British Steel halts redundancy plans after government rescue | British Steel
British Steel said it will close consultations on up to 2,700 redundancy without action after the government took control of the company earlier this month. In March, Chinese company Jingye, which purchased British Steel in 2020, proposed shutting down two Scunthorpe explosion furnaces. We have launched consultations saying it could affect employment of 2,000-2,700 people. […]