
Steel firm confirms plans to axe hundreds of jobs
British Steel is to close the coking ovens at its plant in Scunthorpe.
British Steel is to close the coking ovens at its plant in Scunthorpe.
The company is said to be considering axing hundreds of jobs, mainly at its plant in Scunthorpe.
Chancellor Jeremy Hunt is reportedly thinking about handing the company £300 million in instalments over the next few years, if it meets certain conditions.