British Steel
| Use attributes for filter ! | |
| Ceased operations | October 6, 1999 |
|---|---|
| Headquarters | London |
| United Kingdom | |
| Successor | Tata Steel Europe |
| Founded | 1967 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2333535 |
About British Steel
British Steel plc was a major British steel producer. It originated from the nationalised British Steel Corporation, formed in 1967, which was privatised as a public limited company, British Steel plc, in 1988. It was once a constituent of the FTSE 100 Index.
British Steel to shut furnace putting up to 2,000 jobs at risk
...British Steel plans to close down its blast furnace in Scunthorpe, putting up to 2,000 jobs at risk...
Steel industry fears more job cuts without help
... Gareth Stace, director general of industry body UK Steel, said British Steel s decision to axe 260 jobs could be the start of a trend in the sector...
British Steel plans to close ovens and cut 260 jobs
...British Steel has said it is planning to close its coking ovens in Scunthorpe which could result in the loss of up to 260 jobs...
British Steel considering 800 job cuts in Lincolnshire
...British Steel is considering 800 job cuts centred on its Scunthorpe plant, the BBC understands...
Government to offer £600m for green steel switch
... The funding for British Steel and Tata Steel UK is likely to be unveiled by the Chancellor, Jeremy Hunt, this week...
UK steel industry a whisker away from collapse - Unite
... Writing to Mr Shapps on behalf of two other unions as well - Community and GMB - Mr Turner said the challenges faced by manufacturers like British Steel, Tata Steel, and were the consequences of " direct actions by your government that have...
UK poised to give £300m in rescue funding to British Steel
...Chancellor Jeremy Hunt is poised to grant a £300m funding package for struggling British Steel, the BBC has been told...
Steel import tariffs extended for two years
... British Steel producers are under pressure from soaring energy prices...
UK steel industry a whisker away from collapse - Unite
By Marc AshdownBusiness Correspondent, BBC News
The UK steel industry, which supports thousands of jobs, is " a whisker away from collapse" the Unite union says.
It has written a letter to Business Secretary Grant Shapps seeking an urgent meeting to push for more support.
Unite has accused the government of taking " little meaningful action" to help the industry, leaving the sector " at Breaking Point ".
The government said the success of the steel industry is a priority.
In The Letter , Steve Turner , Unite's assistant General Secretary , said there were A Number of issues causing the industry problems.
These included " crippling energy costs, carbon taxes, lost markets, lower demand, and open market access for imported steel".
Writing to Mr Shapps on behalf of two other unions as Well - Community and Gmb - Mr Turner said The Challenges faced by manufacturers like British Steel , Tata Steel, and were the consequences of " direct actions by your government that have. . significantly undermined UK plant competitiveness in global markets".
" With little meaningful action on the part of government in areas of UK procurement policy, energy pricing support, green energy generation or support for investment in new plant and technologies, the industry is at Breaking Point , " Mr Turner added.
" We Are , in The Words of many, 'a whisker away from collapse'".
He Said UK steel " employs tens of thousands of skilled workers and hundreds of apprentices" and asked for an urgent meeting to discuss " current and future government policy" to support the sector.
It has been reported that the Chancellor Jeremy Hunt for British Steel .
The Money has not been confirmed by the Treasury, but The Bbc understands it would depend on The Firm 's Chinese owners, Jingye, investing in greener technology.
Responding to The Letter , a spokesperson for The Department for Business, Energy and Industrial Strategy said the government recognised " the vital role that steel plays within the UK economy, supporting local jobs and economic growth".
It said it was " committed to securing a sustainable and competitive future for the UK steel sector, " adding that Mr Shapps " considers the success of the steel sector a priority and continues to work closely with industry to achieve this".
Commenting on the proposed funding package for British Steel , Labour's Shadow Business Secretary, Jonathan Reynolds , said the UK steel sector has been left " on The Brink " as a result of the government's failure to come up with long-term solutions.
" Endless sticking plaster solutions from the Conservatives have left our UK steel sector on The Brink , " said Mr Reynolds.
" Instead of finding a long-term solution, successive Conservative governments have lurched from crisis and bailouts with No Plan to keep UK steel internationally competitive or deliver a return on taxpayers investment. "
Source of news: bbc.com
