Thousands of jobs at risk with British Steel on brink of collapse

Thousands of jobs at risk with British Steel on brink of collapse

The UK’s second-biggest steel maker, British Steel, is on the verge of administration as it continues to lobby for government backing. The steel maker had been trying to secure £75m in financial support to help it to address ’Brexit-related issues’. If the firm does not get the cash it would put 5,000 jobs at risk and endanger 20,000 in the supply chain.

Simone
Simone
Hannibal
Hannibal 1 year

Block imports then. Most of the biggest steel manufacturers have hilariously protected home markets and state subsidies. China, South Korea, and Germany are all guilty of rigging the game. Steel manufacturing is a matter of national security anyway.

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