British Steel ‘on the verge of collapse’, risking 25,000 jobs

British Steel ‘on the verge of collapse’, risking 25,000 jobs

British Steel, the beleaguered manufacturer which last week asked the United Kingdom government for a $95m bailout loan, is on the brink of collapse, a source told Reuters news agency.
The steelmaker’s owners, Greybull Capital, agreed to put up some of the m…
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