COST OF TAKING OVER BRITISH STEEL RISES TO £235M, GOVERNMENT SAYS
https://i.guim.co.uk/img/media/86d263c9cf8bbae9ad81c19c97b4803d32046bb2/132_0_3345_2676/master/3345.jpg?width=140&quality=85&auto=format&fit=max&s=b3102c0d252ff7ae9774d24f1f7f96b3
✍️ The UK government has spent £235m to take control of British Steel, amid concerns over EU tariffs that could harm the business.
👉 The UK government has spent £235m to take control of British Steel 👉 The takeover preserved the jobs of 3,500 workers 👉 The government is paying for working capital, covering items such as raw materials, salaries, and addressing unpaid bills 👉 The EU tariffs could significantly harm the business 👉 The UK government is trying to increase British Steel's output to raise profitability
-- #ChrisMcDonald #CharlotteBrumpton-Childs #DonaldTrump #Scunthorpe #PortTalbot #China #EU #politics
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