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Steelworks Collapses Into Government Control

Steelworks Collapses Into Government Control

Summary

The UK's third largest steelworks has come under government control, affecting the future of nearly 1,500 workers in Rotherham and Sheffield. The company's change in ownership raises concerns about job security for these workers.

Key Facts

  • The UK government has taken control of the third largest steelworks in the country.
  • This change affects about 1,500 workers.
  • The steelworks is located in Rotherham and Sheffield.
  • The future of the workers and the company is uncertain.
  • The government intervention aims to secure the business's operations.

Source Information