Thousands of workers being made redundant at Britain’s biggest steelworks will receive at least £20,000 under government intervention to reduce the fallout from the closure of its blast furnaces.
Labour, which had expressed hope in opposition to reduce the number of redundancies, confirmed its intervention in government had failed to secure a rethink on the company’s plans.
The last blast furnace currently used to produce steel is being closed and an electric arc furnace, which requires less labour, will be built to replace it.
Read more: https://news.sky.com/story/rachel-reeves-defends-500m-subsidy-for-steel-job-losses-13212770
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