1. ITV Report

Unions call for Government action to secure future of British Steel

Union officials are urging the Government to guarantee the future of British Steel and safeguard thousands of jobs amid suggestions that the company is seeking a multimillion-pound loan to secure its future

Credit: Press Association

It is understood that meetings are being held on Tuesday where workers will hear details about the company's plans.

Credit: ITV Yorkshire

British Steel employs thousands of workers, mainly at Scunthorpe, but has smaller plants in the North East.

Any financial help would come just weeks after the company was given funds of around £100 million to pay its European Union carbon bill.

  • Charlotte Childs GMB Union and Nic Dakin MP Lab Scunthorpe

As we have previously commented, the uncertainties around Brexit are posing challenges for all businesses including British Steel, and we are holding constructive discussions with our stakeholders on how to navigate them.

Last month the company agreed a short term bridge facility with Government to help it meet its EU emissions obligations, and discussions are continuing about a package of additional support to assist the company address broader Brexit-related issues, whilst continuing with its investment plans."

– British Steel spokesperson