Live updates

Unions: Around 100 Caparo workers have lost their jobs in Hartlepool

Caparo workers in Hartlepool told ITV News Tyne Tees that they have lost their jobs with immediate effect. Our correspondent Frances Read is at the site, awaiting official confirmation.

"On Monday 19 October, Administrators from PwC, were appointed to 16 companies within the Caparo Industries Group.

Following their appointment the Administrators have worked closely with customers, suppliers, employees and their representatives, including three trade unions who represent the Caparo Industries Group workforce.

Today, a trading and administration update is being provided to employees and their representatives across those businesses in the Caparo Industries Group over which PwC are appointed.

No further comment will be made until that update has been provided to all of the employees.

A further announcement will be provided later today."

– Company statement



Steelworkers' union to take 'Save our Steel' campaign to Westminster

The steelworkers’ union Community is taking its campaign to save the UK steel industry to Parliament this week. On Tuesday, Community’s General Secretary, Roy Rickhuss, will give evidence to the House of Commons Business Innovation and Skills Select Committee inquiry into the steel crisis.

On Wednesday, dozens of Community members from steelworks across the UK will travel to Parliament to lobby MPs ahead of an Opposition Day debate on the steel industry.

Roy Rickhuss will lobby MPs to reduce energy costs for UK industry Credit: Dave Higgins/PA Wire/Press Association Images

The UK steel industry has seen around 3,000 job losses in recent weeks, following the closure of SSI in Redcar and proposed redundancies at Tata Steel sites in Scunthorpe and Scotland. The crisis has been caused by the dumping of cheap Chinese steel into the world market, and high energy costs.

Lord Heseltine says 'now as good a time as any' for steelworkers to lose their jobs

Lord Heseltine made the controversial comments during an interview on Sky News Credit: Isabel Infantes/EMPICS Entertainment

The Conservative peer Lord Heseltine said yesterday that now is 'probably as good a time as any' for steelworkers to lose their jobs given growing employment opportunities in the UK.

He made the comments during an appearance on the 'Murnaghan' programme on Sky News.

The SSI steelworks in Redcar closed down earlier this month with 2,000 job losses after failing to turn a profit for its Thai owners. Further jobs losses in the steel industry came when Tata steel announced cuts to its staff at sites in Scunthorpe and Scotland. The total number of jobs cut in the steel industry in recent weeks is nearly 3,500.

The crisis in the steel industry has been caused by the dumping of cheap Chinese steel into the world market, and high energy costs in the UK. Lord Heseltine also added that it would have been 'very questionable and expensive' for the government to have kept steel plants open because 'the market is unstoppable and invariably it wins.'

He said the job losses were 'very painful for the people who suffer but on the other hand, if you are going to lose your job this is probably as good a time as any because of the number of new jobs in the economy today is one of the most exciting features of this economy compared with many others.'

Torchlit procession held in "solidarity" for Teesside steelworkers

Credit: ITV News Tyne Tees

A torchlit procession is being held on Teesside on Saturday evening, October 24, as a show of solidarity for the more than 2,000 who lost their jobs after the collapse of SSI UK.

The coke ovens and blast furnace at Redcar were shut down earlier this month, just days after the company entered liquidation due to financial difficulties.

Many more jobs are expected to be affected in the wider supply chain.

A procession to the top of Eston Nab is being held this evening to pay tribute to those who have worked in the steelmaking industry on Teesside over the past 170 years.

Load more updates