Wednesday, May 22, 2019
British Steel collapse: 25,000 jobs at risk as assets liquidated | UK News
British Steel has been ordered into compulsory liquidation after talks with the government failed to secure a bailout, threatening the jobs of about 5,000 employees, with another 20,000 jobs in the supply chain. The steelmaker had requested an emergency $38m bailout loan from the British government following dwindling European sales amid Brexit uncertainty, and an ill-fated decision to sell off 
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