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British Steel halts redundancy plans after Government rescue

NAMPA / DPA
2025-04-22
London (PA Media/dpa) - British Steel has said it will end a consultation on up to 2,700 redundancies without action, after the Government took control of the firm earlier this month. In March, Chinese firm Jingye, which bought British Steel in 2020, proposed to close Scunthorpe's two blast furnaces. As a result, it launched a consultation which it said was due to affect between 2,000 and 2,700 jobs. Earlier this month, the UK government used eme......
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Economy

Eurozone consumer confidence weakens more than expected
2025-04-22 19:30:46
1ST LEAD
2025-04-22 19:00:49
German carmaker VW expects more competition in Chinese market
2025-04-22 19:00:46
German carmaker VW expects more competition in Chinese market
2025-04-22 18:31:01
German carmaker VW expects more competition in Chinese market
2025-04-22 18:31:00
Starmer says Europe needs to 'step up' on defence and trade
2025-04-22 17:30:56
Starmer says Europe needs to 'step up' on defence and trade
2025-04-22 17:30:56
IMF: Germany to see zero growth in 2025 amid tariff uncertainty
2025-04-22 16:31:12
1ST LEAD
2025-04-22 16:31:10
Luxembourg jobless rate steady at 5.9%
2025-04-22 16:31:09
DEVELOPING
2025-04-22 16:03:24

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