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  1. ITV Report

Chinese steelmaker agree conditional deal for British Steel in Scunthorpe

British Steel Credit: Press Association

The Chinese steelmaker Jingye Group has agreed a conditional deal this morning that should be signed and sealed next week for British Steel in Scunthorpe.

The company has released a statement this morning saying they hope to complete the deal on Monday.

However the news came as employees learned last night whether they still had a job or not.

Individual offers were sent to staff informing them of their new pay and conditions.

The Community Union say it is good news but yesterday was a bittersweet day.

  • Sean Scorer, National Secretary Community Union