UK's third-largest steelworks collapses into government control
Source: BBC
Simon JackBusiness editor, BBC NewsBBC/Spencer StokesCourt hearings to decide on the steel firm's future had previously been adjourned several timesThe UK's third-largest steelworks has been placed under government control, creating an uncertain future for nearly 1,500 workers in Rotherham and Sheffield.Insolvency courts granted a compulsory winding up order sought by creditors owed hundreds of millions of pounds…
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