British Steel halts plans to axe thousands of jobs
British Steel has announced it has ended its redundancy consultation, safeguarding more than 2700 jobs in Scunthorpe.
The announcement came after the company officially withdrew the HR1 consultation form it had submitted to the Department of Business and Trade on the 27 March.
The move is part of ongoing efforts to stabilise British Steel’s blast furnace production following the government passing the Steel Special Measures Act in April.
Lisa Coulson, interim chief commercial officer said: “This has been a difficult and w... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
