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The Latest Breaking News from British Steel

British Steel plans 260 job cuts at Scunthorpe in blow to industry

The posts are under threat at the Chinese-owned firm, which is poised to close its coking ovens at its plant at Scunthorpe, Lincolnshire, in a bid to slash soaring costs

Daily Mirror

British Steel announces 260 job losses at Scunthorpe works

Firm’s owner says closure of coking ovens is down to global economic challenges and rising energy bills

The Guardian - UK

London Underground drivers to strike on 15 March ; 260 jobs at risk at British Steel – as it happened

British Steel plans to close its coke ovens, a move that could result in 260 job losses at its Scunthorpe site in northern England

The Guardian - UK

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Unions warn British Steel jobs at risk amid coking ovens closure fears

The GMB union called the government's investment 'a sticking plaster' over the issues facing British Steel and warned that workers, their families and communities 'will once again be asked to pay the price'

Wales Online

Government ‘negligence’ to blame for steel firm’s collapse, says union

British steel business Aartee Bright Bar called in administrators on Tuesday.

The Independent UK

UK steel industry on brink of 'irreversible decline', MPs warn Rishi Sunak

The Prime Minister has been issued with a stark alert, in a letter seen by the Mirror, about the threat to sector as companies mull job cuts and firms demand help to slash emissions

Daily Mirror

British Steel told making redundancies in midst of support negotiations 'not the way to do business'

Minister and MPs perplexed by approach as offer details laid out in Westminster while union talks start in Scunthorpe

Birmingham Post

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British Steel owner faces calls to halt 'unacceptable' plan to cut 800 jobs

Scunthorpe's Tory MP triggered an emergency Commons debate after the company warned of potential redundancies as energy costs soar and pressure on the industry to slash emissions grows

Daily Mirror

British Steel confirms jobs are at risk as it enters early talks with unions

Government unimpressed with announcement as negotiations over support package continue - confirming offer made

Birmingham Post

Government urges British Steel to continue talks amid fears for hundreds of jobs

Business minister Nusrat Ghani said a generous package of support is still available for the steel works.

The Independent UK

British Steel considering cutting up to 1,200 jobs in Scunthorpe

Unions say move would be ‘betrayal’ amid talks with UK government over potential £300m in financial support

The Guardian - UK

Fresh fears for hundreds of jobs at British Steel as support deal awaited

Scunthorpe could be the focus with union briefings reportedly imminent

Birmingham Post

Fears for 800 British Steel jobs amid siren warnings for industry's future

Unions demanded answers from the firm as reports suggest staff posts could be at risk as the threats to the struggling sector continue to mount - raising concerns about its viability

Daily Mirror

Strong support for green steel deal as Humber revealed as Net Zero hot spot

Humber on the list and biggest employer heard by key figures as help called for with decarbonisation

Birmingham Post

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The Guardian - UK

British Steel and Tata told to protect jobs until 2033 to unlock £600m funding

Grant Shapps tells Britain’s two largest steelmakers they must guarantee certain number of UK jobs

Birmingham Post

Bailout offer tabled to British Steel by UK government - source

Could deal make for a happy Chinese New Year for owner Jingye Group and the near 4,000 employees?

The Guardian - UK

UK offers £600m help to try to keep last steel plants going and save jobs

Jeremy Hunt expected to confirm support for British Steel and Tata to employ lower-emissions technology

Birmingham Post

Hundreds of millions of pounds secured for British Steel - reports claim

Government bail-out with strict conditions understood to be lined up

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The Guardian - UK

Jeremy Hunt poised to approve £300m support package for British Steel

Grant would help steelmaker cut its carbon footprint and avoid thousands of jobs losses

Birmingham Post

Scunthorpe MP Holly Mumby-Croft responds to British Steel CEO's plea for Westminster help

Short term economic impact and route to Net Zero under discussion between government and steel giant

Birmingham Post

British Steel chief executive opens up on the need for government support

Short-term operations and long term clean technology transition flagged in dual ask as formal talks continue against backdrop of jobs fears

Chronicle Live

MP explains why he was opposed coal mines in his constituency - but backs one in Cumbria

Michael Gove controversially gave the green light for plans to create the first deep coal mine in the UK for decades

Daily Mirror

More than 1,000 British Steel pensioners to get £49million compensation over bad advice

Hundreds of British Steel pensioners will get around £45,000 back under compensation plans finalised today by the financial regulator - but retirees face a long wait

The Guardian - UK

FCA reveals £49m redress scheme for British Steel pensions

Financial advisers to pay about £45,000 a worker to 1,000 staff who received unsuitable advice

Birmingham Post

£10m port expansion as PD and Barrett agree new steel deal

Groveport investment and fleet doubling follows new deal

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