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UK government takes over British Steel, saving up to 2,700 jobs at Scunthorpe plant.
The UK government's takeover of British Steel has led to up to 2,700 job cuts at its Scunthorpe plant.
The intervention, using emergency powers, secured raw materials and kept the plant running, which had been under threat of closure by the previous Chinese owner, Jingye.
This move ensures job security for thousands of workers, with the government looking to stabilize and support the steel industry's future.
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El gobierno del Reino Unido se hace cargo de British Steel, ahorrando hasta 2.700 empleos en la planta de Scunthorpe.