Tuesday, May 21, 2019
British Steel ‘on the verge of collapse’, risking 25,000 jobs | News
British Steel, the beleaguered manufacturer which last week asked the United Kingdom government for a $95m bailout loan, is on the brink of collapse, a source told Reuters news agency. The steelmaker’s owners, Greybull Capital, agreed to put up some of the money themselves, and the loan request was dropped to $38m. But if the crisis loan is not approved by Tuesday afternoon, administrators 
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