British Steel formally ends consultation over job losses

British Steel formally ends consultation over job losses

The redundancy process which had been started by the company's previous owner is cancelled.

British Steel halts plans for thousands of job losses after government intervention

Chinese firm Jingye proposed to close Scunthorpe's two blast furnaces last month

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 2,00…

British Steel to end consultation on up to 2,700 redundancies after government intervention

The confirmation that jobs are safe comes as raw materials have been sourced to continue production at the UK's only remaining virgin steel furnace.

British Steel announces it is ending Scunthorpe redundancies consultation

Up to 2,700 jobs were under threat at the company when the consultation on the closure of Scunthorpe's blast furnaces and wider steelmaking operations was announced in March