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British Steel enters insolvency endangering 5K jobs

British Steel enters insolvency endangering 5K jobs

May 22, 2019, at 06:12 pm

London, May 22 (UNI) British Steel has been placed in compulsory liquidation, putting 5,000 jobs at risk and endangering 20,000 in the supply chain. The move follows a breakdown in rescue talks between the government and the company's owner, Greybull, said a BBC News report on Wednesday.

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British Steel enters insolvency endangering 5K jobs Wed, May 22 2019