British Steel Scunthorpe Future Unclear Amid Government Talks
The future of British Steel's Scunthorpe plant remains uncertain as the UK government and owner Jingye Group explore options, raising concerns over jobs and the UK's industrial strategy.
The future of British Steel's Scunthorpe plant remains uncertain as the UK government and owner Jingye Group explore options, raising concerns over jobs and the UK's industrial strategy.
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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