British Steel Collapses, Costing Thousands Of Jobs: Unions

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British Steel collapses, costing thousands of jobs: unions

British Steel collapsed on Wednesday after last-ditch talks with the UK government failed to secure a financial rescue, union bosses announced

London, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :British Steel collapsed on Wednesday after last-ditch talks with the UK government failed to secure a financial rescue, union bosses announced.

"This is devastating news for the thousands of workers," Tim Roache, general secretary of the GMB union, said on hearing the news.