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The Latest Breaking News from British Steel

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

Daily Mirror

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

The Guardian - UK

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

Groveport investment and fleet doubling follows new deal

Birmingham Post

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Labour step up pressure on Tories over mounting steel industry crisis

The Shadow Business Minister wrote to Business Secretary Grant Shapps urging him to work with firms to avert a jobs disaster

Daily Mirror

British Steel widens structural offer for construction sector as it supports sustainability of big builds

Innovation and standard-setting capitalised on with broader range

Birmingham Post

Operations safeguarded as British Steel and government enter formal talks over energy crisis

Level playing field sought by steel giant to "overcome global challenges" ahead of sustainable future

Birmingham Post

Rees-Mogg in talks with UK steelmakers as fears grow for thousands of jobs

Business secretary liaises with Tata Steel and Jingye Group over Port Talbot and Scunthorpe sites

The Guardian - UK

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Neil McLachlan obituary

Other lives: Research scientist at British Steel who achieved a world record in blind mountaineering

The Guardian - UK

British Steel auditor Mazars resigns over fee disagreement

Move comes only days after manufacturer reportedly asked government for financial support

The Guardian - UK

British Steel welcomes 39 apprentices in Scunthorpe and North East

Next generation welcomed after 'rigorous selection process'

Birmingham Post

Scunthorpe MP encouraged by talks between British Steel and government over energy costs

Chinese-owned company remains tight-lipped on weekend reports that thousands of jobs could be on the line should support not materialise

Birmingham Post

Soaring energy prices threatening Scunthorpe steelworks' sustainability - claim jobs at risk as support sought

Exceptionally high energy and carbon prices highlighted by British Steel

Birmingham Post

'Do whatever it takes to save British Steel', union urges Tories

The Community union called on the Government to intervene amid growing fears for the future of the plant

Daily Mirror

British Steel owner reportedly asking for urgent financial help from government

Jingye Group understood to have told ministers that its blast furnaces are unviable without huge cash injection

The Guardian - UK

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Evening Standard

British Steel’s Chinese owners ‘seeking huge government support package’

It comes amid fears that two of its blast furnaces are unlikely to survive without a cash injection

Birmingham Post

DN Colleges Group chief executive retires after major merger's outstanding Ofsted success

Mick Lochran steps down after 31 years in further education

Wales Online

The man from a Welsh council estate now worth £400m thanks to an idea he had on his walk home

Andrew Hopkins has developed a biotech company called Exscientia which is revolutionising the industry

Manchester Evening News

The Northern Agenda: The city that's ditching its mayor

Liverpool axes the role of its elected leader, but what will it replace it with?

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news in one place.

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Daily Mirror

Ripped-off steelworkers lost £80,000 pension cash as watchdog failed to act

An investigation published today ruled that the Financial Conduct Authority (FCA) failed to protect the British Steel pension scheme - with some members missing out on as much as £489,000 in life savings

The Independent UK

City watchdog failed British Steel pension savers, MPs say

The Financial Conduct Authority has been criticised by MPs on the the Public Accounts Committee.

Daily Mirror

Worker dies 'falling from crane' at steelworks as investigation launched into death

Both Humberside Police and the Health and Safety Executive (HSE) said they were investigating the death of the worker at the firm's Scunthorpe site

Birmingham Post

Steel safeguards welcomed as domestic manufacturing protection measures extended to 2024

Scunthorpe MP reveals she turned down a government role to keep her eye on town's fortunes as home constituency for British Steel

The Guardian - UK

Steel tariffs to be extended despite WTO rules, Boris Johnson indicates

Prime minster says proposed measures to protect British industry are in line with other European countries

The National (Scotland)

PM suggests he's ready to break international law to 'protect British steel'

BORIS Johnson has suggested his government is prepared to break international law to impose new steel tariffs.

The Independent UK

PM implies he is prepared to breach international law to safeguard UK steel

Boris Johnson argued at the G7 summit in Germany it is reasonable for British steel to enjoy the ‘same protections’ as other European economies.

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