UK UK Labour Party says government must intervene to save British Steel

UK Labour Party says government must intervene to save British Steel

Image result for Gill Furniss, Labour’s spokeswoman on steel
Gill Furniss

Britain’s opposition Labour Party said on Tuesday the government must intervene to save British Steel, the country’s second largest steel producer, from administration.

The steelmaker, which employs around 5,000 people in Scunthorpe, northern England, with tens of thousands more dependent on in its supply chain, is on the brink of collapse unless the government agrees to provide an emergency 30 million pound ($38.1 million) loan by later on Tuesday.

“The UK steel industry is critical to our manufacturing base and is strategically important to UK industry,” Gill Furniss, Labour’s spokeswoman on steel, said in a statement.

“Administration would be devastating for the thousands of workers and their families who rely on this key industry in a part of the country which has not had enough support and investment from government over decades.”

Previous articleIran’s Rouhani: Today’s situation isn’t suitable for talks, resistance is our only choice
Next articleHong Kong leader presses on with extradition bill undeterred by critics