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British Steel halts redundancy plans after government rescue

Union welcomes announcement company is closing consultation on laying off up to 2,700 Scunthorpe workersBritish Steel says 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, the Chinese company Jingye, which bought British Steel in 2020, proposed to close Scunthorpe’s two blast furnaces. It launched a consultation that it said could affect between 2,000 and 2,700 jobs. Continue reading...

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