Worker Union Concerned over Threat of British Steel Redundancies

The Grimsby Telegraph reported that the union which represents steelworkers has branded the reports of the British Steel owners requesting an urgent package of financial support from the government as extremely concerning as the threat of thousands of redundancies looms. Steelworkers' union Community National Officer Mr Alun Davies has called these reports extremely concerning and said both the Jingye Group and the government must do whatever it takes to secure the future of British Steel. He said “Jingye promised to invest billions and their loyal workforce, who have been working tirelessly to turn the business around, expect the owners to live up to their moral and social responsibilities.”Mr Davies added “The union wants to work with Jingye to build a long-term sustainable business but the closing down UK steelmaking capacity and replacing it with high carbon imports from China would weaken our country and make a mockery of the government's commitment to net-zero.”The Chinese Jingye Group, which purchased Scunthorpe's British Steel in 2020, has allegedly told the government that without financial aid, the company's two blast furnaces are unlikely to be viable. Insiders also told Sky News that the company is prepared to make thousands of people redundant if its request was not granted. The amount of financial aid sought by the Jingye Group is unclear, but insiders added that it would need hundreds of thousands of pounds from the government to stay afloat.Currently, around 4,000 people are employed at British Steel, with thousands more dependent jobs in its supply chain.

Worker Union Concerned over Threat of British Steel Redundancies

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