British Steel is examining more than 800 job cuts at its flagship UK plant, according to trade unions, in a move that raises questions over a proposed ￡300mn support package from the government.
Although the company, which is owned by China’s Jingye, has not yet started formal consultations on the potential job losses, workers were informed of the proposals at a meeting on Wednesday afternoon, union officials told the Financial Times.
British Steel was unavailable for comment.
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