British Steel (Image: PA)
Union leaders are set for talks with the Government on the future of the company amid reports it faces insolvency within days if a deal cannot be struck. Unite union said it would be speaking to Business Secretary Greg Clark today and urged British Steel owner Greybull to find a solution. A spokesman said: "We would urge Greybull to reach a deal with the Government. Thousands of jobs depend on the outcome.”
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British Steel's collapse could result in more than 4,000 redundancies at its giant Scunthorpe steelworks and job cuts at other sites.
As many as 20,000 more jobs in its supply chain have