British Steel has collapsed, putting more than 4,000 jobs directly at risk and threatening a further 20,000 in the companys supply chain.
The company has been put into compulsory liquidationafter talks broke down between the government and British Steels private equity owners Greybull Capital.
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Read the full article at: https://www.independent.co.uk/news/business/news/british-steel-collapse-insolvency-administration-job-losses-scunthorpe-a8924821.html