid significant taxpayer exposure. Discover the future plans.
Business Secretary Peter Kyle supports shift to cleaner electric technology at Scunthorpe plant, securing jobs while raising questions about traditional blast furnaces.
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