British Steel collapses, costing thousands of jobs

By THE MANILA TIMES

May 22, 2019 7:26 pm

British Steel's Scunthorpe plant is pictured at dawn in north Lincolnshire, north east England on May 22, 2019. AFP PHOTO

LONDON: British Steel collapsed on Wednesday after the government said last-ditch talks with its owners failed to secure a financial rescue.

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